Home › Banking › Plotch, IDFC FIRST Bank Collaborates and Launches ONDC Focused Payment Solution Nodepe

Plotch, IDFC FIRST Bank Collaborates and Launches ONDC Focused Payment Solution Nodepe

May 25, 2023
Current Context: Plotch is a leader in ONDC enablement and has built-in technology support for businesses to launch their ecommerce buyer or seller app nodes on ONDC quickly.
Plotch, IDFC FIRST Bank Collaborates and Launches ONDC Focused Payment Solution Nodepe
  • ONDC stands for Open Network for Digital Commerce, which is a government-backed platform to democratise ecommerce and benefit small merchants.
  • Plotch, along with IDFC First Bank, has launched an ONDC-focused payment solution called NodePe, which can route payments between buyer and seller apps based on transaction level contracts agreed upon by network participants.

Question:

Q.1 What is the name of the payment solution launched by Plotch and IDFC First Bank for ONDC?
a. NodePay
b. NodePi
c. NodePe
d. NodePo
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