India, Dec. 30 -- SMPL

Mumbai (Maharashtra) [India], December 30: BRISKPE, the Prosus-backed cross-border payments platform, today announced it has received the Reserve Bank of India's final authorisation to operate as a Payment Aggregator-Cross Border (PA-CB) under the Payment and Settlement Systems Act, 2007, enabling it to facilitate both inward and outward payment flows within the RBI's PA-CB regulatory framework.

With this approval, BRISKPE becomes one of India's youngest fintech specialising in cross-border payments to receive PA-CB authorisation within a short timeframe. The authorisation covers both inward and outward flows, reinforcing BRISKPE's position as a compliant, end-to-end cross-border payments infrastructure partner fo...