Question
_______Â fintech payments and banking platform for
businesses, will join the Open Network for Digital Commerce (ONDC), as an alternative for internet shopping   becoming the first payment gateway to launch a Payment Reconciliation Service for Network Participants (NPs) like buyers, sellers, and logistic partners on ONDC.ÂSolution
Razorpay, a fintech payments and banking platform for businesses, will join the Open Network for Digital Commerce (ONDC), as an alternative for internet shopping. Â Â Â With this, the Tiger Global-backed firm has become the first payment gateway to launch a Payment Reconciliation Service for Network Participants (NPs) like buyers, sellers, and logistic partners on ONDC. Â Â This will provide them with an integrated single view of all their transactions. It will further help NPs on ONDC by timely routing settlement information for a given transaction and assisting them with settling funds.
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