CPSEs are mandatorily required to route the settlement of invoices for goods and services procured from MSME suppliers through an RBI-authorised TReDS platform
Direct Settlement on Invoicemart enables CPSE invoice payments to be processed through TReDS without invoice discounting. MSME sellers receive the full payment against the invoice through a digital settlement route.
Under Ministry of MSME Notification S.O. 3507(E), dated 30 June 2026 and The MSME Development (Ammendment) Bill, 2026, all operating Central Public Sector Enterprises must route the settlement of MSME invoices through an RBI-authorised TReDS platform.
This means that payments by CPSEs to MSME vendors are now required to be processed through TReDS.
The mandate requires CPSEs to route invoice settlements through TReDS. It does not make invoice discounting compulsory for MSME sellers.
MSME suppliers may receive the full payment through Direct Settlement or choose invoice discounting when early access to funds is required.
Direct Settlement enables MSME suppliers to receive the full invoice amount through the TReDS settlement route without discounting the invoice.
Invoice discounting enables eligible MSME vendors to access funds before the invoice due date. Multiple banks and NBFCs are available to bid on the invoice through Invoicemart.
Yes. All CPSEs are mandatorily required to route the settlement of invoices for procurement of goods or services from MSME suppliers through an RBI-authorised TReDS platform.
No. The CPSE settlement-routing requirement does not make invoice discounting mandatory. The choice to avail financing remains with the MSME seller.
Direct Settlement is a settlement-only route on TReDS. It enables the full payment against a CPSE invoice to be processed through Invoicemart without discounting the invoice.
Yes. Eligible MSME suppliers may choose invoice discounting through Invoicemart when funds are required before the invoice due date.
CPSE invoice settlements are moving through TReDS. Invoicemart enables MSME suppliers and MSME vendors to receive CPSE payments through Direct Settlement.
A.Treds Ltd.,
A3, 11th Floor, Ashar IT Park,
Road No. 16Z, Wagle Industrial Estate,
Thane (W) – 400604,
Maharashtra, India
customer.care@invoicemart.com