<h1>Prosus-backed BRISKPE gets RBI's nod under Payment and Settlement Systems Act, 2007, for cross-border payment aggregation.</h1> Global investment firm Prosus-backed BRISKPE has received the Reserve Bank of India's in-principle authorization to function as a payment aggregator for cross-border transactions. This approval allows BRISKPE to handle both export and import payments under the Payment and Settlement Systems Act, 2007. BRISKPE, focusing exclusively on cross-border payments, aligns with the RBI's updated regulatory framework from October 2023. Currently processing 10,000 transactions monthly, BRISKPE anticipates reaching 100,000 transactions by the next financial year. This authorization marks a significant advancement for BRISKPE and Indian businesses involved in international trade.