Landing freelance gigs on Upwork requires more than just a stellar profile. While your skills and experience take centre stage, a well-crafted cover letter can be the secret weapon that sets you apart from the competition.&nbsp;

This guide equips you with expert tips and winning templates for cover letters for Upwork to craft proposals that grab clients' attention and secure those dream projects.

Understanding the Importance of a Cover Letter on Upwork

Defining a Cover Letter in the Freelance Landscape

Cover letters on Upwork serve as introductions, expand your profile, and showcase your suitability for the job, much like in the traditional job market. It's your chance to personalise your proposal, demonstrate your understanding of the project, and showcase what makes you the ideal freelancer for the job.

Why Your Upwork Cover Letter Makes a Difference

Crafting a Winning Cover Letter: Essential Tips

Now that you understand the importance of a cover letter let's delve into the key elements that make it effective:

Add Your Personality (While Remaining Professional)

While professionalism is key, there's no need to be boring. Write in a conversational tone that's respectful but engaging. Avoid starting with dull phrases like "My name is Job Applicant Jean" and instead, let your personality shine through with phrases like “Having helped clients achieve [Specific results] in the past, I believe my skills can be a valuable asset to your [Project Name] project.”&nbsp;

Pay attention to the keywords used in the project description. Subtly integrate these keywords throughout your cover letter for Upwork to improve your proposal's searchability within Upwork's search engine.

Example: Look for keywords in the project description (e.g., "social media marketing"). Subtly weave them into your cover letter to improve searchability within Upwork's search engine. Instead of generic statements like "I have experience in marketing,” go for keyword integration: "I noticed you mentioned a focus on social media marketing and audience engagement. In my previous role, I managed social media campaigns that grew follower bases by 30% through targeted content strategies."

Anticipate potential concerns clients might have and address them directly in your cover letter. This demonstrates your attentiveness and ability to think ahead.

For example, instead of leaving clients wondering with generic statements like "I'm a great writer, trust me,” try addressing concerns like"I understand clear communication is crucial. I provide regular progress updates and keep you informed throughout the project. Feel free to reach out with any questions or concerns."

Instead of a standard sign-off, conclude with a call to action that reinforces your value proposition.

Example: "I'm confident my skills can significantly benefit your project. Let's discuss how I can help you achieve your goals. I'm available for a call at your earliest convenience."

Refine Your Approach: As you gain experience, track what resonates with clients and adapt your cover letters for continued success.

Showcase Your Passion and Understanding of the Client's Industry

Go beyond just listing your skills. Briefly mention what excites you about the client's industry or project type. This demonstrates genuine interest and sets you apart from freelancers focused solely on the job itself.

Example: "I've been following the impressive work your company has done in the sustainability sector, and I'm particularly passionate about [specific aspect of the industry]. My experience in [relevant skill] combined with my enthusiasm for this field allows me to bring a unique perspective to your project."

Highlight Your Skills and Quantify Your Achievements (When Possible)

Don't simply repeat your resume. Briefly showcase your most relevant skills and experiences that directly address the project's requirements. Back up your claims with data. Numbers add credibility and give clients a clearer picture of your impact.

Example: Instead of saying "increased website traffic," quantify it. "I crafted SEO-optimised blog posts that resulted in a 25% increase in organic website traffic for my previous client."

By incorporating these essential tips, you'll craft compelling cover letters that land you the freelance projects you deserve. Remember, a cover letter is an ongoing conversation. Keep personalising and refining your approach to stand out on Upwork!

Sample Cover Letter Templates for Success

These Upwork cover letter samples provide a foundation to build upon, tailored to different freelance specialities.

I am writing to express my interest in your project for [Project Title]. Having reviewed the details, I am confident that my skills and experience in [Your Skills] make me a strong fit for this role.

In my previous work with [Previous Client/Company], | successfully [Describe a Relevant Achievement]. My portfolio showcases a range of projects that demonstrate my ability to [Highlight Relevant Skills]

I am eager to learn more about your vision for this project and discuss how | can contribute to its success. Please find my portfolio attached for your review.

Thank you for your time and consideration.

