India, Feb. 9 -- India's digital ecosystem is going through a dynamic shift with the introduction of the Open Network for Digital Commerce (ONDC). This seminal initiative that is led by the Indian government seeks to liberalise the digital ecosystem and open a field for businesses across the country. ONDC is expected to redefine the payment landscape, by allowing seamless transactions across multiple ecommerce platforms.

According to the Department for Promotion of Industry and Internal Trade (DPIIT), ONDC aspires to capture 25% of India's digital commerce market by 2025, highlighting a notable milestone in India's journey towards a more digital economy. As the dependency of digital payments have become an integral part of India's econom...