Receiving foreign payments in India demands platforms that balance global reach with strict regulatory compliance, moving beyond domestic UPI convenience. While gateways like PayGlocal offer reliable international card processing, scaling exporters and sellers often prioritize specialized services (like BRISKPE) that provide better multi-currency account features, seamless marketplace integration, and, critically, instant, compliant documentation like the e-FIRA for simplified financial and tax reporting.

We talk about the five best PayGlocal alternatives for 2025 in this blog: BRISKPE, Razorpay, PayU, Cashfree, and Instamojo. We also talk about how each platform can help different types of businesses.

Why Companies Look for Other Ways to PayGlocal

PayGlocal lets Indian companies take payments in currencies from other countries. But some users are having trouble as their businesses grow.

• Most of the payments it makes around the world are with cards, which can be expensive for large payments.
• Some users also think that onboarding takes too long because it takes different amounts of time for different methods to get approved and settled.
• Costs go up even more because of service fees that aren’t obvious and higher exchange rates. These fees can add up quickly for businesses that work with clients in many different countries.

BRISKPE doesn’t use traditional card networks to solve these problems. Instead, it offers clear flat fees, quick payments to Indian bank accounts, and support for multiple currencies.

1. BRISKPE

BRISKPE is one of the best and least expensive PayGlocal options for Indian freelancers, exporters, and SaaS founders. Being clear about prices and easy to follow makes it easier to pay for things across borders.

How Prices Are Set:

• A flat fee of $16 for amounts up to $2,000
• For amounts between $2,000 and $10,000, there is a flat fee of $25.
• For amounts over $10,000, there is a 0.25% fee.
• For amounts over $50,000, you can get a custom price.
• Moving money between accounts (A2A) and making virtual transfers both cost 0.75% plus GST.
• First transaction: no cost and a full refund

BRISKPE is easy to understand, which is the best thing about it. There are no extra fees, and each transaction has a set rate.

Unlike PayGlocal, which uses cards to send money, BRISKPE lets you send money locally. This saves money and makes settlements go faster. This means that freelancers and exporters can get their money faster and don’t have to deal with as many middlemen.

2. Razorpay

Razorpay is one of the most popular ways to pay in India. It works with UPI, Paytm, PhonePe, and most of the world’s major currencies.

The issue is that international fees start at 3%, so it can be expensive to send money abroad a lot. These transactions can take up to seven days to settle, which can hurt small businesses’ cash flow.

Razorpay is great for payments within the country, but not so great for payments between countries because they take longer and cost more to settle.

3. PayU

PayU is a safe way to pay that works in your area and all over the world. It can take more than 150 different types of payments, such as cards, UPI, and EMI. Businesses also get things like multilingual checkout and refunds right away.

But small businesses might have to pay a lot of money. Most of the time, domestic payments cost around 2%, and international card payments cost 3% plus GST.

It’s also hard to keep track of international transactions as they happen. You get faster updates, free e-FIRA documentation, and better visibility on settlements with newer platforms like BRISKPE.

4. Payments that don’t use cash (Cashfree Payments)

Cashfree Payments lets you send money both inside your country and to other countries. It has features like automatic payments, quick refunds, and easy verification. It can handle collections in over 100 currencies and settle INR payments in two days.

But it costs ₹4,999 a year, which small businesses may not be able to afford. International card transactions also cost between 2.95% and 3%.

Cashfree’s automation tools are great, but they work best for big companies, not freelancers or small exporters.

5. Instamojo

Instamojo has tools for shopping online and ways to get paid. It lets new businesses and D2C brands set up online stores and accept payments through links or checkout pages that are already on their sites.

It takes longer than most others to settle, with a default time of up to three business days. Instamojo also takes ₹3 and 2% of each transaction. There isn’t much help for payments made from other countries, and they have to be approved first.

Transactions in India are simple and quick with Instamojo. It might not be the best way to send money all over the world.

What Makes BRISKPE Different

PayGlocal and other gateways improve India’s payment system, but a lot of them aren’t clear or fast enough for global transactions.

BRISKPE fills that gap by giving

• The prices are clear for all sizes of transactions.
• You can settle multiple currencies directly in INR.
• Every time you send money, you get free e-FIRA papers.
• No extra fees or costs every year
• Quick onboarding and no charge for the first transaction

These features make BRISKPE a great choice for freelancers, exporters, and SaaS founders who need to make payments around the world that are easy, legal, and safe.

Platform	Best For	Average Fee	Main Difference
BRISKPE	Freelancers, exporters, and SaaS	flat $16 to $25, or 0.25%	Prices that are clear, free e-FIRA, and transfers within the country
Razorpay	New companies that want to do business in India	Begins at 3%	A strong presence in the area, but not much help anywhere else
PayU	A lot of ways for companies to get their money	3% plus GST	Works with more than 150 different methods
Cashfree	No money for big companies	2.95–3% Plus ₹4,999 AMC	It can handle more than 100 currencies and has a lot of automation.
Instamojo	Small stores and brands that sell directly to customers.	2% and ₹3	There are built-in links to an online store and payment system.

Final Thoughts

As India’s digital payment system gets bigger, the need for fast global payment systems becomes even more important. Razorpay, PayU, Cashfree, and Instamojo all help different groups of people, but BRISKPE is favored for inward remittance by Indian exporters and freelancers due to zero hidden FX markups, fast T+1 settlement, and automatic generation of essential RBI compliance documents like the e-FIRA.

It’s a great choice for anyone who wants to switch from PayGlocal to something more open and reliable because it has clear prices, quick settlements, and support for many currencies.

BRISKPE makes it easier to make payments around the world.

BRISKPE makes it easy for Indian businesses to get paid from other countries without any extra fees. It makes sure that payments go quickly, legally, and safely into your Indian account, whether you’re a freelancer, a SaaS founder, or an exporter.