JPMorgan Payments and In-Solutions Global Ltd. collaborated to launch its digital commerce solution, 'ONDC made easy', at the Global Fintech Festival 2024.
The partnership integrates ISG's ONDC technology and Protean's support with the banking services of JPMorgan in India. This new solution will allow JPMorgan's corporate clients to join the Open Network for Digital Commerce and start selling directly on the platform, ISG said in a press release.
Through this innovative solution, corporate clients will get an opportunity to showcase their products to a larger network of buyers in addition to extending the ONDC network to buyers and sellers, who can transact without needing to be present on the same platform, it said.
"Our partnership with ISG underscores our commitment to innovation and emerging technologies, and supports clients in scaling their business more efficiently," said Guhaprasath Rajagopal, managing director and head of India payments at JPMorgan.
"JPMorgan's partnership with ISG to facilitate the participation of their corporate clients in ONDC is a testament to the diverse and dynamic nature of the ONDC ecosystem," said T Koshy, managing director and chief executive officer of ONDC.
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