ONDC Postpones Roll Out Of Network Charges Till April 1: Report

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SUMMARY

Government-backed ONDC has postponed the implementation of its proposed network infrastructure and services fee to April 1

The decision comes after receiving feedback from network participants and stakeholders

In December last year, ONDC initially revealed its plans of levying a fee of INR 1.5 for every transaction above INR 250 from January 1

The government-backed Open Network for Digital Commerce (ONDC) has reportedly postponed the implementation for the proposed network infrastructure and services fee to April 1.

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ONDC Postpones Roll Out Of Network Charges Till April 1: Report


SUMMARY

Government-backed ONDC has postponed the implementation of its proposed network infrastructure and services fee to April 1

The decision comes after receiving feedback from network participants and stakeholders

In December last year, ONDC initially revealed its plans of levying a fee of INR 1.5 for every transaction above INR 250 from January 1

The government-backed Open Network for Digital Commerce (ONDC) has reportedly postponed the implementation for the proposed network infrastructure and services fee to April 1.

Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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