skydo.com Avis 142

I’ve been using Skydo for the past few months, and it’s been a great experience. Payments come through smoothly without any hassle, and the conversion rates are really solid. I genuinely love how simple and straightforward the whole process is. If you’re working with international clients, I’d definitely recommend giving it a try—it’s a reliable option.

SCAM SCAM SCAM ALERTS

To,
The Ombudsman,
Reserve Bank of India

Dear Sir/Madam,

I am writing to formally lodge a complaint against Skydo Technologies Private Limited (RBI-authorised Payment Aggregator) for unjustified holding of my funds, misleading guidance, and lack of proper customer support.

My details are as follows:
Name: Guruvinder Singh
Registered Email:
Mobile Number: +91 9318486182

Details of the transaction under dispute:

Invoice No: GRV-INV-26-0003

Amount: USD 1260

Purpose Code: P1019 (Commission Agent Services)

SRN: SRN-221417

Issue Description:

I was actively encouraged by a Skydo executive to increase my transaction size and process higher-value payments through their platform.

Based on this guidance, I collected a payment of USD 1260 from my client in the USA.

After receiving the payment, Skydo suddenly placed the transaction under compliance review without any prior warning or clear justification.

I was informed that their compliance team would contact me within 1 business day, but no one has reached out till date.

Despite repeated attempts to contact Skydo support, I have not received any proper response or resolution.

I would also like to highlight a broader concern:

Professionals like us work day and night, often across time zones, to earn foreign income and bring valuable USD into India. This contributes directly to the country’s economic growth and foreign exchange inflow. However, such actions by regulated entities create unnecessary stress and discourage genuine contributors.

This situation has caused me significant financial hardship, as I am dependent on these funds for my EMIs, household expenses, and my child’s school fees.

Additionally, I would respectfully request RBI to review the handling of customer funds in this case. The prolonged holding of funds without clear communication raises concerns from a customer perspective. While I do not have evidence of any wrongdoing, I request that an appropriate audit or verification be conducted to ensure that all regulatory guidelines are being followed and customer funds are handled transparently and responsibly. This is submitted purely as a concerned citizen of India.

Further concerns:

No compliance issues were raised during my earlier smaller transactions.

No risks were disclosed when their executive persuaded me to increase transaction value.

There is a lack of transparency and accountability in grievance handling.

I request the RBI to:

Investigate this matter urgently

Direct Skydo to release my funds immediately if no valid issue exists

Review and ensure compliance practices are fair and transparent

Take appropriate action if any regulatory gaps are identified

I request your urgent intervention in this matter.

Thanking you,

Yours sincerely,
Guruvinder Singh
Mobile: +91 9318486182

My onboarding experience with Skydo was quick and easy, as long as you have the required basic documents and information ready. What stood out to me immediately was how guided and smooth the whole process felt.

One of the best parts of Skydo is the human support. You actually get a dedicated account manager / relationship manager who stays with you through the process. In my case, my account manager was Arpit Rajput, and he was genuinely excellent. He was very helpful, patient, responsive, and always available whenever we needed support. He handled issues calmly, sorted out problems efficiently, and guided us through every step without making anything feel complicated.

What I really appreciate about Skydo is that it makes the whole world feel open for business. As an entrepreneur from India, that means a lot. It gives you the confidence that you can acquire clients globally and receive international payments in a structured and dependable way, almost as smoothly as receiving a normal bank payment in India.

Another big advantage is that Skydo feels built for businesses that want to grow. There is no restrictive amount ceiling that makes you feel limited as you scale internationally. There is also an instant settlement option, which is extremely useful when cash flow matters and you want faster access to your funds. On top of that, built-in overseas payment compliance support like FIRA makes the experience much more practical and business-friendly. The transaction fees are also very low, which makes a real difference when you are receiving payments regularly.

Compared to platforms like PayPal and Wise, Skydo feels much more reassuring because there is real support if something goes wrong. With other platforms, businesses often struggle with delayed responses, payment holds, unexplained limitations, or no dedicated person to help. With Skydo, it feels like someone is there with you at every stage.

As a woman tech entrepreneur from Bangalore, India, this experience feels empowering. It genuinely feels like one more barrier has been removed. The glass ceiling feels a little more broken when you know your business can confidently work with clients across the world and accept payments without constant friction or uncertainty.

Skydo has solved a major international payments problem for me. Unlike some other platforms where payments may get limited, delayed, or withheld without clear reasons, Skydo has made the process feel stable, transparent, compliant, and founder-friendly. I would strongly recommend it to Indian founders, freelancers, consultants, and service businesses looking for a more reliable way to receive international payments.

