_______ 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.
Razorpay, a fintech payments and banking platform for businesses, will join the Open Network for Digital Commerce (ONDC), as an alternative for internet shopping. 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. 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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