BRISKPE Secures RBI's In-Principle Authorisation to Operate as PA-CB for Exports and Imports
Mar 19, 2025
Mumbai (Maharashtra) [India], March 19: BRISKPE, a Prosus-backed cross-border payments platform, has reached a major milestone by securing the Reserve Bank of India's (RBI) in-principle Payment Aggregator - Cross Border (PA-CB) authorisation. The authorisation enables BRISKPE to operate as a dedicated PA-CB for both exports and, crucially, imports under the Payment and Settlement Systems Act, 2007. As one of the first platforms to solely focus exclusively on cross-border payments, BRISKPE aligns with the RBI's updated regulatory framework introduced in October 2023. This milestone paves the way for faster, safer, and more cost-effective global transactions for Indian businesses.
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