The timeline for receiving payments depends on the transfer method you choose. If you receive payments directly into your BRISKPE virtual account, the amount is credited instantly. However, the settlement into your Indian bank account typically takes T+1 day (transaction day + 1 working day) to reflect.

For payments made via PayU or PayPal payment links, the process takes a bit longer. It generally takes around T+2 days for the payment to reflect in your account, or as per the agreement outlined in your Merchant Service Agreement (MSA). Keep in mind that weekends and bank holidays may also affect processing times.

So, while payments are fast, the actual time for funds to be fully settled in your Indian bank account can vary based on the payment method used.

When using our web portal, you will receive email notifications both when the amount is credited to your virtual account and once it’s settled into your Indian bank account via A2A payment. You can also stay updated by checking the ‘Notification Center’ on the portal for all transaction-related alerts.

If you’re using the BRISKPE mobile app, notifications are even more comprehensive. You’ll receive updates through email, push notifications, and in-app alerts when your funds are credited and settled.

However, for payments received via payment links, you’ll only receive notifications once the payment is credited into your virtual account. You will receive settlement updates directly from the payment providers, such as PayPal or PayU.

BRISKPE provides instant e-FIRA (Foreign Inward Remittance Advice), which exporters can download once the transaction is settled. The e-FIRA issued by BRISKPE is fully compliant with regulatory requirements and is accepted by banks for GST filings.

BRISKPE accepts the following purpose codes-

You’ll soon be able to enjoy this feature. To be the first one to experience this, join our beta list and get early access.

Yes, BRISKPE’s virtual account is best suited for exporters with transaction values up to USD 25,000 per unit (or equivalent currency), in line with the RBI’s Regulation of Payment Aggregator – Cross Border (PA – Cross Border). We strictly comply with global sanctions and support only genuine trade transactions.

Currently, BRISKPE allows you to receive funds in six major currencies: USD, CAD, AUD, Singapore Dollar, GBP, and Euro. These currencies enable transactions from a wide range of countries, making it easier to do business globally.

The time it takes to credit INR after invoice clearance depends on the payment method. Payments are received instantly into your BRISKPE virtual account, but settling into your Indian bank account usually takes T+1 day (transaction day + 1 working day).

Whereas payments via PayU or PayPal payment links can take T+2 days, or the time specified in your Merchant Service Agreement (MSA) to reflect in your Indian bank account.