Calculate your extra earning
INR 95,708.10
FX rate
INR 95.7081
FX rate comparison
INR 95,349.80
FX rate
INR 95.3498
INR 95,174.70
FX rate
INR 95.1747
Banks
INR 92,505.40
FX rate
INR 92.5054
Why businesses are switching?
The wrong payment platform drains your margins on every invoice. Most users don't notice until you add up the hidden costs.
Cost Stack on Skydo
Skydo charges a flat $29 on invoices between $2K and $10K, which is expensive on smaller invoices and less competitive than Xflow on larger ones. ACH via InstaLinks adds a further 2% fee on top of that.
Cost Stack on Infinity
Infinity is India-first, but its 0.5% flat fee adds up on larger invoices, and the platform lacks Xflow features like EEFC accounts, native Zoho Books integration, transfer pricing compliance, and the FX AI Analyst.
Slow Settlement to Indian Banks
Skydo settles INR in 24 to 48 hours. Infinity settles within 24 hours. Working capital still sits idle on Skydo's longer end.
No EEFC or Transfer Pricing Support
Neither Skydo nor Infinity offers EEFC account support to hold forex until rates suit you, and neither handles transfer pricing compliance built-in for funded startups. Indian exporters end up patching this with expensive manual workarounds.
No Native India Accounting Integration
Skydo and Infinity both require third-party tooling for Indian accounting and GST workflows. Xflow ships native Zoho Books integration, so every receipt flows straight into your books with the right tax fields already filled in.
Skydo vs Infinity vs Xflow: complete breakdown
Strong for mid-range invoices
Flat-fee works well for $2K–$10K invoices. Good India support. Struggles on large enterprise billing.
$29 flat hurts at scale
Good for small transfers only
$10K cap and sole-proprietor-only restriction makes it unsuitable for growing Indian businesses.
$10K cap · Pvt Ltd not supported
Best for Indian exporters
EEFC support, no limits, guaranteed FX rate, transfer pricing compliance, and a white-label platform API.
Recommended for IT exporters
Feature | Skydo | Infinity | Xflow |
|---|---|---|---|
FX Markup | 0% | 0% | 0% (mid-market) |
Transaction / Receiving Fee | $19 (<=$2K) / $29 ($2K-$10K) / 0.3% above $10K | 0.5% flat, all-inclusive | 0.6% flat, min $12 |
FIRA / eFIRC | Free, instant | Free, auto-issued | Free, auto-issued within 24 hrs |
Settlement Speed | 24-48 hours | Within 24 hours | 1 business day |
Currencies Supported | 32 currencies | 160+ currencies | 25+ incl. AED, SGD, HKD, CHF |
Local Payment Rails | ACH via InstaLinks (2% fee) | Local bank transfers | ACH (US), SEPA (EU), CHAPS/BACS (UK) |
Guaranteed FX Rate | No | No | Yes, 3-hour lock |
RBI / FEMA Compliance | PA-CB licensed | PA-CB licensed | RBI-authorised bank partner, auto eFIRA |
FX AI Analyst | No | No | Yes |
Zoho Books Integration | No | No | Native |
API / White-Label | On roadmap | Limited | Full API + webhooks |
India-Based Support | WhatsApp + email | India-based | Dedicated India onboarding team |
Choose the plan that fits your business
Compare percentage-based pricing across invoice sizes and see how Xflow stacks up.
Flat-Tier Model
Ideal for invoices from
$2,000 – $10,000
Flat fee becomes costly on small invoices and less competitive above $3K
| Invoice value | Fees |
|---|---|
| Upto $2000 | $19 flat + Free eFIRA |
| $2,001 – $10,000 | $29 flat + Free eFIRA |
| Above $2001 | 0.3% + Free eFIRA |
India-First Cross-Border
Best for
Small to mid-range exporters
Higher flat fee than Xflow on larger invoices. Smaller platform scale on integrations, EEFC, and transfer pricing.