I came across your project for [Project Title] and was immediately drawn to the opportunity to leverage my expertise in web design. With [Number] years of experience crafting user-friendly and visually appealing websites, I am confident I can deliver exceptional results.

In my previous project for [Previous Client], I designed a website that resulted in a [Quantifiable Achievement] increase in [Metric, e.g., traffic, conversions]. My portfolio showcases my ability to design websites that are not only aesthetically pleasing but also optimised for [Areas of Expertise, e.g. SEO, mobile responsiveness].

I'm eager to discuss your vision for the website and collaborate on a design that exceeds your expectations. Please find my portfolio linked below for your reference: [Portfolio Link]

I came across your project for [Project Title] and was immediately drawn to the opportunity to leverage my content writing skills. With [Number] years of experience crafting engaging and informative content, I am confident I can create pieces that resonate with your target audience and achieve your desired goals.

In my previous role at [Previous Client/Company], I successfully increased website traffic by [Quantifiable Achievement] through the creation of [Type of Content, e.g., blog posts, SEO-optimised articles]. My portfolio showcases my ability to write in various styles and tones, ensuring your content aligns perfectly with your brand voice.

I'm eager to discuss your content strategy and brainstorm ideas that will captivate your audience and drive results. Please find writing samples relevant to your project in my portfolio linked below: [Portfolio Link]

I'm excited to submit my proposal for your [Project Title] project. Having reviewed the details, I am confident my expertise in graphic design can deliver visually stunning and impactful creative assets that align with your vision.

For [Number] years, I've been helping businesses like yours create captivating visuals that elevate their brand identity. In my previous project for [Previous Client], | designed [Type of Design, e.g. logos, social media graphics, website banners] that resulted in a [Quantifiable Achievement] increase in [Metric, e.g. brand awareness, engagement].

My portfolio showcases my design versatility and ability to translate your ideas into effective visuals. I'm particularly skilled in [Areas of Expertise, e.g., brand identity design, illustration, UI/UX design. I'm eager to collaborate with you and bring your design vision to life. Please find a link to my portfolio showcasing relevant design work: [Portfolio Link].

Having reviewed your project for [Project Title], I'm confident my video editing skills and creative vision can transform your raw footage into a compelling and engaging video.

With a passion for storytelling and [Number] years of experience editing videos for [Previous Clients/Companies/Industries], | possess a strong understanding of pacing, transitions, and the power of visuals to capture and hold the audience attention.

In my previous project for [Previous Client], I edited a video that achieved [Quantifiable Achievement] by utilising [Specific Editing Techniques]. My portfolio showcases my ability to edit videos across various styles, from promotional content to explainer videos.

I'm eager to discuss your vision for this project and collaborate on crafting a video that exceeds your expectations. Please find a link to my portfolio showcasing my editing skills: [Portfolio Link].

Note: Adapt the bracketed sections to your specific skill set. Also, while you can use these templates for reference, it's important to make your cover letter very personalised.

By incorporating these tips and templates, you'll be well on your way to crafting compelling cover letters for upwork proposals that land you the freelance projects you deserve. Remember, a cover letter is an ongoing conversation. As you gain experience on Upwork, track what resonates with clients and refine your approach for continued success.

Check out this blog for expert tips and tricks on cover letter templates that will help you craft standout proposals and land freelance gigs on Upwork.

Land Your Dream Freelance Gig: Upwork Cover Letter Guide

Land Your Dream Freelance Gig: Upwork Cover Letter Guide th

Anoosh Kotak

small_636d256aa4dc6a309d1596ef_a895f3f6-f6c1-4bd3-8990-156aa42b9072.jpeg

thumbnail_636d256aa4dc6a309d1596ef_a895f3f6-f6c1-4bd3-8990-156aa42b9072.jpeg

Razorpay, known for its payment gateway and payroll services in India, now offers international payment solutions too, including virtual accounts and traditional gateways for exporters.

In this blog, we unpack Razorpay’s international offering and explore alternatives, so you can find what fits your business best.

