@prathamjindal14

What they said

Final board, read from the last frame: S = Skydo; A = Wise; B = Stripe, Bank Wire, Razorpay; C = PayPal.

• PayPal (C tier): familiar, easy, convenient, but fees plus conversion rates make it very expensive if you receive payments regularly. "There are better options out there, so you can easily ditch this."
• Stripe (B tier): great product globally, but for Indian freelancers and agencies it is invite-only and does not provide FIRA automatically, so "not great for Indian service exporters".
• Skydo (S tier): built specifically around international payments for Indian businesses. Zero forex markup, a flat fee, instant FIRA on every transaction. "We use Skydo at [his company]."
• Bank wire (B tier): sounds easy at first but has a lot of issues with FIRA and forex rate conversions. Good for very large transactions, not best for retainers and recurring payments.
• Razorpay (B tier): strong reputation in India but runs at 4 to 5% effective cost on international transactions. Convenient if you have Indian and international clients and want all payments on one platform.
• Wise (A tier): no hidden forex markup, gives a multi-currency account so clients can pay you like a local transfer. Great and fast for freelancers; downsides are the invoice limit and variable fees.
• Ends: "If you want my opinion on any other payment methods, drop a comment."
• Criteria he names: transaction fees, payment speed, how easy it is for clients to pay, forex markup, FIRA automation. Caption lists keywords such as payment gateway, fintech, agency business.

Try this

• Freelancers and agencies in India with foreign clients: Compare tools on five things: fees, forex markup, payment speed, ease for the client, and automatic FIRA or FIRC paperwork. The creator ranks Skydo S tier, Wise A, Stripe, bank wire and Razorpay B, and PayPal C. He says his own company uses Skydo, so check fees yourself.
• Anyone paid by PayPal: Its fees plus conversion rate add up if you are paid regularly. The reel says you can easily switch.
• Retainer work: Bank wire suits very large one-off payments. For recurring payments, use a tool that handles the paperwork.
• Stores taking international orders: Check the effective cost of your gateway on international payments. The reel puts one Indian gateway at about 4 to 5 percent.
• Creators: A tier-list reel with logo animations is a repeatable format for any set of tools you really use.

Links

• Skydo: Indian cross-border payments for exporters; flat fee, no forex markup, auto FIRA/FIRC.
• Wise: multi-currency account and transfers.
• Stripe: card payments (invite-only for Indian service exporters, per him).
• Razorpay: Indian gateway, cited at 4-5% effective on international.
• PayPal: C tier. Bank wire: B tier.
• Commenter suggestions: Payoneer (several), Remitly, Binance/crypto (one commenter argues crypto avoids sharing with government, which is a risky and regulation-ignoring claim), Cashfree, Xflow, Lemon Squeezy, SMEPay, Taptap Send, Western Union, "Razorpay MoneySaver" (claimed 1% and free FIRC), Playto.so.
• FIRA/FIRC: Foreign Inward Remittance Advice/Certificate, the bank proof of foreign receipt used by Indian exporters for tax and compliance.