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BRISKPE launches Unified Platform for Cross-Border Payments

By Gloria Mathias

January 07, 2025

  • BriskPe
  • Cross Border Payments
  • Currencycloud
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BRISKPE,BriskPe, YES BANK, India, Mumbai Fintech, Cross Border Payments, India Fintech, Cross-border Payments, Remittances, Trade Payments, India, Currencycloud, India,Fintech news, India News, fintech India, Merchant payments, MSME Payments, MSME solutions, MSME news, Fintech Funding, Fintech India, Cross-border payments, PayU, seed funding, Fintech business, a cross-border payment platform backed by PayU, has introduced a solution designed specifically for micro, small, and medium enterprises (MSMEs).

This unified platform integrates account-to-account (A2A) transfers and card collections powered by PayU and PayPal, providing exporters, service providers, marketplace sellers, and freelancers with unparalleled convenience and efficiency in managing international transactions.

By combining A2A transfers with card- and wallet-based collections, BRISKPE offers MSMEs unparalleled flexibility to cater to diverse client preferences, broaden market reach, and accelerate growth. With this integration, businesses can tap into a global network of users and unlock new opportunities.

Sanjay Tripathy, Co-Founder and CEO of BRISKPE, shared, “Our goal is to empower MSMEs by breaking down the financial and operational barriers that have held them back for too long. By simplifying cross-border payments and offering a variety of payment options, including A2A, card-based, and wallet-based collections, we’re not just helping businesses save costs—we’re enabling them to address diverse client needs and focus on growth, innovation, and unlocking their full potential. We believe that with the right tools, Indian MSMEs can lead the charge in global trade, benefiting diverse communities and driving economic growth for all.”

MSMEs play a pivotal role in propelling India toward its ambitious $2 trillion export target by 2030. However, they often face significant barriers in international trade, with payment challenges being a key obstacle. BRISKPE’s platform is designed to eliminate these pain points, offering a streamlined solution that ensures businesses can focus on growth and innovation, not red tape.

At the heart of the platform is its ability to cut costs without cutting corners. Unlike traditional payment methods, which often involve expensive SWIFT transfers and hidden charges, BRISKPE offers a flat 1% fee on transactions (inclusive of GST) for their A2A payments. Funds are credited within one day (for A2A), enabling businesses to maintain healthy cash flow and seize opportunities without delay. The platform supports local collections in six major currencies—USD, GBP, EUR, CAD, AUD, and SGD, eliminating the need for multiple bank accounts or intermediaries.

For their card and wallet transactions, BRISKPE ensures secure payments through robust gateways like PayU and PayPal that employ advanced fraud detection technologies. The platform simplifies payment integration, saving time and reducing technical challenges.

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