<a href="https://www.skydo.com/blog/razorpay-international-payments-charges-features">Razorpay</a> app is an Indian payment gateway founded in 2014 that provides financial services for businesses. Its offerings include payment processing, banking solutions, lending options, and business operation tools.

For international payments, Razorpay has two main options.&nbsp;

The standard payment gateway service that accepts payments from multiple countries through credit/debit cards, bank transfers, SWIFT, and PayPal, with funds converted to INR.&nbsp;

Their MoneySaver Export Account provides virtual international bank accounts, allowing clients to make payments via local bank transfers in various currencies.

Key Features of Razorpay International Payments

Razorpay's payment gateway accepts international payments through credit card and debit card, bank transfers, SWIFT, and PayPal integration. It supports transactions from over 100 countries and automatically converts foreign currencies to INR. The system handles payment processing and basic reconciliation for international transactions.

Pricing: <a href="https://razorpay.com/accept-international-payments/">3% transaction fee</a> for card payments. PayPal transactions incur PayPal's standard fees (approximately 4.4% transaction fee plus a $0.30 flat fee, along with a 4% forex markup).

This solution provides virtual international bank accounts for businesses regularly receiving foreign payments. Clients can pay via local bank transfers in multiple currencies. The system generates automated digital FIRA and uses live forex rates for currency conversion.

Pricing: 1% of the transaction amount with no additional forex markup.

<a href="https://www.skydo.com/">Skydo</a> is an international payment platform designed for Indian freelancers and businesses. It provides virtual international bank accounts that let clients pay you as if you were a local business in their country. The platform offers accounts in the US, UK, Canada, Australia, and other major markets.

Skydo converts payments using live forex rates without markup, meaning you get the exact exchange rate you see on Google. The platform also includes invoice generation, payment tracking, and analytics tools to help manage international income.

Wise Business: A Solid Razorpay Alternative for Freelancers and Small Businesses

<a href="https://www.skydo.com/blog/top_5_wise_alternatives_for_international_payment">Wise (formerly TransferWise)</a> offers multi-currency accounts for businesses of all sizes receiving international payments. The platform started as a peer-to-peer remittance service but has expanded to provide accounts that can hold and convert multiple currencies.

PayPal: A Globally Accepted Razorpay Alternative

<a href="https://www.skydo.com/blog/top-paypal-india-alternatives-for-international-payment">PayPal</a> is one of the most widely recognized payment platforms globally, handling cross-border personal and business transactions.

PingPong: A Viable Razorpay Alternative for ecommerce&nbsp;

<a href="https://www.skydo.com/blog/pingpong-payments-review-fees-features">PingPong</a> focuses on simplifying international payments for freelancers and e-commerce sellers, with particular attention to marketplace integration.

Payoneer: A Solid Razorpay Alternative for Marketplace Integrations

Founded in 2005, <a href="https://www.skydo.com/blog/payoneer-fees-india-guide">Payoneer</a> is an established platform for international payments, particularly popular with freelancers and marketplace sellers.

<a href="https://www.skydo.com/blog/karbon-business-features-pricing-and-alternatives">Karbon Business </a>(formerly Karbon Card) is an Indian fintech platform that started with corporate cards but has expanded to international digital payments. The platform handles both inward and outward remittances for Indian businesses.

<a href="https://www.skydo.com/blog/eximpe-reviews-fees-alternative">Eximpe</a> provides payment solutions specifically designed for cross-border transactions. The platform caters to freelancers and small businesses who regularly work with international clients.

Receive seamless International Payments with Skdyo

Skydo makes getting paid from international clients feel a lot less complicated. You get virtual accounts in major markets like the US, UK, Singapore, and Australia,&nbsp; and once the payment comes in, it’s usually in your Indian bank account within 24 hours.

What really makes a difference though? You always know where your money is. With real-time tracking and helpful reminders, you’re never in the dark. Plus, Skydo gives you the live forex rate (no hidden markups) and your FIRA instantly — so you stay compliant without the usual back and forth.

Add to that a 5-minute setup and a support team that’s actually based in India — and it’s easy to see why more businesses are switching. If you’re looking for a smoother, more transparent way to handle international payments, Skydo could be a great fit.

