mjunction Launches Cross-Border Payment Solution for Indian Exporters

mjunction, a company owned by SAIL and Tata Steel, has launched a new service to help Indian exporters get paid from foreign buyers more easily.

This service is called rivexa and it lets exporters receive money in different foreign currencies and send it back to their Indian bank accounts.

It also makes it easier to track payments and follow the rules.

mjunction has teamed up with Glomopay, a company that helps with international payments, and RXIL Global, which helps with getting payments for goods sold.

Together, they are making it simpler and faster for Indian exporters to do business with other countries.