MintGenie, Nayar said that SoftPOS technology transforms regular smartphones or tablets into payment terminals, eliminating the need for separate hardware. Payment service providers are utilizing the Open Network for Digital Commerce (ONDC) to streamline customer experiences by integrating with its infrastructure. Through ONDC, providers can access a standardized platform, facilitating interoperability among various digital commerce players.
This integration allows for seamless transactions across different platforms and payment methods, enhancing convenience for customers. Moreover, ONDC ensures security through robust authentication protocols and encryption standards, safeguarding sensitive financial information during transactions. By leveraging ONDC, payment service providers can offer customers a consistent and secure payment experience regardless of the platform or merchant, thus fostering trust and loyalty.
In integrating ONDC features into our payment services, we prioritize enhancing the overall experience for both buyers and sellers while providing seamless transactions across diverse platforms. By incorporating the Buyer App, we empower customers to access a wide array of products from various sellers, facilitating informed purchasing decisions and enhancing convenience. Simultaneously, our marketplace for sellers offers a platform for businesses to reach a broader audience and efficiently manage their product catalogue.
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