RazorPay Alternatives for receiving international payments

large_RazorPay Alternatives for receiving international payments

medium_RazorPay Alternatives for receiving international payments

small_RazorPay Alternatives for receiving international payments

thumbnail_RazorPay Alternatives for receiving international payments

Stripe vs Payoneer,&nbsp; both are trusted names in international payments, but they serve different needs. Stripe is great for online businesses with developer-friendly tools, while Payoneer is popular among freelancers and marketplace sellers.

In this blog, we break down their features, pricing, pros, and cons.&nbsp; And if neither feels right, we’ve also included a solid alternative worth exploring, which is more affordable than both options.

Stripe Vs Payoneer: Understanding the Differences

<a href="https://www.skydo.com/blog/stripe-india-charges-review-alternatives">Stripe</a> is an Irish-American comprehensive cross-border payment solution that allows businesses to accept payments in 135+ currencies. It offers flexible UI components like masking styling and error handling to help businesses build a seamless branded checkout experience. It also supports one-time and recurring payments through instant <a href="https://stripe.com/in/payments/payment-links">payment links</a> or by embedding its <a href="https://stripe.com/in/payments/checkout">checkout solution</a> on the website directly. Stripe could be a good choice if you run an e-commerce business with international buyers.&nbsp;&nbsp;

However, Stripe operates on an<a href="https://support.stripe.com/questions/stripe-accounts-are-invite-only-in-india"> invite-only model</a> in India. This means you cannot directly sign up on the website; you have to send them an invite, and if they accept it, you get access to the product. There is no definite timeline for when your invite will be accepted because Stripe is only providing access to businesses focused on global expansion.&nbsp;

Processing Fees: <a href="https://support.stripe.com/questions/additional-pricing-information-for-indian-cross-border-sellers">4.3%</a> of the transaction amount

Currency conversion fee: <a href="https://support.stripe.com/questions/additional-pricing-information-for-indian-cross-border-sellers">2%</a> of the current exchange rate

Additional fee: Stripe also levies ancillary fees for chargebacks and disputes. For example, Stripe&nbsp; deducts <a href="https://stripe.com/in/pricing">Rs. 1000 as a chargeback fee</a> in the event of a lost dispute

No FIRA: Stripe doesn’t provide a FIRA. <a href="https://support.stripe.com/questions/firc-payment-advice-for-international-transactions-in-india">Payment advice</a> is sent to your email address, which you can use to obtain FIRA from your bank at an additional fee

<a href="https://www.skydo.com/blog/payoneer-payment-gateway-features-fees">Payoneer</a> was founded in 2005 in New York. It is a global payment platform allowing businesses to send and receive payments in 70+ currencies. It offers <a href="https://www1.payoneer.com/in/solutions/global-payment-service/">multi-currency virtual accounts</a> to users in countries like the US, UK, Europe (EU), Australia, and China, with other flexible payment modes like bank transfers and card payments.&nbsp;

In India, you can use the Payoneer payment gateway to receive international payments. Payoneer also provides Indian customers with free digital FIRA to stay compliant with the rules. Ordinarily, payments made through local bank transfer or wire transfer/SWIFT take approximately <a href="https://payoneer.custhelp.com/app/answers/detail/a_id/33930/~/what-is-the-status-of-my-payment%3F-%28receiving-accounts%29">three business days</a> to be credited to your account. Payoneer has also built itself as an enterprise-compliant solution by offering features like <a href="https://www1.payoneer.com/in/enterprise/">mass payouts and API support</a>.

Payoneer Pricing for Receiving International Payments

Virtual Accounts: 1% for USD, free for all currencies

Credit Card: 3.2%+&nbsp; $0.49&nbsp;

Withdrawal Fees:&nbsp;A 3% withdrawal fee is applied when withdrawing the payment from your local bank account in India. This applies to all the above payment methods.

Based on what we have covered so far, it might be a bit too much for you to wrap your head around.

To make it easier to comprehend, we have summarized the key differences between the payment solutions in this table. This will also help you make an informed decision about which one is closer to your requirements.

