Why most exporters still prefer India focused platforms built for inward remittance compliance.

Documentation is one of the biggest friction points when Indian freelancers, agencies and businesses try to onboard with global payment platforms. PayPal, Wise and Stripe are well known internationally, but their verification processes are designed around global compliance rules rather than India specific inward remittance requirements. This often results in longer onboarding, repeated document requests, and payout delays whenever information does not align perfectly.

For many Indian exporters, the challenge is not only passing verification but ensuring that the platform can support FEMA rules, purpose code classification and inward remittance documentation that Indian banks and GST officers expect. Understanding what each platform requires helps businesses prepare, but it also clarifies why export focused solutions like BRISKPE often become the preferred option.

Why Document Verification Matters for Global Platforms

International payment platforms must screen users according to global risk standards and anti money laundering (AML) rules. Their checks focus on identity verification, tax information, ownership structure and the legitimacy of the business.

For Indian exporters, this creates two layers of scrutiny:

1. Global KYC and AML checks
2. Indian inward remittance and FEMA compliance

Because global platforms optimise for the first layer and not the second, onboarding often feels disjointed or repetitive. Exporters must therefore be ready with a wider set of documents than they expect.

Documentation Requirements for Global Platforms

Platform	Core Requirements & Verification Focus	India Specific Challenges
PayPal	Government ID (Passport/Driving Licence), Address Proof (Bank/Utility), PAN details, Bank Account verification, Business Registration (if applicable).	Requirements are rigid and built primarily for global marketplaces; can feel excessive for export payments and often leads to additional verification cycles.
Wise	PAN/Aadhaar, Passport/ID, Proof of Address (Individual & Business), Bank Ownership Validation, Business Registration, Beneficial Ownership documents (Directors/Partners), Detailed Business Activity Description.	Relies on video KYC and detailed ownership checks; global KYC tools may not always recognise Indian formats or naming conventions, leading to resubmissions.
Stripe	PAN, Government ID for Authorized Person, Address Proof, Certificate of Incorporation/LLP registration, Partnership Deed, Bank Account Proof (Cancelled Cheque/Statement), Business Website/App.	Heavy documentation burden structured for global card network rules and India’s strict payment aggregator rules; better suited for card payment systems than simple remittance flows.

Why Exporters Often Struggle with Global Platforms

Most Indian exporters face the same friction points that arise because PayPal, Wise and Stripe do not optimize their onboarding for Indian inward remittance requirements. They operate global systems, while exporters need India specific compliance.

Common issues include:

• Mismatch between name on PAN and bank account.
• Incomplete address documentation.
• Lack of business registration documents for freelancers.
• Requests for website details when the business operates through contracts or referrals.
• Repeated KYC cycles triggered by even minor variations in identity details.
• Missing purpose code support and incomplete inward remittance documentation.

What Indian Exporters Actually Need from a Payment Platform

Exporters care about three main things:

1. A clean inward remittance record that banks and GST officers understand.
2. Correct purpose code mapping for every payment.
3. Predictable settlement into INR with clear documentation.

Global platforms are not built with these needs at their core. As a result, even after clearing KYC, exporters receive incomplete documentation that complicates GST refunds, income tax reporting or export claims.

Platforms built specifically for India’s export workflows avoid these pitfalls by aligning onboarding requirements directly with Indian regulations.

How BRISKPE Simplifies Documentation for Exporters

Instead of global KYC that does not reflect Indian realities, BRISKPE structures its documentation directly around FEMA and RBI requirements. Exporters provide fewer documents because the system does not require foreign regulatory inputs.

BRISKPE onboarding focuses on:

• Identity verification aligned with Indian standards.
• Simple business activity declaration.
• Bank account matching for clean settlements.
• Purpose code classification from the first transaction.
• Inward remittance documentation automatically generated for each payout.

This avoids repeated compliance checks and ensures that every incoming payment matches what Indian authorities expect. Exporters also gain predictable INR settlement and clear conversion records without dealing with the complexity of international card networks.

Final Thoughts

PayPal, Wise and Stripe follow global documentation frameworks that are not tailored to Indian exporters. Their onboarding requires multiple layers of identity proof, business registration records, address verification, ownership details and operational proof.

While these platforms work well for their global audiences, they leave gaps for Indian exporters who rely on correct purpose codes, inward remittance documentation and clean GST compliance.

India focused platforms like BRISKPE streamline the onboarding experience by aligning documentation with RBI rules rather than global card network rules. This makes setup simpler and ensures that every inflow supports the exporter’s compliance trail right from the first transaction.