| Charge type | Fees |
|---|---|
| All invoice sizes | 0.5% all-inclusive |
| FX markup | 0% |
| Outbound payouts | Supported (160+ currencies) |
Flat-Tier + Percentage Model
Ideal for invoices from
$500 – $500,000+
Any invoice size, any Indian entity type — no caps, no restrictions
| Invoice value | Fees |
|---|---|
| Upto $2000 | $12 flat + Free eFIRA |
| Above $2,000 | 0.6% + Free eFIRA |
| Above $100,000 | Custom rate + Free eFIRA |
What our users say
Xflow’s product has added tremendous value to our customers by simplifying cross border payments and helping save costs. The integ
Tej Mulgaonkar
Director
Xflow helps me collect payments from customers across multiple countries. With Xflow, global payments are simplified and reconcile
Varun
Co-founder
Xflow has helped us improve collections by making it easy for my customers to pay using their local payment methods
Hemant Kumar
WeWork India
I manage my forex operations and hence it was important for me to find a payments partner who could settle into my EEFC account. X
Dhruv
Founder
Xflow has made it super simple for us to go live with Inkle’s specific cross-border payment use case (intercompany transfer pricin
Anand Krishna
CEO & Founder
Xflowpay has built very powerful, robust, and flexible APIs that any organisation can easily consume to launch cross border paymen
Pranav
Head of Forex
I am able to collect payments for invoices to overseas customers seamlessly using Xflow. My customers in US are also able to pay m
Binu
Founder
Xflow's cross-border payment solution complements our core neobank offering. We love the white-labelled nature of the product. We
Saurabh
Founder
Getting started on Xflow was easy - KYC was simple and I could start transacting in less than 24 hours. Now that we have used Xflo
Sandeep
Founder
We leverage Xflow to help our customers collect >$10,000 invoices. We draw a lot of comfort from the fact that Xflow has partnered
Saurabh
Founder
With Xflow, we found a convenient, compliant, cost-effective payment provider to bring funds into India under transfer pricing. Th
Sunil
Founder
Xflow’s product has added tremendous value to our customers by simplifying cross border payments and helping save costs. The integ
Tej Mulgaonkar
Director
Xflow helps me collect payments from customers across multiple countries. With Xflow, global payments are simplified and reconcile
Varun
Co-founder
Xflow has helped us improve collections by making it easy for my customers to pay using their local payment methods
Hemant Kumar
WeWork India
I manage my forex operations and hence it was important for me to find a payments partner who could settle into my EEFC account. X
Dhruv
Founder
Xflow has made it super simple for us to go live with Inkle’s specific cross-border payment use case (intercompany transfer pricin
Anand Krishna
CEO & Founder
Xflowpay has built very powerful, robust, and flexible APIs that any organisation can easily consume to launch cross border paymen
Pranav
Head of Forex
I am able to collect payments for invoices to overseas customers seamlessly using Xflow. My customers in US are also able to pay m
Binu
Founder
Xflow's cross-border payment solution complements our core neobank offering. We love the white-labelled nature of the product. We
Saurabh
Founder
Getting started on Xflow was easy - KYC was simple and I could start transacting in less than 24 hours. Now that we have used Xflo
Sandeep
Founder
We leverage Xflow to help our customers collect >$10,000 invoices. We draw a lot of comfort from the fact that Xflow has partnered
Saurabh
Founder
With Xflow, we found a convenient, compliant, cost-effective payment provider to bring funds into India under transfer pricing. Th
Sunil
Founder
Xflow is built for India and engineered for growth
Features other platforms don't offer - Xflow is built for Indian businesses from day one.
Guaranteed Live FX Rate
Unique to Xflow Your rate is locked for 3 hours after your client pays. You know the exact INR before you convert.
FX AI Analyst
Unique to Xflow, An AI-powered assistant that helps you decide when to convert based on market conditions.
EEFC Account Support
Hold foreign currency and convert when rates work in your favor. Skydo and Infinity move everything to INR immediately. Xflow gives you the choice to wait for better rates.
Local payment rails
Your overseas clients pay like a local bank transfer, ACH in the US, SEPA in Europe, CHAPS/BACS in the UK. Faster, cheaper, without the SWIFT friction.
Fully compliant infrastructure
ISO 27001 + SOC 2 certified. Zero upper limit on transfer size. Enterprise-grade security without enterprise complexity.
Free FIRA
Auto-generated within 24 hours for every transaction. No follow-up calls, no extra charges, no delays before your audit.
- 01Exchange rate markups Banks add a 2-4% markup over the mid-market rate; fintech platforms typically charge 0.5-1%. On large or recurring transfers, this gap has a real impact on how much the recipient receives. Look beyond the advertised fee and compare the actual exchange rate on offer.
- 02Transfer fees Per-transfer fees vary widely across providers, from nothing to $30 or more. A zero-fee provider isn't always cheaper as the cost is often built into a less competitive exchange rate. Compare the full picture: fee and FX spread combined.
- 03Processing time Bank wires take 2-5 business days. Fintech platforms usually settle within 1-2 business days, and some offer same-day delivery for Canada to India transfers. Check the estimated delivery window before you send.
- 04Tax rules for senders and receivers Tax rules vary on both ends of a transfer. Canada does not tax outward transfers at source, but cross-border payments may have GST/HST implications depending on the nature of the transaction. On the receiving end, inward remittances into India are not taxable as income and recipients are not subject to TCS.
