ONDC Paving Way For Digital Payment Revolution

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SUMMARY

According to DPIIT, ONDC aspires to capture 25% of India’s digital commerce market by 2025

ONDC is able to support many payment methods, including the Unified Payment Interface (UPI), wallets, as well as card-based transactions

According to Deloitte, the adoption of ONDC could unlock new revenue streams, with financial services expecting a 30% growth in digital ransaction volumes over the next five years.

India’s digital ecosystem is going through a dynamic shift with the introduction of the Open Network for…



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ONDC Paving Way For Digital Payment Revolution


SUMMARY

According to DPIIT, ONDC aspires to capture 25% of India’s digital commerce market by 2025

ONDC is able to support many payment methods, including the Unified Payment Interface (UPI), wallets, as well as card-based transactions

According to Deloitte, the adoption of ONDC could unlock new revenue streams, with financial services expecting a 30% growth in digital ransaction volumes over the next five years.

India’s digital ecosystem is going through a dynamic shift with the introduction of the Open Network for…



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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Team SNFYI
Hi! This is Admin.

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