BRICS Pay FAQ
General Questions
What is BRICS Pay?
What is BRICS Pay? BRICS Pay is a payment aggregator that simplifies transactions for businesses by offering seamless digital payment solutions, financing, and business wallet services.
Who can use BRICS Pay?
BRICS Pay is designed for MSMEs, suppliers, distributors, and retailers looking for secure, fast, and cost-effective payment solutions.
How do I sign up for BRICS Pay?
You can sign up on our official website and follow the registration process. Our team will guide you through the setup.
Buy Now, Pay Later
What is BNPL
BNPL (Buy Now, Pay Later) is a financing option that allows customers or businesses to purchase goods or services upfront and pay for them over time in installments. It provides flexible payment terms without requiring a credit card, often with low or no interest if paid within the agreed period.
How does BNPL work?
- Apply for BNPL and get quick approval.
- Use the credit to purchase inventory.
- Repay within 7 to 30 days at a low processing fee.
What are the eligibility requirements?
To qualify, businesses must meet basic requirements such as valid business registration and transaction history.
BRICS Pay Business Wallet
What is the BRICS Pay Business Wallet?
It is a secure digital wallet designed for businesses to send, receive, and manage payments with low transaction fees.
How do I fund my wallet?
You can add funds via bank transfer, e-wallets, or other supported methods.
Can I use the wallet for supplier payments?
Yes! The wallet is designed for seamless supplier and distributor transactions.
QRPh Digital Payments
What is QRPh?
QRPh is a QR-based payment system that enables businesses to accept digital payments instantly from customers.
How does QRPh benefit my business?
BRICS Pay is designed for MSMEs, suppliers, distributors, and retailers looking for secure, fast, and cost-effective payment solutions.
How do I sign up for BRICS Pay?
- Allows customers to pay instantly via QR code.
- No need for expensive hardware—use your smartphone or tablet.
- Works with multiple e-wallets and banking apps.