Karbon Business (Karbon FX) vs Skydo (2026): Which Is Better for Receiving International Payments in India?
- Author:
- Manoj Sharma
- Verified by:
- Editorial team
- Published:
- Last modified:
Short answer
The better choice depends on how your clients pay and which documents you need. Karbon Business (Karbon FX) does not publish full pricing; Skydo does. Karbon Business (Karbon FX) is best for Indian exporters and service businesses that want local USD account details and INR credits with FIRA. The table compares both by use case using published information.
| Use case | Better option | Why |
|---|---|---|
| Invoices around $2,000 | Not comparable | Karbon Business (Karbon FX) does not publish full pricing; Skydo does. |
| Invoices around $5,000 | Not comparable | Karbon Business (Karbon FX) does not publish full pricing; Skydo does. |
| Invoices around $10,000 | Not comparable | Karbon Business (Karbon FX) does not publish full pricing; Skydo does. |
| Need: Indian exporters and service businesses that want local USD account details and INR credits with FIRA | Karbon Business (Karbon FX) | Karbon Business (Karbon FX) is built for this. |
| Need: Indian freelancers and exporters receiving mid to large B2B invoices by bank transfer | Skydo | Skydo is built for this. |
CurrencyUSD
At the mid-market rate
₹4,73,937
Highest payout: Skydo
₹4,70,693
- 1.Skydo₹4,70,693cost 0.68%
1 USD = 94.79 INR, ECB reference rate for 4 Nov 2026. Payout = amount minus fees, converted at the reference rate minus each platform's markup, minus 18% GST on fees where charged. Platforms without published pricing are left out.
How do Karbon Business (Karbon FX) and Skydo compare at a glance?
| Attribute | Karbon Business (Karbon FX) | Skydo |
|---|---|---|
| Best for | Exporters and service businesses wanting USD account details and FIRA | Indian freelancers and exporters receiving mid to large B2B invoices |
| Fees | 1% + 18% GST on fee, indicative; varies by country, method | $19 up to $2,000, $29 to $10,000, 0.3% above + GST |
| FX markup | Conflicting: claims 0% markup or lists 0.5%-1.0% | States zero FX margin at live rate |
| Settlement | Conflicting: same day before 3 PM IST, 4-8h or 24-48h | States under 24 hours; FAQ timelines vary by rail |
| FIRA | States e-FIRA per transaction, 1-2 business days; cost unstated | States instant, free FIRA per payment |
| Currencies | States all major currencies except RBI-restricted, including USD, EUR, GBP | Local USD, GBP, EUR, CAD, AUD, SGD, AED; 32 via SWIFT |
| RBI status | Not confirmed; states it works only with PACB-licensed players | RBI authorised PA-CB Inward and Outward; on RBI list |
| Indian individuals | Freelancers per site; unregistered individuals not confirmed | Yes, freelancers and sole proprietors with PAN |
| Indian businesses | Yes, proprietors, partnerships, LLPs and companies | Yes, companies, partnerships and HUFs |
| Limits | Per-transaction and annual limits are set at account setup based on KYC, bank partner policy and RBI rules, and can be raised on request. No figures are published | Minimum USD 50 per payment; Skydo states there is no upper limit. Payments above USD 100,000 a month are priced on request. |
How much INR do you receive on $2,000, $5,000 and $10,000 with Karbon Business (Karbon FX) vs Skydo?
Each row applies the platform's published fee, FX markup and GST on the fee to the XE mid-market rate for 4 Nov 2026.
| Platform and invoice | Fee | FX markup | GST | INR received | Cost | Best for |
|---|---|---|---|---|---|---|
| Karbon Business (Karbon FX), $2,000 | – | – | – | Not published | – | Exporters and service businesses wanting USD account details and FIRA |
| Karbon Business (Karbon FX), $5,000 | – | – | – | Not published | – | Exporters and service businesses wanting USD account details and FIRA |
| Karbon Business (Karbon FX), $10,000 | – | – | – | Not published | – | Exporters and service businesses wanting USD account details and FIRA |
| Skydo, $2,000 | ₹1,801 | ₹0 | ₹324 | ₹1,87,450 | 1.12% | Indian freelancers and exporters receiving mid to large B2B invoices |
| Skydo, $5,000 | ₹2,749 | ₹0 | ₹495 | ₹4,70,693 | 0.68% | Indian freelancers and exporters receiving mid to large B2B invoices |
| Skydo, $10,000 | ₹2,749 | ₹0 | ₹495 | ₹9,44,630 | 0.34% | Indian freelancers and exporters receiving mid to large B2B invoices |
What is Karbon Business (Karbon FX) and who is it for?
