ONDC’s Impact on Small Businesses

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The ONDC network has a very positive impact on small and medium-scale businesses. Here are some of the major benefits:

Easy and quick business digitisation: Small and medium-scale businesses do not possess the capacity to adopt all of these technical abilities and transformations to take their businesses online. Hence, ONDC’s protocols help them to adopt these hassle-free methods in a standardised manner.
Exploring the untapped markets: The rural sections of the country are untouched honduras phone number list territories by the eCommerce markets. ONDC aims to bridge this gap in these regions and offer robust infrastructure, allowing eCommerce platforms to explore these markets.
Innovation opportunities: ONDC is more likely to add technologies like artificial intelligence and machine learning, the Internet of Things, blockchain, etc., to stay ahead of the competition. It ensures that the buyer and seller ONDC apps will keep up with technology and advancement at all times.
Secure and quick payment: Fast and efficient payments can be one of the greatest challenges the ONDC has tackled by integrating safe and secure payment gateways.
Better consumer experience: Better revenues directly result from better buying experiences. The ONDC platform ensures a seamless shopping experience for buyers, only allowing authentic and verified sellers.