What is BRISKPE?
BRISKPE is a financial technology platform authorized by the Reserve Bank of India (RBI) for cross-border inward and outward payments. It provides Indian businesses, including MSMEs, freelancers, service providers, and Amazon sellers, with virtual accounts to collect payments in multiple foreign currencies like USD, GBP, EUR, and CAD. The platform converts these funds to INR and transfers them to local bank accounts, offering real-time forex rates with zero markup and faster settlements.
The service includes features such as payment links for card and PayPal transactions, white-label API solutions for integration, and automated compliance management for KYC, AML, and documentation. BRISKPE emphasizes transparent, flat-fee pricing, 24/7 customer support, and security certifications like ISO 27001 and SOC 2 Type II, making it a reliable solution for global trade without traditional banking hassles.
Features
- Virtual Accounts: Create global virtual accounts to receive payments in multiple foreign currencies like USD, GBP, EUR, and CAD.
- Transparent Pricing: Flat fee structure with no hidden charges, offering competitive rates compared to banks and card providers.
- Automated Compliance: Fully digital KYC, AML, and documentation management to ensure regulatory adherence without manual hassles.
- Payment Links: Generate secure links to accept payments via cards and PayPal Wallet for easy transaction processing.
- White-Label API: Integrate payment solutions under your own brand with customizable API and UI options for seamless embedding.
Use Cases
- Freelancers and service providers receiving payments from international clients for cross-border services.
- MSMEs and small businesses expanding globally by accepting payments from overseas customers without banking complexities.
- Amazon sellers managing marketplace transactions in multiple currencies with virtual accounts for streamlined operations.
- Exporters and textile/accessory businesses collecting payments from foreign buyers with competitive forex rates and faster settlements.
- Platforms and SaaS providers integrating cross-border payment solutions through white-label APIs to offer branded services.
FAQs
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What currencies can I receive payments in with BRISKPE?
BRISKPE supports major currencies including USD, EUR, GBP, CAD, SGD, AUD, AED, and many others for international transactions. -
How long does it take to receive funds in my Indian bank account?
Funds are typically transferred to your Indian bank account within 24 hours after conversion from foreign currencies. -
Is BRISKPE secure for handling financial transactions?
Yes, BRISKPE is secured with 2-factor authentication, ISO 27001 and SOC 2 Type II certifications, and complies with RBI and FEMA regulations. -
Can I use BRISKPE for both receiving and sending international payments?
BRISKPE is authorized for cross-border inward and outward payments, but the homepage primarily focuses on receiving payments; for sending, contact their support. -
What documents are required to set up an account with BRISKPE?
You need your PAN and Aadhaar cards for digital KYC verification during the account setup process.