CA Gyati Gupta
Quick Summary
It's the story of an evolving India-one where small businesses, freelancers, and exporters are making their mark in the global marketplace. But behind every success story is a challenge. For many Indian exporters, navigating the world of cross-border payments has been a daunting task. High fees, pay
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FAQ :
Indian exporters often encounter high fees, payment delays, and regulatory hurdles when dealing with international transactions.
Skydo is a cross-border payment company that has received in-principle approval from the RBI to operate as a Payment Aggregator-Cross Border (PA-CB), aiming to simplify international payments for Indian exporters.
Through its PSP approval and partnership with Amazon, Skydo can process payments for Indian exporters using Amazon's Global Selling program, making it easier to sell internationally.
EDPMS (Export Data Processing and Monitoring System) is an RBI platform for tracking export payments. Skydo offers tools to automate EDPMS compliance, reducing paperwork for exporters.
Skydo aims to provide a comprehensive financial ecosystem for exporters, including credit solutions, tax compliance tools, and treasury services.
Skydo provides foreign virtual accounts, allowing SMEs and freelancers to receive payments directly in foreign currencies, reducing costs and speeding up transactions.
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