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To recoup operating costs, the government-run Open Network For Digital Commerce (ONDC) will likely start charging transaction fees this fiscal year.

T Koshy, managing director and chief executive of ONDC, told that the quantum of the fee has not been decided yet, however, it is likely to be small and levied on each transaction.

 

While ONDC currently has no revenue model, its costs are low as it does not have a central platform or software that it needs to maintain.

Launched in 2021 under the aegis of the Department for Promotion of Industry and Internal Trade (DPIIT), ONDC is an open protocol-based network to enable local commerce across multiple segments, including grocery and mobility among others.

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