IDFC FIRST Bank joins the Open Network for Digital Commerce (ONDC)

IDFC FIRST Bank joins the Open Network for Digital Commerce: IDFC First Bank has signed up as participant in the Open Network for Digital Commerce (ONDC), an initiative of ministry of commerce and industry.

September 2022 Current Affairs Quiz

The bank has enabled a platform for buyers, that help them to discover sellers in the ONDC network. The bank has started onboarding small merchants, who are its current account customers, on to a partner app registered with ONDC. The app is expected to help small merchants carry out transactions over ONDC’s electronic network.