 "Commerce and Industry Minister Piyush Goyal")
The next Unified Payments Interface (UPI) moment in India can be the Open Network for Digital Commerce ONDC, which will help the common man access new-age technology at affordable costs, commerce and industry minister Piyush Goyal said on Friday.
ONDC will also give startups the opportunity to grow in India.
ONDC goes beyond the current platform-centric models where a buyer and seller will have to use the same application. It aims to reduce the cost of doing business, benefit small, traditional retailers, while curbing digital monopolies.
“It will be the first of its kind to be developed to enable interoperability
