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Rivexa, a TATA Steel-SAIL venture, launched a GIFT City-based cross-border payment system with IFSCA and Glomopay to speed up payments for Indian exporters.
rivexa, a joint venture between TATA Steel and SAIL, has launched a cross-border payment solution for Indian exporters, powered by IFSCA and integrated with Glomopay, enabling faster, more transparent international payments.
The system, based in GIFT City, offers invoice financing, multi-currency payouts, and automated FIRA documentation, improving cash flow predictability and compliance.
The initiative, unveiled at the 'rivOlution 2025' event in Kolkata, aims to support small and medium exporters with digital trade finance tools and streamlined fund repatriation.
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Rivexa, un emprendimiento de TATA Steel-SAIL, lanzó un sistema de pago transfronterizo basado en GIFT City con IFSCA y Glomopay para acelerar los pagos para los exportadores indios.