Typical Use Cases of Briskpe

SMEs Requiring Multi-Mode Collections

SMEs involved in international business transactions often struggle to accommodate the varied payment requirements of overseas customers. To address this, Briskpay houses a single platform that facilitates account-to-account (A2A) payments, card A2A collections from PayU, and wallet-based A2A collections via PayPal.

SMEs can now address different client preferences, simplify payment practices, and widen their international presence, thanks to this flexibility.

Freelancers and Consultants

Freelancers and consulting professionals working with international clients demand fast and affordable payment options. Briskpe makes that happen by issuing virtual accounts in different currencies to enable fast and low-cost cross-border transactions. Funds are settled quickly, frequently within 24 hours, and improve independent professionals’ ability to manage their cash flow.

E-commerce and Retail

E-commerce merchants and retailers presence in international marketplaces or global platforms requires dependable payment processing of foreign tractions. With Briskpe's support for multiple payment types such as A2A transfers, card payments, and digital wallets, your customers will pay with ease. Businesses can manage the global sales process more effectively through this feature.

Payroll and Vendor Disbursements

Businesses with international operations often have to deal with payroll and vendor payments that span borders. Bulk Payout feature from Briskpe allows you to make payment to multiple payees at one go. This feature takes the hassle out of international payroll and payments for vendors with guaranteed fast, accurate transactions.

Limitations & Considerations of Briskpe

Turnaround Times for Different Channels

Briskpe's settlement times vary based on the payment method:

• Account-to-Account (A2A) Transfers: Funds are typically settled within T+1 day (transaction day plus one working day) into the user's Indian bank account.

• PayU or PayPal Payment Links: Settlements can take up to T+2 days or as specified in the Merchant Service Agreement (MSA).

These timelines are generally faster than traditional banking methods, which can take several days.

Geographic or Volume Restrictions

Briskpe offers local collections in six of the world's most-traded currencies: USD, GBP, EUR, CAD, AUD and SGD. This encompasses a wide variety of international deals, but companies that deal in other currencies could potentially be limited. Furthermore, the specifics involving volume restrictions or transaction caps are not publicly available; something that could negatively affect enterprises in need of high volume transactions.

Customer Support Channels and SLAs

Briskpe has Grievance Redressal Policy aligning as per RBI guidelines to resolve the users complaint within a reasonable period and efficiently.

Briskpe provides multiple channels for customer support:

• Email Support: Users can reach out via support@briskpe.com for assistance.

• Phone Support: Available from 8 AM to 8 PM Monday to Saturday at +91 7507-412-090.

• In-App Chat: 24/7 support is accessible through the Briskpe platform.

How Briskpe Compares to Alternatives: Briskpe vs. Wise vs. Infinity?

Feature Comparison

• Briskpe: Tailored for Indian SMEs and freelancers, Briskpe offers services like account-to-account (A2A) transfers, card-based collections via PayU, and wallet-based collections through PayPal. It supports local collections in six major currencies: USD, GBP, EUR, CAD, AUD, and SGD.

• Wise: Offers a multi-currency account where you can keep and organize money in more than 50 currencies, with no monthly fees. It provides local bank account numbers in major currencies for smooth international payments.

• Infinity: Designed for Indian businesses, Infinity offers multi-currency accounts supporting over 50 currencies. It provides features like real-time FX rates with zero markup, same-day settlements, and free digital FIRA certificates for compliance.

Fee and Settlement Time Benchmarks

• Briskpe: Charges a flat 1% fee on A2A transactions, including GST. Settlements are typically completed within T+1 working day after invoice clearance.

• Wise: Offers transparent fees averaging around 0.67%, with over 60% of transactions processed instantly (under 20 seconds).

• Infinity: Imposes a flat 0.5% transaction fee with zero FX markup. Funds are settled into the recipient's Indian bank account within one business day.

Integration and Compliance Capabilities

• Briskpe: Provides RESTful APIs for integration with existing business systems and supports bulk operations through CSV and Excel file uploads. It adheres to compliance standards, including AML and KYC regulations, and has obtained ISO 27001 and SOC 2 Type 2 certifications.

• Wise: Features like strong API integrations that work with all major accounting platforms such as QuickBooks, Xero, Sage. Its network uses AI and machine learning to automate compliance procedures, which help to make transactions swift and secure.

• Infinity: Ensures compliance with Indian regulations by providing free digital FIRA certificates with every withdrawal. It also offers real-time payment tracking and seamless integration with various platforms.

Conclusion

Briskpe is a robust payment platform designed for Indian SMEs, freelancers and digital-first companies. Its main features are that it supports multi-mode collections, multiple banks, bulk payout, GST-compliant invoicing, flexible payment link and competitive pricing on A2A transactions. The platform also provides seamless accounting integrations, secure API endpoints, and regulatory compliance with ISO and SOC certifications.

But turnarounds can differ by channel, and the service now primarily serves businesses operating in India or receiving funds in certain currencies. It works great for localised use however if you have global requirements you may need another server.

Briskpe is ideal for startups looking for low-cost, API-based payment workflows with local compliance.

Infinity: A Seamless Alternative for Briskpe for Receiving International Payments

BriskPe makes a strong case for itself in the world of international business payments. With clear, flat-rate pricing, instant compliance support, and a focus on user experience, it’s a great fit for Indian businesses that deal with overseas clients regularly.

Still, every business is unique. Whether you're looking for lower fees on large transfers, deeper financial tools, or broader currency support, it's smart to explore alternatives like Infinity to make a better choice.

Infinity offers a seamless international payment platform to Indian businesses, freelancers, exporters, and startups for receiving their international payments. Infinity offers a user-friendly dashboard for making international transactions seamless and 24/7 customer support for any queries to make the whole process hassle-free. Let's take an example to see how Infinity helps you save better:

For a payment of USD 1000, BriskPe charges 0.75% and a GST at the live FX rate. This would make it to ₹84,534.39.

While receiving the same amount with Infinity, you would just have to pay a 0.5% platform fee. Yes, that's it. So, a payment of USD 1000 and a 0.5% platform fee (inclusive of all) would make it to ₹84,754.25.

This means you are saving more, and this becomes significantly larger when receiving a larger amount.

Sign up with Infinity today and start saving more on your international payments.