City Union Bank partners Wibmo, nStore to add ‘Buyer Side ONDC Module’ for customers
Private sector bank City Union Bank (CUB) has introduced a 'Buyer Side ONDC Module’ to enhance the digital commerce experience for its retail customers by offering seamless access to the Government of India’s Open Network for Digital Commerce (ONDC).
The CUB has roped in payment security and digital financial services provider Wibmo and digital solutions platform nStore for the initiative.
The ONDC initiative is designed to democratise digital commerce by creating an open network where buyers and sellers can transact without relying on a single platform. The new 'Buyer Side ONDC Module,' will provide CUB’s retail customers with improved accessibility, convenience, and security for their online transactions.
Suresh Rajagopalan, CEO of Wibmo, said, "Our focus at Wibmo is to elevate digital payment experiences through innovation and security, and this collaboration aligns perfectly with our vision of empowering users in India’s evolving digital commerce landscape."
CUB’s Managing Director & CEO, N. Kamakodi, said, "The ‘Buyer Side ONDC Module’ enhances the shopping experience for our retail customers, offering both security and convenience."ok