The emergence of ONDC (Open NFT Decentralized Commerce) has revolutionized the eCommerce landscape in Mystore India. Designed to empower small businesses and create a level playing field, ONDC provides a decentralized platform for buying and selling products. Whether you’re a seller looking to expand your reach or a buyer seeking a wide range of options, registering on ONDC is the first step towards unlocking its benefits. In this article, we will walk you through a step-by-step guide on how to register on ONDC.
What is Mystore?
MyStore offers a comprehensive catalog management panel where sellers can efficiently manage their products, track orders, and handle payouts. It provides a centralized platform to handle various aspects of the selling process, helping sellers streamline their operations and expand their reach to a wider audience through the ONDC network.
How ONDC Work: Mystore?
ONDC (Open NFT Decentralized Commerce) operates as a decentralized platform that facilitates buying and selling without the need for intermediaries. Here’s an overview of how ONDC works:
Three Parties Involved:
ONDC involves 3primary parties: buyers, sellers, and logistic applications. Logistic applications encompass delivery partners, payment partners, and other relevant service providers.
Seller’s Perspective:
Sellers, on the other hand, register on ONDC through approved sellerapp like Mystore, SellerApp, Bizcom, Digiit, e-Samudaay, Growth Falcons, and others. These seller apps provide a pathway for sellers to join the ONDC platform. By registering on these apps, sellers can list their products on the ONDC app for sale.
Buyer’s Perspective:
When a buyer wants to place an order, they can connect to the ONDC platform through a logistic application. The logistic application acts as an interface between the buyer and the ONDC platform. It helps the buyer access the list of companies or sellers from whom they can make a purchase.
Choose the Right SellerApp Or Mystore For ONDC Registration:
For sellers, the journey begins by selecting the appropriate seller app from a variety of options. Some popular ONDC-approved seller apps include Mystore, SellerApp, Bizcom, Digiit, e-Samudaay, and Growth Falcons, among others. These apps cater to different product categories and target cities, so choose the one that aligns with your offerings and target audience.
Step 1: ONDC Registration Required Documents:
To ONDC Registration as a seller, you will need to gather some essential documents. Ensure you have the following documents ready:
- Business Name: Provide the legal name of your business.
- Contact Details: Share accurate contact information such as phone number and email address.
- GSTIN and PAN Number: Register your Goods and Services Tax Identification Number and Permanent Account Number.
- Bank Details: Include your bank account details along with a canceled cheque.
- KYC Verification: Prepare identification and address proofs for KYC verification purposes.
Step 4: Complete the Registration Process:
Once you have chosen the seller app for ONDC Registration and gathered the necessary documents, it’s time to initiate the registration process. Each seller app might have slight variations in their registration process, but the fundamental steps remain the same.
How To Register On ONDC?
If you are an Indian seller looking to join ONDC, you have the flexibility to choose from a variety of approved seller apps, including Mystore, Seller App, Bizcom, Digiit, e-Samudaay, Growth Falcons, and more options available in the provided list. Follow the steps below to begin your registration process:
- Visit the website or app store of the chosen seller website/app.
- Search for the specific seller app you have selected, such as Mystore, Seller App, Bizcom, Digiit, e-Samudaay, Growth Falcons, etc.
- Visit on Sellerapp website or other seller website
- Open the website/app and navigate to the registration section, which is usually prominently displayed on the main page or accessible through a menu option.
- Fill in the required information accurately. This typically includes details such as: Business name, Contact information, GSTIN (Goods and Services Tax Identification Number), PAN (Permanent Account Number) details, bank account information, and KYC (Know Your Customer) verification documents.
- Review the tarms and conditions or terms of engagement presented by the app and agree to them.
- Submit your registration application through the app.
After you have completed these steps, your registration application will be processed by ONDC. They will verify the provided information and conduct necssary checks. Once your registration is approved, you will be able to start selling your products on the ONDC platform.
It’s important to note that while the registration process may vary slightly across the different seller apps, the basic requirements and steps mentioned above should be applicable. Make sure to provide accurate information and comply with the guidelines set by ONDC to ensure a smooth registration process.
By on ONDC registering through the approved seller, you can gain access to the wide range of benefits and opportunities offered by the platform to expand your business and reach a larger customer base.
Start Selling on ONDC:
Congratulations! Once your registration is approved, you can start levaraging the ONDC platform to sell your products. Begin by uploading your product catalogs/Product to the ONDC network. Provide comprehensive information about each product, including its name, price, description, and high-quality pictures. You can also customize shipping options and choose your preferred payment methods.
Conclusion
ONDC Registering is a crucial step for sellers to tap into the vast opportunities offered by the decentralized platform. By following this step-by-step guide, you can navigate the registration process with ease. Remember, ONDC aims to provide fair and unbiased commerce opportunities for businesses, boosting their visibility and sales. So, don’t hesitate to register on ONDC and unlock the benefits of this revolutionary eCommerce platform.
