ONDC to levy a Rs 1.20 fee

ONDC or the Open Network for Digital Commerce will soon levy a fee of Rs 1.20 for every successful transaction above Rs 250. Transactions valued below Rs 250 will not attract a fee. The network participants (NP) have been informed of the levy, sources close to the development said. The revenue will help ONDC fund some of its incentives.

The number of transactions on the protocol has risen to 14.5 million in November of which 6.6 million relate to mobility. Riding on the festive season, ONDC had logged 14 million transactions in October, an increase of 7.6% over September’s 12.9 million.