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UPI AND ONDC
Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
- A username could one day suffice as your addressIndia is creating a unique username-based digital addressing system. This initiative, led by India Post, aims to simplify sending and recei...
- ONDC facilitates purchase of financial products from any provider via any appIndia's Open Network for Digital Commerce is transforming financial services. It connects buyers and sellers, making loans, insurance, and ...
- UPI no more a technology, it's a population-scale habit: FIDE CEO Sujit Nair"UPI is no more a technology in some sense. UPI is a population-scale habit. You have 500 million people using DPI, UPI as a way of life, a...
- Real-time payments gaining ground fast in Asia: JP MorganMany Asian countries, including India, are moving away from older payment methods like ACH in favor of real-time systems such as UPI. JP Mo...
- We are not trying to put anybody out of business through ONDC: DPIIT SecretaryThe Department for Promotion of Industry and Internal Trade (DPIIT) Secretary, Rajesh Kumar Singh, has said that the Open Network for Digit...
- ONDC has potential to dilute market concentrationPlatform fees for food delivery using ONDC are being reported at a fifth of those charged by the market leaders. This is a considerable red...
- PhonePe's ecommerce app Pincode live on ONDC networkThe company launched Pincode – a hyperlocal ecommerce platform that enables online commerce between local offline stores and customers in t...
- For small stores to be big e-leagueUPI has, however, exposed the limitations of technology to improve competition. The platform is overwhelmingly dominated by PhonePe and Goo...
- As many as 2,200 transactions have taken place on ONDC: Piyush GoyalThe government-backed Open Network for Digital Commerce (ONDC) has the ability to transform e-commerce across the whole world, and not just...
- UPI, AA and ONDC will reorder Indian supply chain: Nandan NilekaniNandan Nilekani was speaking at the launch of new UPI solutions by the National Payments Corporation of India (NPCI) during the Global Fint...
- Onboarding Flipkart, Amazon may provide ONDC scale and credibility: reportOnboarding some of the larger incumbents early might actually provide ONDC the much-needed scale as well as credibility with buyers and sel...
- Logistics startup Grab.in integrates with government’s ONDCWhile Reliance Retail-backed Dunzo is already on the ONDC as one of the logistics partners, Grab's entry marks Reliance's formal entry into...
- SoftBank, Sequoia, other VCs push ONDC to portfolio firmsThe Indian Venture Capital Association (IVCA) also recently held a meeting with the ONDC team to understand how various startups could coll...
- Govt’s open ecommerce network not as easy to execute as UPI: JefferiesEquity research firm Jefferies said in a recent report that compared to ONDC, the issues that the digital payments railroad, Unified Paymen...
- ONDC can become next UPI, says Vaishnaw"UPI is a fabulous solution. Three countries have already signed up agreements with us to use it. But, can we take it to a large scale?" as...
- Retail's WhatsApp moment: Indian ecommerce on the cusp of a great disruptionThe Open Network for Digital Commerce will enable buyers and sellers to be visible to each other. The timing of the launch is significant b...
- India launches pilot phase of open e-commerce networkThe initiative is also aimed at curbing the dominance of two large multinational e-commerce players, which control more than half of the co...
- Is ONDC the slingshot that'll bring down retail Goliaths? 10 thingsONDC or Open Network for Digital Commerce is a government-backed electronic platform for India’s mom-and-pop stores or kiranas who have, so...
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