Karbon Business is a Bengaluru fintech whose Karbon FX product lets Indian businesses and freelancers collect payments from overseas clients. The Karbon Forex terms name Interropac Private Limited as the operator of the platform at karbonfx.com. They also say inward collections are processed under a third-party partner's connected-user terms. Users get account details for receiving foreign payments, and the funds are converted and paid out in INR to their Indian bank account with an e-FIRA.
- Regulated by: Not confirmed. States it works 'only with PACB-licensed players and regulated banks'. No RBI listing for Karbon or its operating company was checked or found
- Used by: Yes. Sole proprietors, partnerships, LLPs and companies, with documents based on business type
- Best for: Indian exporters and service businesses that want local USD account details and INR credits with FIRA
What is Skydo and who is it for?
Skydo is a Bengaluru-based cross-border collection platform run by Skydo Technologies Private Limited, founded in 2022. It gives Indian exporters and freelancers local account details in the US, UK, Europe, Canada, Australia, Singapore and the UAE, plus an International SWIFT account, so foreign clients can pay by bank transfer. Skydo converts the funds and settles INR to the user's Indian bank account, issuing a FIRA for each payment.
- Regulated by: RBI authorised Payment Aggregator: PA-O 'Skydo' (08.01.2026) and PA-CB Inward and Outward (RBI Certificates of Authorisation list dated 30 September 2026)
- Used by: Yes. Private limited companies, partnerships and HUFs sign up with the business PAN; partnerships also provide the partnership deed.
- Best for: Indian freelancers and exporters receiving mid to large B2B invoices by bank transfer
How do Karbon Business (Karbon FX) and Skydo fees and FX markup compare?
What does Karbon Business (Karbon FX) charge?
| Fee type | Amount | When it applies | Best for |
|---|---|---|---|
| Receiving: US account details (Fedwire) | Not confirmed (homepage calculator shows 1% + 18% GST on the fee, indicative; FAQ says fees vary by sending country, currency and method) | Typically credited within 0 to 1 business days | Exporters and service businesses wanting USD account details and FIRA |
| Receiving: US account details (ACH) | Not confirmed (homepage calculator shows 1% + 18% GST on the fee, indicative; FAQ says fees vary by sending country, currency and method) | Usually credited within 2 to 3 business days | Exporters and service businesses wanting USD account details and FIRA |
| Receiving: SWIFT international wire | Not confirmed (homepage calculator shows 1% + 18% GST on the fee, indicative; FAQ says fees vary by sending country, currency and method) | Generally 1 to 3 business days; intermediary bank charges may be deducted | Exporters and service businesses wanting USD account details and FIRA |
| Receiving: SEPA (EUR) | Not confirmed (homepage calculator shows 1% + 18% GST on the fee, indicative; FAQ says fees vary by sending country, currency and method) | Typically credited within 0 to 1 business days | Exporters and service businesses wanting USD account details and FIRA |
| Receiving: Payment link or invoice | Not confirmed | Created from the Karbon FX dashboard | Exporters and service businesses wanting USD account details and FIRA |
| Currency conversion to INR | Conflicting: freelancer and exporter pages and two Karbon blog posts claim 0% markup at mid-market rates; the Stripe, Payoneer, PayPal and Razorpay comparison pages list a 0.5%-1.0% forex markup; the calculator uses a third-party live rate with an 85.60 INR fallback | When foreign currency is converted | Exporters and service businesses wanting USD account details and FIRA |
| Payout to an Indian bank | Funds are converted and sent in INR to the user's registered Indian bank account, the same working day if requested before 3:00 PM IST. Karbon's homepage calculator shows an indicative 1% fee plus 18% GST on that fee; its FAQ says fees vary by sending country, currency and payment method, and intermediary bank charges may also be deducted | When INR is sent to your account | Exporters and service businesses wanting USD account details and FIRA |
| Intermediary bank charges | May be deducted by correspondent banks; outside Karbon's control | – | Exporters and service businesses wanting USD account details and FIRA |
| GST | 18% on Karbon's fee, per the homepage calculator | – | Exporters and service businesses wanting USD account details and FIRA |
| Account opening or annual fee | Conflicting. Karbon's PayPal vs Karbon case study says there are no setup, monthly or closure fees; the Karbon Forex terms mention fees collected during onboarding and refer to fees set on the platform or in a customer agreement, without amounts | – | Exporters and service businesses wanting USD account details and FIRA |
| GST on fees | The homepage calculator applies GST at 18% on Karbon's 1% fee, not on the full payment. The help centre says taxes apply as per government rules and that GST-compliant invoices for Karbon's charges are available on request. Karbon's blog posts also state that GST at 18% applies only to Karbon's 1% fee, not to the invoice amount (PayPal vs Karbon case study). | Applies to the platform's fee | Exporters and service businesses wanting USD account details and FIRA |
What does Skydo charge?
