“We get the bids from various banks who are registered on the platform, and we accept the lowest bids thereby reducing our cost and we pass the same cost to the customers and the main thing is that the MSME suppliers get enough money to turn around their business and give us enough goods on time for our projects. This is the key to our success. I thank RXIL and government of India to introduce such a great platform”.

“We were in the process where it used to take 60-90 days to receive our money from the buyers but because of RXIL platform and scheme we started receiving the funds within 2-3 days the time buyer puts it on auction”.

“With the help of RXIL where they facilitate the funds, we are happy that there is an immediate sale of Invoice happening in the platform”.

“I am getting the payment through RXIL in 10 days max and the platform gives time to buyers to settle the payment in 60 days. The best part is that we need not go anywhere for signing purpose as the platform is completely digital. We thank RXIL for this easy platform”.

“It was a nightmare in terms of vendor payments for us. RXIL is a very good platform and is very easy to deal with our MSME vendors. It is a one stop solution for MSME vendor payments.”