BRISKPE charges less than 1% transaction fee (including 18% GST) on the total amount transacted via A2A or virtual account payments. Plus, your first transaction on the BRISKPE platform is free, with 100% cashback on the transaction fee.

Also, please note that we’ve updated our fees and settlement timelines from Dec 1st, 2024:

New Fees:

• Min: ₹400 (incl. GST)
• Max: 1% (unchanged)

Settlement Time:

• • Below $200: T+3 days
  • Above $200: T+1 day (unchanged)

However, the pricing for payment links may vary depending on the provider:

• PayU: 2.75% of the transaction value + 18% GST.
• PayPal: 4.4% of the transaction value + 18% GST + Forex charges + 30 cents per transaction.

Yes, there are limits on transaction values. Exporters of goods and services can transact up to USD 28,000 per unit (or its equivalent in other currencies) in accordance with the RBI’s Payment Aggregator and Cross-Border (PA-CB) guidelines.

BRISKPE provides an account-to-account (A2A) payment solution with no SWIFT charges. If you choose to pay via SWIFT, the foreign client (sender or payer) will cover the charges.

Uploading invoices on our platform is completely free. Invoices are essential for meeting global regulations and ensuring your trade transactions are transparent and compliant. Plus, they’re required for generating your e-FIRA (e-Foreign Inward Remittance Advice) document.

For more information on invoices, read here (blog link).

Cashback will be processed before the second Monday of the following month.