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ONDC to integrate with meta commerce platform PayNearby Mall, Retail News, ET Retail

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<p>Representative Image</p>
Representative Image

New Delhi: The Government of India’s initiative Open Network for Digital Commerce (ONDC) will integrate with PayNearby’s newly launched meta commerce platform PayNearby Mall to enable easy availability of goods and services, in an assisted mode at the last mile, according to a media release.

With this upcoming integration, the financial services firm PayNearby aims to upgrade every retailer, in its active network of million users, to benefit from the ongoing e-commerce revolution, including the ONDC platform. This will further democratise access to digital commerce for businesses of all sizes.

As per a statement, the integration will further benefit several consumers in Bharat with wider choices, giving them a seamless, affordable one-stop-shopping experience at a nearby store.

Sharing thoughts on PayNearby Mall, Anand Kumar Bajaj, founder, MD and CEO of the company said, “We look to empower local sellers and buyers and give them a user-friendly platform to discover products and sellers, compare prices, and make purchases with ease. It will help digitally overhaul small businesses gearing them towards a better livelihood and bringing them at par with the current times. “

The fintech firm shared that more than 6000 retailers have upgraded themselves into a mall within hours of the new meta commerce platform launch and over 100 retailers have ordered about 250 orders. The top categories included mobile phones and accessories, home appliances, groceries and textiles while many searched for two wheelers also.

  • Published On May 12, 2023 at 09:06 PM IST

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