| Fee type | Amount | When it applies | Best for |
|---|---|---|---|
| Receiving: Local bank transfer to Skydo local account details (US, UK, Europe, Canada, Australia, Singapore, UAE) | $19 up to $2,000, $29 from $2,001 to $10,000, 0.3% above $10,000, plus GST | Skydo states SWIFT charges are not applicable for local transfers | Indian freelancers and exporters receiving mid to large B2B invoices |
| Receiving: SWIFT transfer to the International SWIFT account (32 currencies) | Same slab fee plus GST | SWIFT charges are borne by the sender or deducted in-line as the sender chooses; Skydo adds no further SWIFT fee for transfer to India | Indian freelancers and exporters receiving mid to large B2B invoices |
| Receiving: InstaLinks payment link (US ACH Debit) | 2% per transaction, minimum $9 | Typically settles within 6 business days; chargebacks possible | Indian freelancers and exporters receiving mid to large B2B invoices |
| Receiving: Amazon Global Selling withdrawals to Skydo accounts | 0.5% (min $2) for monthly payments under USD 10,000; 0.3% above USD 10,000 | Separate Amazon seller pricing | Indian freelancers and exporters receiving mid to large B2B invoices |
| Currency conversion to INR | Zero FX margin; Skydo states it converts at the live rate with no markup (its India payments page describes this as the live mid-market rate) | When foreign currency is converted | Indian freelancers and exporters receiving mid to large B2B invoices |
| Payout to an Indian bank | Skydo converts the received funds at the live rate with zero FX margin and settles INR to the user's registered Indian bank account; the only charge stated is the Skydo slab fee plus GST, with no extra SWIFT fee for the transfer to India. | When INR is sent to your account | Indian freelancers and exporters receiving mid to large B2B invoices |
| InstaLinks (ACH Debit payment link) | 2% per transaction, minimum $9 | – | Indian freelancers and exporters receiving mid to large B2B invoices |
| Refund or chargeback | User bears the original amount, processing fees and any bank transfer fees to return funds | – | Indian freelancers and exporters receiving mid to large B2B invoices |
| FIRA | Free (as stated by Skydo) | – | Indian freelancers and exporters receiving mid to large B2B invoices |
| Account opening or annual fee | Not confirmed | – | Indian freelancers and exporters receiving mid to large B2B invoices |
| GST on fees | GST at 18% is charged on the Skydo transaction fee, as shown in the homepage calculator and the FAQ ('+ GST'). | Applies to the platform's fee | Indian freelancers and exporters receiving mid to large B2B invoices |
How do Karbon Business (Karbon FX) and Skydo compare on settlement speed?
- Karbon Business (Karbon FX): Help centre: typically the same working day by end of day if the INR transfer is submitted before the 3:00 PM IST forex cut-off, otherwise by end of day on the next working day. The homepage says 4-8 hours and the freelancer and exporter pages say 24-48 hours
- Skydo: Skydo's FAQ gives standard timelines by local account: to the Skydo virtual account in 1 to 3 business days for USD ACH, EUR SEPA, CAD EFT and AUD, 1 business day for USD Fedwire and GBP FPS, and 1 to 5 business days for SWIFT; then to the Indian bank account in 1 business day for USD, GBP, EUR and SGD, 1 to 2 for CAD, and 1 to 3 for AUD and SWIFT. The homepage states payments are received in less than 24 hours. InstaLinks ACH Debit payments typically settle within 6 business days.
