The advantages of ONDC include its decentralized nature, which provides greater security and transparency in transactions.
The UPI API, on the other hand, may require additional authentication and verification steps for completing the transaction. The ONDC API may provide additional features such as rating and reviewing the seller, tracking the delivery status, and handling disputes or refunds. To use the ONDC or UPI, developers need to register with the platform and obtain an API key. Here’s an example of how a buyer-side app could connect to the ONDC and UPI platform using the API: To understand ONDC and how it works, let’s compare it with UPI, which is a widely used payment interface in India. The ONDC API is a set of protocols and tools that enable different software applications to communicate with each other. Similar to UPI (Unified Payments Interface) in India, ONDC provides APIs that allow developers to build apps and services that can leverage the ONDC network to offer a wide range of commerce-related functionalities. ONDC is a platform that is built on top of the Beckn protocol, enabling buyers, sellers, and intermediaries to interact more efficiently and securely.
The Beckn protocol is an open-source technology standard for the exchange of data and services between participants in a network.
ONDC is a decentralized platform for e-commerce that is built on the Beckn protocol.
