Insightful interview. Unlike UPI impact on credit cards, ONDC will not affect other major players like Amazon and Flipkart. Rather, it will only increase the e-commerce market in India and so Amazon and Flipkart would be able to utilize ONDC platform to sell their products to billion plus people, even in the remotest corners of India.
ONDC platform can ramp up even faster if they become a Platform -Of-Platforms like AWS behaves with PAAS. Once other small and midsized platforms with (say) Lakhs of users, come onto ONDC in a way that ONDC behaves like Shopify.... within just a few years, ONDC will outrun Amazon and others??
Insightful interview. Unlike UPI impact on credit cards, ONDC will not affect other major players like Amazon and Flipkart. Rather, it will only increase the e-commerce market in India and so Amazon and Flipkart would be able to utilize ONDC platform to sell their products to billion plus people, even in the remotest corners of India.
In case Visa and MasterCard adopt UPI, they will benefit too. And would be able to popularize UPI in other countries.
ONDC platform can ramp up even faster if they become a Platform -Of-Platforms like AWS behaves with PAAS.
Once other small and midsized platforms with (say) Lakhs of users, come onto ONDC in a way that ONDC behaves like Shopify.... within just a few years, ONDC will outrun Amazon and others??
Please use good mike for recording next time