| Platform | Settlement to India | Payout route | Best for |
|---|---|---|---|
| Karbon Business (Karbon FX) | Conflicting: same day before 3 PM IST, 4-8h or 24-48h | INR to Indian bank, same day if before 3:00 PM IST | Exporters and service businesses wanting USD account details and FIRA |
| Skydo | States under 24 hours; FAQ timelines vary by rail | INR to Indian bank at live rate; no extra SWIFT fee | Indian freelancers and exporters receiving mid to large B2B invoices |
Do Karbon Business (Karbon FX) and Skydo provide FIRA and e-BRC, and are they RBI PA-CB authorised?
| Platform | FIRA and e-BRC | RBI status | Checked | Best for |
|---|---|---|---|---|
| Karbon Business (Karbon FX) | States e-FIRA per transaction, 1-2 business days; cost unstated | Not confirmed; states it works only with PACB-licensed players | 30 Sept 2026 | Exporters and service businesses wanting USD account details and FIRA |
| Skydo | States instant, free FIRA per payment | RBI authorised PA-CB Inward and Outward; on RBI list | 30 Sept 2026 | Indian freelancers and exporters receiving mid to large B2B invoices |
Which currencies, countries and payment methods do Karbon Business (Karbon FX) and Skydo support?
| Platform | Currencies | Payment methods | Indian individuals | Indian businesses | Best for |
|---|---|---|---|---|---|
| Karbon Business (Karbon FX) | States all major currencies except RBI-restricted, including USD, EUR, GBP | US account details (Fedwire); US account details (ACH); SWIFT international wire; SEPA (EUR); Payment link or invoice | Freelancers per site; unregistered individuals not confirmed | Yes, proprietors, partnerships, LLPs and companies | Exporters and service businesses wanting USD account details and FIRA |
| Skydo | Local USD, GBP, EUR, CAD, AUD, SGD, AED; 32 via SWIFT | Local bank transfer to Skydo local account details (US, UK, Europe, Canada, Australia, Singapore, UAE); SWIFT transfer to the International SWIFT account (32 currencies); InstaLinks payment link (US ACH Debit); Amazon Global Selling withdrawals to Skydo accounts | Yes, freelancers and sole proprietors with PAN | Yes, companies, partnerships and HUFs | Indian freelancers and exporters receiving mid to large B2B invoices |
What are the strengths and limitations of Karbon Business (Karbon FX) and Skydo?
Karbon Business (Karbon FX)
- Settlement timing: Publishes a 3:00 PM IST forex cut-off, with INR typically credited the same working day before it
- Documentation: States it issues e-FIRA automatically and can map shipping bills for exporters
- Receiving rails: Lists Fedwire, ACH, SWIFT and SEPA credit times in its help centre
- Fee visibility: a calculator on the homepage shows a 1% fee and 18% GST on the fee for an entered USD amount, labelled indicative
- Pricing: the only public figures are an indicative calculator (1% + 18% GST on the fee) and a FAQ saying fees vary by country, currency and method
- Conflicting claims: Its pages state both 0% markup and a 0.5% to 1% forex markup, and settlement times of 4-8 hours, 24-48 hours and same day
- Regulation: Karbon relies on PA-CB licensed partners; its own RBI authorisation is not confirmed
- Limits: Per-transaction and annual limits are set during onboarding and are not published
Skydo
- FX: Zero FX margin on conversion to INR, as stated on the homepage and pricing section
- Predictable fees: Flat $19 or $29 per payment up to $10,000, so the effective rate falls as invoice size rises
- Compliance paperwork: FIRA issued instantly and stated to be free; Skydo says its FIRA and FIRC are accepted for GST filing and by banks
- Regulation: Listed by RBI as an authorised Payment Aggregator with PA-CB Inward and Outward authorisation
- Small payments: Minimum payment of USD 50, and a $19 flat fee is a high share of small invoices
- Card payments: Skydo's published pricing and FAQs list bank transfers and ACH Debit payment links only; no card payment option is listed
- InstaLinks cost: Payment links cost 2% per transaction with a $9 minimum and typically settle within 6 business days
- Chargebacks: For InstaLinks, the user is liable for chargeback amounts and fees, which Skydo may debit from the account
Should you choose Karbon Business (Karbon FX) or Skydo?
- Choose Karbon Business (Karbon FX) if: you need Indian exporters and service businesses that want local USD account details and INR credits with FIRA.
- Choose Skydo if: you need Indian freelancers and exporters receiving mid to large B2B invoices by bank transfer.
For example, an exporter billing $5,000 a month: Karbon Business (Karbon FX) does not publish full pricing; Skydo does.
