Live partner
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ONDC
Features
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A population-scale platform
The platform is designed to tackle population-scale transaction volumes that are initiated by different participants across the network.
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Secure and smooth transactions
A meticulous onboarding process of network participants ensures security and validity of all payments on the NOCS platform.
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Supports multifarious entities
The platform offers integration for multiple entities including banks, e-commerce platforms and technical service providers.
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Seamless reconciliation of settlements
A common reference number is shared to banks, RBI and RSPs for every settlement, enabling seamless reconciliation across stakeholders.
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Faster settlement confirmations
The execution of every settlement occurs through a Multilateral Net Settlement Batch file posted on the RBI portal, enabling the Settlement Agency to confirm settlements to RSPs faster.
How it works
NBBL functions as a Settlement Agency on the ONDC network.
Benefits
Seamless settlements to counterparties through an RBI‑regulated entity
Single point of contact for all ONDC‑related settlements
Seamless sharing of settlement instructions