Tazapay vs Skydo (2026): Which Is Better for Receiving International Payments in India?

How do Tazapay and Skydo compare at a glance?

Tazapay and Skydo compare on the twelve points below, using each provider's published information as checked on 28 October 2026. Where a provider does not publish something, the table says so.¹¹¹²¹²

How much INR do you receive on $2,000, $5,000 and $10,000 with Tazapay vs Skydo?

The INR you receive with Tazapay and Skydo is the invoice at the reference rate, less each provider's fee, conversion markup, GST on fees and FIRA charge. The table works this out from published pricing at today's rate.

What is Tazapay and who is it for?

Tazapay is a cross-border payments company, with licensed or registered entities in Singapore, Canada, the United States, Australia and Hong Kong, that offers incorporated businesses card and local payment method checkout, multi-currency collection accounts and payouts, and lists India among its jurisdictions through Tazapay Canada Corp. operating under the Rupee Drawing Arrangement.²³⁸¹¹

• Regulated by: Tazapay's licences page lists India only through Tazapay Canada Corp., which it says operates under the RBI's Rupee Drawing Arrangement (RDA) as an overseas principal, with foreign currency collected abroad and the INR equivalent credited through authorised banking channels. Tazapay does not appear in the RBI's list of authorised payment system operators, including its Payment Aggregator (PA-O, PA-P and PA-CB) section, as checked on 28 October 2026. Tazapay's contracting entity for Indian account holders is Tazapay Canada Corp., Tazapay Pte. Ltd. or Tazapay HK Limited, at Tazapay's discretion.²³²⁴⁸
• Used by: Incorporated businesses only: Tazapay's terms require the account holder to be a corporation duly incorporated under applicable law. For India, Tazapay lists GST, certificate of incorporation, IEC, Udyam registration, MGT 7 (for private limited companies), MOA and AOA among KYB documents. Individual freelancers are not eligible under the terms.⁸⁹
• Best for: Companies taking card or local payment methods.⁸⁹

What is Skydo and who is it for?

Skydo is a Bengaluru-based payment aggregator, listed by the RBI as a PA-CB for inward and outward transactions, that gives Indian exporters local and SWIFT account details abroad and pays out in INR to their Indian bank.²⁵⁶¹⁰

• Regulated by: Skydo Technologies Private Limited is on the RBI list as a PA-CB-I & O (Payment Aggregator, Cross Border, facilitating inward and outward transactions), authorised on 8 January 2026. Its terms say it uses partner banks to provide the service.²⁵⁶
• Used by: Skydo's terms cover individuals aged 18 or over, proprietorships, companies and other legal entities, for business and commercial payments only; Skydo says the service is built for Indian freelancers and exporters. Whether GST registration is required is not published.⁶⁵
• Best for: Local bank transfers from major markets.¹⁰

How do Tazapay and Skydo fees and FX markup compare?

Tazapay and Skydo charge in different ways, so compare the fee and the conversion markup together, not the headline fee alone.

What does Tazapay charge?

What does Skydo charge?

How do Tazapay and Skydo compare on settlement speed?

Tazapay and Skydo publish these settlement times for money reaching an Indian bank account.

Do Tazapay and Skydo provide FIRA and e-BRC, and are they RBI PA-CB authorised?

Tazapay and Skydo publish the FIRA position and RBI status below, checked on 28 October 2026. An e-BRC is generated by the exporter on the DGFT portal from bank remittance data, so it does not depend on the provider issuing one.⁴⁸

Which currencies, countries and payment methods do Tazapay and Skydo support?

Tazapay and Skydo accept the currencies and payment methods below, as each publishes them.

What are the strengths and limitations of Tazapay and Skydo?

Tazapay and Skydo each suit some exporters better than others. These points come from each provider's own pages.

What are the strengths and limitations of Tazapay?

Strengths:

• Your business is an incorporated Indian company that can provide the KYB documents Tazapay lists for India.⁸⁹
• Your clients want to pay by card or a local payment method in their own country through a checkout or payment link.¹¹
• You want collection account details in currencies such as USD, EUR, GBP, SGD, AUD or HKD and are willing to get a quote from sales.²⁰¹¹

Limitations:

• Tazapay does not appear in the RBI's list of authorised Payment Aggregators, including the cross-border (PA-CB) category, as checked on 28 October 2026; it describes its India set-up as the Rupee Drawing Arrangement.²⁴²³
• Individual freelancers cannot sign up; the account holder must be an incorporated corporation.⁸
• Fees for receiving into Global Collection Accounts and the FX margin are not published.¹¹⁴⁷
• A FIRC for India costs USD 4 and is requested from partner banks rather than issued automatically.¹¹¹⁸
• Settlements are weekly by default unless a custom cycle is agreed.¹³
• Tazapay's pricing page and help centre publish different settlement and payout fee figures.¹¹¹²

What are the strengths and limitations of Skydo?

Strengths:

• Your clients are in the US, UK, UAE, Canada, Europe, Australia or Singapore and can pay by local bank transfer in their own currency.¹⁰
• Your invoices are large enough that a flat USD 19 or USD 29 fee is a small share of the amount; Skydo itself says invoices under $1,000 carry a higher effective rate.¹⁵
• You want a FIRA issued for each payment by an RBI-authorised PA-CB.⁵²⁵

Limitations:

• Payments below USD 50 cannot be processed, and the flat fee weighs more on small invoices.⁴⁵
• Skydo says it does not accept payments from 15 countries, but lists them only in an image.⁴⁹
• No card payment option or card fee is published.⁷
• Skydo's pages give different settlement times (within 24 hours on its product page, T+1 to T+3 business days in its terms) and describe its FX rate differently (0% markup on its product page, a retail rate set by Skydo or its partner banks in its terms).⁵⁶
• Skydo's terms limit the service to business and commercial payments, so it does not cover personal remittances.⁶

Should you choose Tazapay or Skydo?

Choose between Tazapay and Skydo by how your clients pay and your usual invoice size.

Choose Tazapay if:

• Your business is an incorporated Indian company that can provide the KYB documents Tazapay lists for India.⁸⁹
• Your clients want to pay by card or a local payment method in their own country through a checkout or payment link.¹¹
• You want collection account details in currencies such as USD, EUR, GBP, SGD, AUD or HKD and are willing to get a quote from sales.²⁰¹¹

Choose Skydo if:

• Your clients are in the US, UK, UAE, Canada, Europe, Australia or Singapore and can pay by local bank transfer in their own currency.¹⁰
• Your invoices are large enough that a flat USD 19 or USD 29 fee is a small share of the amount; Skydo itself says invoices under $1,000 carry a higher effective rate.¹⁵
• You want a FIRA issued for each payment by an RBI-authorised PA-CB.⁵²⁵

For example, say a designer invoices a US client USD 2,000. Because Tazapay does not publish full pricing for that case, ask for a quote in writing and compare it with the FIRA rate after the first payment.⁴⁷¹¹⁵⁶

Which other platforms should you consider besides Tazapay and Skydo?

Other platforms to consider besides Tazapay and Skydo are the ones with the lowest estimated cost on a USD 5,000 receipt, listed in that order.^{3132343537394041434445}

Compare every provider on your own invoice in the platform cost comparison.