Which other platforms should you consider besides Karbon Business (Karbon FX) and Skydo?
Other covered platforms ranked by the INR received on a $5,000 invoice.
| Platform | Fees | FX markup | FIRA | INR on $5,000 | Best for |
|---|---|---|---|---|---|
| Razorpay | 1% per bank transfer (Rs 1,000 flat below Rs 1,00,000) + GST | States 0% markup on MoneySaver at live rate | FIRS within 24 hours of settlement; no charge listed | ₹4,68,345 | Indian businesses and freelancers on Razorpay invoicing foreign clients |
| Kotak Mahindra Bank | No inward, FIRC, SWIFT fee on current accounts; GST on conversion | Card rate, markup not published; 1.71% below mid-market on 7 Oct 2026 | Nil FIRC on current accounts; savings Rs 100 or nil | ₹4,65,325 | Service exporters wanting a current account without inward remittance fees |
| HDFC Bank | No inward charge; physical FIRC INR 200 + taxes; GST on conversion | Card rate ~1.79% below mid-market on 6 Oct 2026; markup unpublished | Physical FIRC INR 200; emailed advice free for trade | ₹4,64,946 | Existing HDFC customers wanting free SWIFT receipts or EEFC accounts |
| Wise Business | Calculator: 1.6% + $2 per payment + 18% GST | Mid-market rate; cost is the 1.6% conversion fee | eFIRC per transfer, 2 USD + 18% GST | ₹4,64,938 | Freelancers and small exporters wanting multi-currency local accounts and eFIRC |
How did we verify this?
Fees, FIRA terms and RBI status were checked on each platform's own pages and RBI sources on 30 Sept 2026. INR figures use the XE mid-market rate for 4 Nov 2026. The formula is on the methodology page.
- Karbon Business homepage, Embeds forex calculator (iframe src v0-calculator-taupe.vercel.app); 'For higher volume transactions, please reach out to your assigned AM for customized rates'; PACB-licensed players note (checked 7 Oct 2026)
- Karbon For Freelancers, Virtual USD account; FIRA issued by licensed banking partner; 0% markup claim; 24-48 hours (checked 6 Oct 2026)
- Karbon For Exporters, USD, EUR, GBP; FIRA and shipping bill mapping; 0% markup claim; 24-48 hours; dedicated account manager (checked 6 Oct 2026)
- Karbon Business vs Payoneer (Karbon page), Forex Markup 0.5%-1.0%; Transaction fee: 1%, 0% Forex markup (checked 6 Oct 2026)
- Karbon Help Centre: Pricing & Fees, Settlement cut-off 3:00 PM IST; receiving rail timelines; currencies; KYC; limits; GST invoices (checked 6 Oct 2026)
- What are the charges for receiving an inward remittance?, Charges may include currency conversion fees based on live FX rates, transfer fees that vary by the sending country, currency, and payment method, applicable taxes, and intermediary bank charges (checked 7 Oct 2026)
- Do you provide a FIRA for every transaction?, e-FIRA within 1-2 business days (checked 6 Oct 2026)
- Karbon Forex Terms & Conditions, Operator Interropac Private Limited; User duly incorporated in India; clause 3 onboarding fees; clause 6 Fees; clause 7 Foreign Inward Remittance Services (checked 6 Oct 2026)
- Karbon forex calculator (embedded on karboncard.com), Karbon's Fee(1%); GST(18%); Live Forex Rate 1 USD = 85.60 INR; The displayed amount is indicative and subject to change based on the rate booking date (checked 7 Oct 2026)
- Karbon forex calculator script, Fee = 0.01 x INR amount; GST = 0.18 x fee; rate from api.exchangerate-api.com, default 85.6 if the fetch fails (checked 7 Oct 2026)
- Karbon Business vs Stripe (Karbon page), Forex Markup 0.5%-1.0%; feature panel: Transaction fee: 1%, 0% Forex markup (checked 7 Oct 2026)
- Karbon blog: Payoneer vs Wise vs Karbon, Karbon charges a flat 1% inward remittance fee and uses mid-market Xe.com rates with 0% FX markup. GST at 18% applies only to the 1% fee; e-FIRA within 24 hours; hold for up to 60 days (checked 7 Oct 2026)
- Karbon blog: Case study, PayPal vs Karbon, 1% platform fee, GST of 18% only on that fee, effective 1.18% all in; zero FX markup; no setup, monthly, or closure fees; hold USD, EUR, GBP, or CAD for up to 60 days (checked 7 Oct 2026)
