Mumbai: BRISKPE, a PayU-backed cross-border payment platform, has launched a revolutionizing solution to address the unique challenges faced by micro, small, and medium enterprises (MSMEs). This all-in-one platform integrates account-to-account (A2A) transfers, card collections via PayU and PayPal, and wallet-based solutions to streamline international transactions for exporters, service providers, marketplace sellers, and freelancers.
Addressing Key Barriers in Global Trade
BRISKPE’s innovative platform seeks to eliminate challenges faced by MSMEs in global trade by offering cost-efficient and seamless payment solutions. The platform charges a flat 1% fee (inclusive of GST) for A2A payments, credits funds within a day, and supports local collections in six major currencies—USD, GBP, EUR, CAD, AUD, and SGD. It also facilitates SWIFT transfers in over 30 currencies, offers real-time payment tracking, and streamlines onboarding with instant KYC approvals.
Empowering MSMEs Through Cost Efficiency and Security
Unlike traditional payment methods, BRISKPE reduces costs by avoiding expensive SWIFT transfers and hidden charges. Its secure gateways, powered by PayU and PayPal, ensure safe transactions using advanced fraud detection technologies. Businesses also benefit from an intuitive all-in-one dashboard that simplifies payment management. The platform is already enabling businesses like textile exporters, tech startups, and small traders to overcome payment barriers and expand globally.
APAC News Analysis
MSMEs, pivotal to India’s $2 trillion export target by 2030, often face challenges like high forex fees, delayed payments, and complex regulatory hurdles. BRISKPE’s initiative signifies a transformative shift in how Indian MSMEs approach global trade. By integrating flexibility, cost-effectiveness, and technological innovation, the platform directly tackles critical pain points that have historically hindered growth. Its ability to reduce operational barriers while maintaining stringent compliance demonstrates the potential of fintech solutions in leveling the playing field for Indian businesses in global markets. is expected to enable growth for MSMEs aligning with India’s broader economic ambitions.
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