Publication - Money Control
Edition - Online
The Open Network for Digital Commerce (ONDC) crossed 1,00,000 non-mobility daily transactions a day for the sixth day in a row on January 16, sources said, indicating the growing acceptability of the government's e-commerce platform.
Until December, the highest such transactions, across categories like fashion, food, electronics and grocery recorded, in a day were over 96,000 but they never touched 1,00,000.
The introduction of gift cards as a stock-keeping unit (SKU) on the government-backed network could have given a fillip to the transaction volume along with growing familiarity of the users with ONDC and new sellers.
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ONDC’s daily retail transactions top 1 lakh for sixth day running
The government-backed platform aims to achieve a monthly run rate of up to 8 million transactions across mobility and retail categories by the end of FY24
Moneycontrol
