Open Network for Digital Commerce
What is ONDC?
ONDC stands for Open Network for Digital Commerce. It is a digital platform aimed at enhancing transparency and efficiency in the digital commerce ecosystem.
Why
Why was ONDC created?
ONDC was created to address challenges in the digital commerce sector by promoting open networks, fostering collaboration, and ensuring a level playing field for all stakeholders.
When
When was ONDC launched?
ONDC was officially launched on 31 Dec, 2022.
Where
Where can ONDC be accessed?
ONDC can be accessed online through its official website and affiliated platforms.
Who
Who is involved in ONDC?
ONDC involves various stakeholders such as government bodies, digital commerce players, technology providers, and other relevant entities.
How
How does ONDC work?
ONDC works by providing a standardized and open framework for digital commerce, facilitating seamless interactions between different participants in the ecosystem.
How Many
How many participants are currently on ONDC?
As of the latest information available, there are 85 cities with 800 merchants and 26 participants actively engaged on the ONDC platform. and is set for a fruitful 2023 with the support of industry players, said T. Koshy, Managing Director and CEO.
Mahesh