- Karbon Business vs PayPal (Karbon page), Forex Markup 0.5%-1.0% (transparent, upfront); feature panel: Transaction fee: 1%, 0% Forex markup (checked 7 Oct 2026)
- Karbon Business vs Razorpay (Karbon page), transparent forex markups as low as 0.5%; Forex Markup 0.5%-1.0%; feature panel: Transaction fee: 1%, 0% Forex markup (checked 7 Oct 2026)
- Skydo homepage (pricing and fee calculator), Know what you pay; calculator showing GST 18% of transaction fee (checked 6 Oct 2026)
- Skydo FAQs: Fees & charges, How much does Skydo charge; Who will bear the SWIFT charges; Payment Links fees; Refund or chargeback fees (checked 6 Oct 2026)
- Skydo FAQs: Payment queries, When will I receive money (timeline table); FIRA vs FIRC; Limitations and Restrictions (checked 6 Oct 2026)
- Skydo FAQs: International accounts, Countries for local accounts; currencies via SWIFT account; unsupported countries (checked 6 Oct 2026)
- Skydo FAQs: InstaLinks, Fees, settlement timeline, chargebacks (checked 6 Oct 2026)
- Skydo: Receive International Payments in India, Skydo section: FIRA instant, automatic and free; settlement within 24 hours (checked 6 Oct 2026)
- Skydo for Amazon Global Sellers, Know what you pay (checked 6 Oct 2026)
- Skydo Terms of Use, About Skydo; Export transaction collection payments; KYC Process (checked 6 Oct 2026)
- Skydo About Us (checked 6 Oct 2026)
- Skydo blog: How to Sign Up on Skydo in 5 Minutes, What Do You Need Before You Sign Up on Skydo (checked 6 Oct 2026)
- RBI: Certificates of Authorisation issued under the Payment and Settlement Systems Act, 2007 (dated 30 September 2026), Section A, Payment Aggregators, serial 56, and footnote # (checked 6 Oct 2026)
FAQs about Karbon Business (Karbon FX) vs Skydo
Is Karbon Business (Karbon FX) or Skydo cheaper for receiving USD in India?
Karbon Business (Karbon FX) does not publish full pricing; Skydo does. At $2,000: Karbon Business (Karbon FX) does not publish full pricing; Skydo does. At $10,000: Karbon Business (Karbon FX) does not publish full pricing; Skydo does. Figures use each platform's published pricing and today's reference rate, so check both pricing pages before you decide.
Which is faster, Karbon Business (Karbon FX) or Skydo?
Karbon Business (Karbon FX) states: Help centre: typically the same working day by end of day if the INR transfer is submitted before the 3:00 PM IST forex cut-off, otherwise by end of day on the next working day. The homepage says 4-8 hours and the freelancer and exporter pages say 24-48 hours.
Do Karbon Business (Karbon FX) and Skydo both provide a FIRA?
Karbon Business (Karbon FX): States an e-FIRA is issued for every eligible inward transaction, by email and on the dashboard, typically 1 to 2 business days after funds are credited. Cost not stated. Skydo: FIRA issued instantly for each payment, emailed and downloadable from the dashboard; Skydo states it is free.
Are Karbon Business (Karbon FX) and Skydo authorised by RBI?
Karbon Business (Karbon FX): Not confirmed. States it works 'only with PACB-licensed players and regulated banks'. No RBI listing for Karbon or its operating company was checked or found. Skydo: RBI authorised Payment Aggregator: PA-O 'Skydo' (08.01.2026) and PA-CB Inward and Outward (RBI Certificates of Authorisation list dated 30 September 2026).
Can Indian freelancers use both Karbon Business (Karbon FX) and Skydo?
Karbon Business (Karbon FX), individuals: Freelancers can sign up, according to Karbon's freelancer page, and the KYC list asks for a GST certificate only if registered. The Karbon Forex terms describe the User as an entity duly incorporated under the laws of India, so eligibility for unregistered individuals is not confirmed Skydo, individuals: Yes.
Should I switch from Karbon Business (Karbon FX) to Skydo?
Switch only if Skydo pays more on your usual invoice size or fits how your clients pay. Keep the Karbon Business (Karbon FX) account open until every invoice sent with its details is paid, and download your FIRA or FIRC records first.