Skydo: An affordable alternative to receiving international payments

Skydo is a cost-effective alternative to Stripe and Payoneer and can address the pain points that Indian businesses and freelancers might face on these platforms.

Skydo offers flat-fee pricing with no additional account maintenance charges or fixed fees. Here’s the breakdown of the fee structure:

Plus, Skydo gives you the live forex rate with zero markup, something both platforms don’t offer. That means your payment gets converted at the actual market rate on the day of transfer, not a rupee less

Stripe and Payoneer may have strong global reach, but for Indian businesses, they often fall short. Their fees are higher, settlements are slower, and support is limited, with no India-based team and mixed customer reviews. Many users report<a href="https://www.g2.com/products/stripe-stripe-payments/reviews?utf8=%E2%9C%93&amp;filters%5Bcomment_answer_values%5D=support"> long wait times </a>and <a href="https://www.g2.com/products/payoneer/reviews/payoneer-review-10770537">unresolved issues</a>, especially when it comes to compliance and troubleshooting.

Skydo offers a better alternative: ✅ Lower, transparent pricing
 ✅ 24-48 hour settlement ✅ Dedicated India-based support ✅ Skydo has received in principle RBI-approval to operate as a Payment Aggregator for Cross-Border Payments

Built for Indian exporters, freelancers, and global sellers, Skydo makes international payments fast, affordable, and fully compliant.

Think it’s a fit? You’ll know in 5 minutes.
 👉 Sign up now and get started.

large_Stripe Vs Payoneer

medium_Stripe Vs Payoneer

small_Stripe Vs Payoneer

thumbnail_Stripe Vs Payoneer

Stripe Vs Payoneer

You've finally landed that international client, but now comes the payment headache. When a client pays you, say, $5,000 from abroad, you often wrestle with high fees, poor exchange rates, and complicated paperwork, making your well-earned money a frustrating experience.

Briskpe, based in Mumbai, offers payment solutions for international transactions. Their service aims to simplify cross-border payments for freelancers and small businesses who regularly work with overseas clients.

Let's look at what Briskpe offers, how it works, and whether it might be the right payment solution for your business needs, or if there is a better alternative:

Here's what Briskpe offers to simplify your cross border payment struggles:

Here's what Briskpe charges you for receiving international payments:

Transaction Fee stands at 1% for all international payments you receive. If your UK client sends you USD 5,000, Briskpe will charge you $50 as their processing fee. The percentage remains consistent regardless of the payment amount or the currency involved.

Live Forex Rate is applied when converting between currencies. Briskpe provides real-time exchange rates without the hidden charges and markups.&nbsp;

When comparing these costs to traditional banking options, Briskpe's 1% fee is generally lower than the 3-5% many freelancers pay through combinations of wire transfer fees, currency conversion costs, and intermediary bank charges. However, is it the most affordable option out there for receiving international payments? We'll find out.&nbsp;

Skdyo: A Seamless Briskpe Alternative for Receiving International Payments&nbsp;

If you're looking beyond Briskpe for international payment solutions offering a variety of payment options, Skydo offers another option worth considering.

Skydo provides a more affordable fee structure that could save money, especially on more significant transactions, to meet your diverse client needs. Unlike Briskpe's percentage-based model, Skydo uses a simple flat fee approach:

This pricing structure makes a real difference to your bottom line. Let's look at two examples:

For a $5,000 payment, Briskpe would charge you $50 (1% fee). With Skydo, you'd pay just $29, saving you $21 on that transaction.

The savings become even more significant with larger amounts. For a $20,000 payment, Briskpe would take $200 from your earnings. Skydo's 0.3% fee would amount to only $60, saving you $140 on just one payment.

Like Briskpe, Skydo offers zero FX margin, meaning you get the actual market exchange rate when converting currencies. According to their calculator, this transparent approach could save you up to ₹89,052 annually compared to traditional banks.

What sets Skydo apart is its focus on customer support and user experience. They provide global accounts in the US, UK, Canada, Australia, and 10+ other countries, which you can set up in just 5 minutes. Their unified platform includes instant FIRA documentation and real-time payment tracking, helping you keep tabs on your money as it moves.

