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BHIM looks to bulk up with ONDC to take on digital payment heavyweights
Payments app BHIM or Bharat Interface for Money will soon become available on the government-backed nonprofit Open Network for Digital Commerce (ONDC), with an aim to counter the dominance of Google Pay and Walmart-backed PhonePe in India’s digital payments sector, people aware told ET.BHIM, developed by the apex group for digital payment systems in the country — National Payments Corporation of India (NPCI), will foray into the ecommerce arena on ONDC through a separate division, they...