MXL, targeted at SMEs (Small Medium Enterprises), is a plug-in which runs on Microsoft Excel 2007 that enables companies to easily make payments for their staff salary, statutory payments and supplier payments to the bank via the Internet.

The software, made possible through the interoperability elements of the ISO Standard known as Office Open XML, is available to SMEs without upfront licensing costs and customers will only be charged based on usage. Originally developed by Microsoft Corporation, the Office Open XML format is a standard for word-processing documents, presentations and spreadsheets that is intended to be implemented by multiple applications on multiple platforms.