- 05Sending limits and KYC Canada has no hard cap on outward international transfers, but transactions above CAD 10,000 must be reported to FINTRAC under Canada's anti-money laundering rules. All regulated platforms require identity verification before processing. Have a government-issued ID and proof of address ready.
- 06Banks vs fintech platforms Canadian banks charge high FX markups on top of wire fees, and additional deductions from correspondent banks can further reduce what arrives in India. Fintech platforms offer tighter spreads and transparent fees, so more money reaches the recipient.
Who Is Xflow Built For?
Feature | Other Platforms | Xflow |
|---|---|---|
IT / IT Service Exporters | ||
Skydo's $29 flat fee gets expensive fast when billing multiple $5K-$10K invoices monthly. | 0.6% flat fee - a $50,000 invoice costs $300, nothing more. | |
Infinity lacks EEFC settlement for strategic currency management on large project receivables. | EEFC account - hold USD or GBP and convert strategically when FX is in your favour. | |
Neither handles transfer pricing compliance, a non-negotiable for ITES companies with global HQ structures. | Transfer pricing compliance built in - reduces CA and legal audit costs significantly. | |
No native accounting integration means reconciliation is always manual for high invoice volumes. | Native Zoho Books + ISO 27001 + SOC 2 + JP Morgan-backed infrastructure enterprise clients approve. | |
SaaS & Startups | ||
Skydo's flat fees compound fast across monthly recurring invoices, painful for early-stage high-frequency SaaS. | 0.6% flat fee on every invoice - predictable cost that scales cleanly with ARR. | |
Neither handles transfer pricing for funded startups with a global HQ structure - non-negotiable for Series A+. | Transfer pricing compliance built in, purpose-built for funded startups with Indian subsidiaries. | |
Multi-currency receivables in USD/GBP/EUR have no hold option - everything converts to INR immediately. | EEFC account - hold foreign currency across billing cycles and convert at the right moment. | |
FIRA across multiple billing cycles creates a compliance backlog every quarter without automation. | Free eFIRA per transaction within 24 hours + native Zoho Books, keeping billing audit-ready. | |
Freelancers & Agencies | ||
Skydo's $19 minimum makes invoices below $2,000 disproportionately expensive - $19 whether the invoice is $300 or $1,999. | 0.6% flat fee with no FX markup - more of every invoice reaches your bank. | |
Neither Skydo nor Infinity offers EEFC accounts to hold forex and time your conversion. | EEFC account support - hold USD or GBP and convert when the rate suits you. | |
Neither auto-issues per-transaction eFIRA fast enough for quarterly ITR filing and GST refund claims. | Free eFIRA auto-issued within 24 hours - ITR and GST filing without chasing documents. | |
Skydo's ACH via InstaLinks adds a 2% fee on top of the flat charge, eroding US-client invoices. | 1-day INR settlement, no invoice limits, all entity types (Pvt Ltd, LLP, OPC, sole prop, individuals). | |
Platforms & Marketplaces | ||
Skydo has no white-label or API-first option - built for direct inbound, not platform distribution. | Full white-label API with webhooks to embed cross-border payments directly into your platform. | |
Infinity's API is limited and not designed for programmatic onboarding of vendors at scale. | Programmatic onboarding - add and manage vendors at scale without manual intervention. | |
Frequently asked questions
We're making the headlines
"Xflow, an Indian fintech startup, has secured backing from both Stripe and PayPal Ventures in a $16.6 million funding round. The investment comes as the company works to carve out a position in cross-border B2B payments, a market still dominated by banks and manual processes.
"Xflow, a leading cross-border payments fintech, today announced the launch of its new flexible, flat-fee pricing plans designed specifically for India's small and mid-sized exporters. "
"Indian exporters can now focus on growth while Xflow handles complex payment documentation Bengaluru, Karnataka, India (NewsVoir) Xflow today announced the launch of Compliance Desk, a managed service that allows Indian exporters to outsource the complex compliance requirements tied to cross-border payments.
“Xflow, a Bangalore-based fintech specialising in cross-border payments, has received in-principle approval from the Reserve Bank of India (RBI) to operate as an online Payment Aggregator for Cross-Border transactions. ”
"Xflow, a financial services and infrastructure company, simplifies the cross-border payments experience for businesses.
"Xflow has made it super simple for us, it handled our needs, volumes and edge cases quickly, seamlessly and compliantly," said Anand Krishna, CEO and Founder of Inkle
"Xflow is designed to help businesses send and receive cross-border payments in a compliant and regulatory manner - from freelancers to small and medium enterprises all the way