Skydo also integrates additional features that make managing international income easier, including GST-compliant invoicing, payment reminders, client ledger tracking, and business analytics tools—creating a more comprehensive solution for freelancers, medium enterprises, and small businesses.

For Amazon marketplace sellers, Skydo offers specialized services for Amazon Global Selling across multiple marketplaces with tailored pricing.

Want to explore Skydo for your international payments?

<a href="https://www.skydo.com/">Get started now</a>

large_Briskpe: Reviews, Fees and Alternatives

medium_Briskpe: Reviews, Fees and Alternatives

small_Briskpe: Reviews, Fees and Alternatives

thumbnail_Briskpe: Reviews, Fees and Alternatives

Briskpe: Reviews, Fees and Alternatives

In this article, we'll analyse India's top five cross-border payment companies to help you find the right fit for your international payment needs.

Imagine you've just completed a project for an overseas client. The payment arrives after days of waiting, but it's less than expected, reduced by unexpected bank fees and unfavourable exchange rates.​

India's export and freelance sectors are experiencing unprecedented growth. Between April an<a href="https://pib.gov.in/PressReleasePage.aspx?PRID=2098447">d December 2024, the country's exports reached an estimated US</a>D 602.64 billion, marking a 6.03% increase from the same period in 2023. As more Indian professionals engage in global commerce, the challenges of receiving international payments, such as hidden fees and compliance complexities, have become more pronounced.​

In response, a new wave of homegrown payment solutions has emerged, tailored to the needs of Indian users. These platforms offer competitive exchange rates, faster transfers, and simplified compliance processes, providing a more efficient alternative to traditional banks.&nbsp;

<a href="https://www.skydo.com/">Skydo</a> provides virtual bank accounts in multiple countries, including the US, UK, Canada, and Australia, allowing Indian freelancers and businesses to receive payments in multiple currencies, including USD, GBP, EUR, and CAD. Their standout feature is zero forex margin with transparent flat fees and instant <a href="https://www.skydo.com/blog/importance-of-fira-for-freelancers">digital FIRA</a> generation.

<a href="https://www.skydo.com/blog/razorpay-international-payments-charges-features">Razorpay International Payments</a> allows Indian businesses to accept payments from over 100 countries through standard options like cards, bank transfers, and PayPal. They also offer MoneySaver Export Account, which provides virtual international bank accounts for receiving direct bank transfers.

<a href="https://www.skydo.com/blog/karbon-business-features-pricing-and-alternatives">Karbon Business (formerly Karbon Card)</a> facilitates inward and outward remittance services for Indian businesses and freelancers. Initially starting as a corporate card platform, they've expanded to offer international payment solutions and partnered with banks like IDFC Bank and JP Morgan Chase.ngs&nbsp;

<a href="https://www.skydo.com/blog/eximpe-reviews-fees-alternative">EximPe </a>provides cross-border payment solutions with global collection accounts in 30+ currencies for freelancers and small businesses. It offers transaction-based pricing and monthly subscription models, along with trade financing options for import-export businesses.

<a href="https://www.skydo.com/blog/xflow-price-features-alternatives">Xflow</a> is an India-based payment platform that provides virtual USD accounts for receiving international payments. The service offers next-day settlements, payment links, invoicing tools, and automated digital FIRA generation for international transactions.

Receive affordable and compliant cross-border payments with Skydo&nbsp;

When it comes to receiving international payments as an Indian freelancer or business, the choice of platform can significantly impact your bottom line. After reviewing India's top five cross-border payment companies, a few key differences stand out.

While all five platforms offer digital FIRA generation and some form of virtual accounts, they vary widely in pricing structures, currency support, and additional features. Razorpay offers wide country coverage but comes with higher fees. Karbon Business provides dual-direction payments but only supports USD for inward payments. EximPe offers multiple currency options but has a complex fee structure. Xflow provides simple invoicing tools but is limited to USD transactions.