Overall, Skydo has given me confidence that I can do business globally without worrying so much about payment issues. That peace of mind is a big deal.

Seamless payment experience. They have helped in crediting my account with the remittance within 12 hrs.
Thanks to Skydo Team for their followup and helping me uploading the right invoice which meets their compoiance standards and seamlessly processing payment to my bank account. Highly recommend Skydo for Cross Border payments.

Just got done with the first settlement with skydo, I am gonna say their team killed it beyond expectation specially Mahima so mentioining name coz she deserves it (Just like you i looked at negative reviews and cofronted them but got the real reason behind) If you're a genuine freelancer or a real usecase the Skydo won't be locking your account they need to report and be compliant. They've got the RBI license and that's for a reason which has to be preserved. Must say loved skydo

Amazing experience! Best in support

I have been using Skydo for a couple of years now. Skydo has helped process and settle cross-border payments fast. They have a transparent pricing structure, so there are no surprises when transactions go through. The UI is clean and easy to navigate as well. Happy with their services, and would recommend them to anyone looking for cross-border payment solutions.

Pradeep was super helpful during the onboarding, my settlements were done sooner than I had expected.

I get my money through Deel and their currency conversion rates just the worst in the market. Skydo came through as a savior and helped me save over 250 USD that I would have lost in fees and currency conversion. It took only 30 mins to do the setup and kudos to Kashyap from their team who guided me through the entire process and answered all my questions! Highly recommended service if you receive overseas payments in India!

Experience was great, Sales representative Isha helped me with my payments from client. over-all good experience

We used this over other platforms

They are good and instant

So I am using Skydo as payment platform for past 2 years and i am a freelancer and its the best platform if i can say about for customer point of view, the support team is soo easy, fast and helpful that they can help you even at night and get your payments into your indian account in lowest fees. I have worked with Chittu who is really great and solving problem that we faces.

Love skydo's support with all my payments! Totally in love with the platform which delivers on time as mentioned at the best FX rates too!
Thank you Skydo! :)

The whole process to sign up with Skydo and get the first international payment credited to the account literally took only 2 days.

We were expecting an international intermittence and shared our Axis bank current account details for SWIFT transfer. But only after the swift remittence came to the bank, we realised that we were supposed to inform the bank upfront and do a *physical* KYC, along with a bunch of forms which have to physically sign with seal. It was not possible for us to be physically present and that's when we started exploring options and found out about Skydo.

I signed up digitally and the platform pulled up all the relevant information from MCA portal using the company PAN and CIN. Then we were assigned an account manager and the video KYC and compliance process went very smooth and fast. The whole thing took less than 30 minutes. It felt very modern and magical compared to what we had to go through with Axis Bank.

We got a new virtual account which we shared with our client and got remitted the next day. The dashboard is intuitive and easy to use. Would very highly recomment Skydo for international remittences.

One of the best experiences of international payment transfers , i was easily able to do B2B account transfer from US ,

After completing KYC, submitting all documents, and even receiving international payments, my account was abruptly closed. The explanation given — that my “business does not require international payment services” — makes no logical sense.

Repeated requests for clarification were met with vague responses about “risk appetite” and “compliance,” without any concrete reasoning. If a business is considered outside policy, that should be determined before onboarding and processing payments — not after.

For freelancers who depend on stable international payment solutions, this lack of transparency and sudden account closure is highly disruptive and unprofessional.

Proceed with caution.

First of all I was very skeptical as I was seeing the negative reviews about Skydo on google, but when I personally used it and experienced their service then I understood that this is a genuine company and that the people in the negative reviews may have some issue with their KYC or maybe something the MuleHunter.AI detected suspicious in those accounts and they were disappointed and blaming skydo for this. However, if you are a genuine person with genuine KYC and genuine credentials, since Skydo is RBI Approved and has Payment Aggregator–Cross Border (PA-CB) from RBI, you first Google yourself what this means, then you will stop blaming Skydo. Overall it is saving us money which the banks will eat. Right now my review is a 5 star for them, in the future if any hiccups or issues, I will update my experience in this same review otherwise it will stay the same. One thing more, the skydo back-office Team and well educated and understand the needs of the customers very well. Here many banks have failed in my personal experience but skydo has won big time.

I had a great experience with Skydo. This was the first time I was dealing with international payments and Skydo representative (Kashyap) helped a lot with queries I had and made the process much more easier.

Absolutely love the services they provide! They have an amazing team ready to walk their client through all sorts of problems.
I’m glad I chose Skydo to receive my pay from a Florida based private company!

The money gets settled quickly and you have the option to do it instantly (of course with an extra charge which is quite reasonable) AND the customer service does not disappoint.

I LOVE their flat fee and competitive conversion rates.