Briskpe: Reviews, Fees, and Alternative
You've finally landed that international client, but now comes the payment headache. When a client pays you, say, $5,000 from abroad, you often wrestle with high fees, poor exchange rates, and complicated paperwork, making your well-earned money a frustrating experience.
Briskpe, based in Mumbai, offers payment solutions for international transactions. Their service aims to simplify cross-border payments for freelancers and small businesses who regularly work with overseas clients.
Let's look at what Briskpe offers, how it works, and whether it might be the right payment solution for your business needs, or if there is a better alternative:
Briskpe Features: A Quick Rundown
Here's what Briskpe offers to simplify your cross border payment struggles:
- Virtual International Accounts: Briskpe offers virtual international accounts in key geographies, helping you accept payments in over 35 currencies. These work like local bank accounts in multiple countries, so clients can pay using their familiar payment methods. Clients in the UK can pay via Faster Payments while you receive funds in your preferred currency.
- Payment Links: Briskpe allows users to create payment links that they can share with their clients to facilitate quick payments.
- Free Digital FIRA: Briskpe offers free digital FIRA for every transaction, thereby easing compliance hassles.
- Live Forex Rate: Briskpe converts your payments at live forex rate without applying any forex markup.
Briskpe Fees: How Much Do You Pay?
Here's what Briskpe charges you for receiving international payments:
Transaction Fee stands at 1% for all international payments you receive. If your UK client sends you USD 5,000, Briskpe will charge you $50 as their processing fee. The percentage remains consistent regardless of the payment amount or the currency involved.
Live Forex Rate is applied when converting between currencies. Briskpe provides real-time exchange rates without the hidden charges and markups.
When comparing these costs to traditional banking options, Briskpe's 1% fee is generally lower than the 3-5% many freelancers pay through combinations of wire transfer fees, currency conversion costs, and intermediary bank charges. However, is it the most affordable option out there for receiving international payments? We'll find out.
Briskpe Reviews: The Good, Bad, and Ugly
What's it like to use Briskpe for your international payments? Real user experiences give us a clearer picture of what to expect and valuable insights on how to use a tool.
The Good: Many users have positive experiences with Briskpe's services. Ricky Garg mentions that the service is "incredibly fast, with speedy credit transfers that make the entire process seamless." Another user, Triface International, praises the platform for being "fast, easy, less charges" and explicitly mentions how helpful Bhaumik Vyas was during the onboarding process. Shri Mundada, a Local Guide, notes that "the onboarding experience was very smooth and easy" and appreciates how Briskpe makes "getting Forex Inward Remittance so easy and profitable."
The Bad: However, not all reviews are glowing. Several users report significant issues with the service. Bhakti Doshi describes Briskpe as a "pathetic and unprofessional company" and warns others to "beware before doing any sort of business with them." Another reviewer, Ashwini, claims the company is "unreliable" and issues "refunds without providing any valid reasons,".
Skdyo: A Seamless Briskpe Alternative for Receiving International Payments
If you're looking beyond Briskpe for international payment solutions offering a variety of payment options, Skydo offers another option worth considering.
Skydo provides a more affordable fee structure that could save money, especially on more significant transactions, to meet your diverse client needs. Unlike Briskpe's percentage-based model, Skydo uses a simple flat fee approach:
- $19 for payments up to $2,000
- $29 for payments between $2,001-$10,000
- Just 0.3% for payments above $10,000
This pricing structure makes a real difference to your bottom line. Let's look at two examples:
For a $5,000 payment, Briskpe would charge you $50 (1% fee). With Skydo, you'd pay just $29, saving you $21 on that transaction.
The savings become even more significant with larger amounts. For a $20,000 payment, Briskpe would take $200 from your earnings. Skydo's 0.3% fee would amount to only $60, saving you $140 on just one payment.
Like Briskpe, Skydo offers zero FX margin, meaning you get the actual market exchange rate when converting currencies. According to their calculator, this transparent approach could save you up to ₹89,052 annually compared to traditional banks.
What sets Skydo apart is its focus on customer support and user experience. They provide global accounts in the US, UK, Canada, Australia, and 10+ other countries, which you can set up in just 5 minutes. Their unified platform includes instant FIRA documentation and real-time payment tracking, helping you keep tabs on your money as it moves.
Skydo also integrates additional features that make managing international income easier, including GST-compliant invoicing, payment reminders, client ledger tracking, and business analytics tools—creating a more comprehensive solution for freelancers, medium enterprises, and small businesses.
For Amazon marketplace sellers, Skydo offers specialized services for Amazon Global Selling across multiple marketplaces with tailored pricing.
Want to explore Skydo for your international payments?
What does Briskpe do?
Briskpe is a Mumbai-based fintech platform that helps freelancers and small businesses receive international trade payments through virtual accounts in multiple currencies with 1% transaction fees against their invoices.
Is Skydo RBI authorised?