Skydo emerges as the most cost-effective option, especially for more significant transactions. With transparent pricing, zero forex margin, and fees as low as 0.3% for payments above $10,000, it can save you thousands compared to platforms charging a flat 1% or more. The instant FIRA generation, 5-minute account setup, and dedicated customer support address the main pain points freelancers face with international payments.

For freelancers and businesses looking to maximize their earnings from international clients, Skydo offers the most comprehensive solution that balances affordability, transparency, and essential features to make cross-border payments seamless.

<a href="https://www.skydo.com/">Explore Skydo</a>

Top 5 Cross-Border Payment Companies in India

large_Top 5 Cross-Border Payment Companies in India

medium_Top 5 Cross-Border Payment Companies in India

small_Top 5 Cross-Border Payment Companies in India

thumbnail_Top 5 Cross-Border Payment Companies in India

Infinity Payment is a platform for receiving cross-border payments in India. Based in Bangalore, it allows Indian businesses, like exporters and freelancers, to create multi-currency accounts to manage international payments.

If you are in the market evaluating tools like Infinity Payment, this blog post is for you.&nbsp; In this comprehensive analysis, we explain the core features of Infinity and its fee structure to help you decide if it's the right fit for your business. We also cover a more seamless and affordable alternative, so we suggest reading this blog till the end.

Here are the four most essential points you must know about Infinity Payment before you decide to sign up for a demo:

Global Account: When you create an account with Infinity Payment, this single account allows you to receive payments in different currencies.&nbsp; Your clients can pay you in <a href="https://www.infinityapp.in/reach-out-to-us">30+ currencies</a>, and you don’t have to worry about currency conversion

Free Digital FIRA: With every withdrawal, you get a <a href="https://www.skydo.com/blog/automated-firc-simplifying-international-payments-compliance">FIRA</a>. This helps you stay compliant and reduce administrative workload

Live Forex Rate, No Markup: An international payment is converted to domestic currency based on the prevailing exchange rate. Moreover, there is no markup or hidden fees, which ensures you get the best value for the payment

Personalized Treasury Management: Infinity Payment offers curated portfolios of government securities, mutual funds, and fixed deposits to help you earn from the idle cash in your account. This is an interesting offer if you have been exploring investment opportunities to grow interest income from international payments

Infinity Payment Fees: How Much Do You Pay?

Let’s understand the most important section of the blog: How much do you pay as fees for receiving international payments? To make the calculations easier, we assumed that you have received a payment of USD 10,000 from a foreign client.

Transaction fee: Infinity Payment charges a transaction fee of 0.5% of the amount. For receiving a payment of $10,000, the fee will be $50 (0.5% X $10,000)

Live forex rate: The amount you receive is converted to domestic currency based on the current exchange rate. Let’s assume the current rate is 85 INR to 1 USD for the next step. 

In summary, you pay $50 (INR 4,350)&nbsp; as fees for receiving $10,000 (INR 850,000) via Infinity payments

Skdyo: A Seamless Infinity Payment Alternative For Receiving International Payments

If you’re open to exploring options for international payment solutions beyond Infinity Payment, then Skydo is worth considering.&nbsp;

Skydo is affordable and offers transparent pricing, especially on significant transactions, catering to different client needs. In contrast to Infinity Payment’s percentage-based fees, Skydo follows a flat fee model as follows:

The difference in pricing structure makes a significant difference in your bottom line. The following table explains how:&nbsp;

Skydo also offers the prevailing exchange rate during currency conversion. If we consider the same exchange rate, then Skydo’s fee is Rs. 2,465, a difference of Rs. 1,885 compared to Infinity.&nbsp;

The gap is even more significant when you increase the amount. For example, when you receive a payment of $20,000, the Infinity transaction fee (0.5%) will be $100 (Rs. 8,500). With Skydo, the transaction fee (0.3%)&nbsp; will be $ 60 (Rs. 5,100). This time, the difference is Rs. 3,400.

In addition to providing global accounts in countries like UK, USA, Australia, and Canada, the following features make Skydo a great choice for Indian businesses:

Skydo also integrates with Amazon Global Selling and major freelance marketplaces that further help you streamline international payments in a single platform.

Does Skydo sound like the ideal international payment solution for your business?&nbsp;