Yes Bank partnered with BriskPe to enable seamless cross-border payment

Daily Current Affairs / Yes Bank partnered with BriskPe to enable seamless cross-border payment

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Category : Business and economics Published on: September 19 2023

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Cross-border payments’ fintech company BriskPe and Yes Bank have partnered to introduce BriskPe A2A, a suite of solutions designed to empower exporters and importers.
This strategic partnership enables BriskPe’s customers to collect payments in over 36 foreign currencies, spanning over more than 180 countries.
The funds can then be converted into Indian Rupees (INR) and settled directly into their local bank accounts in India within a single business day.
This collaboration represents a significant leap in the realm of cross-border payments, benefiting Micro, Small and Medium Enterprises (MSMEs) in the manufacturing and services sectors.