Mystore launches TSP model for Enterprises to get connected with ONDC

GURUGRAM, India, Nov. 9, 2022 /PRNewswire/ — Mystore®, the primary ONDC-connected market, launches its TSP model to assist enterprises leverage the Open Network for Digital Commerce. The TSP model by Mystore is the following step in the direction of accelerating the digital transformation of enterprise manufacturers by connecting manufacturers and their complete dealer-distributor networks with prospects pan-India. 

To attain prospects throughout India, enterprises can join to ONDC networks both straight or via an current community participant (NP). To qualify as an NP and join straight to the ONDC community, manufacturers should implement the ONDC protocol and preserve a extremely accessible infrastructure. This infrastructure needs to be designed in a manner that it communicates with the ONDC gateway and different community individuals in a failsafe and speedy method.

Mystore’s TSP (Technology Solution Provider) model gives a pre-built white-labelled, extremely accessible answer that complies with ONDC necessities and commonplace protocols. Using Mystore’s TSP model manufacturers can join straight with the ONDC platform with out going via the prolonged route of qualifying as an NP. The battle-tested, scalable, mobile-first and safe infrastructure (PCI DSS compliant, ISO27001 licensed) of Mystore might be custom-made inside out for the distinctive wants of enterprises of each scale and measurement. 

Mystore’s enterprise options supply manufacturers a bunch of top-notch automated options for working and managing their business digitally. With Mystore’s TSP model enterprise manufacturers can go to market in document time. Enterprise manufacturers utilizing Mystore as their TSP (Technical Solution Provider) can:

• Connect to the ONDC community as a Buyer App and Seller App
• Have management over fee choices, and customer-facing insurance policies 
• Seamlessly combine their current provide chain with the ONDC community
• Integrate their supplier community with hyperlocal fulfilment 
• Build lovely multilingual storefronts (D2C and B2B) as well as to connecting to ONDC
• Manage sturdy on-line presence for a number of manufacturers from one place
• Give their sellers complete order, stock, catalogue and bill administration options 
• Roll out Android and iOS apps for their prospects and sellers

Designed to cater to the various wants of enterprises, Mystore is the primary platform that gives the TSP model as Buyer App and Seller App. Here is how these fashions might be leveraged by manufacturers:

1. The Buyer App TSP model is right for massive enterprises which have a big buyer base and need to supply ONDC as a value-added service to their viewers. For instance, Banks, Fintech, Payment Gateways and Telcos. 
2. The Seller App TSP model is for enterprises with a big vendor base that need to supply their sellers one other gross sales channel via ONDC. The Seller App TSP model can also be ideally suited for Enterprises that need to join their supplier community to ONDC and supply their sellers a powerful and cost-effective gross sales channel.

With a well-rounded answer from Mystore, enterprise manufacturers can arrange their business for accelerated development and attain untapped markets pretty simply. 

Highlighting how the Mystore TSP model will assist enterprise manufacturers, Mr. Rajiv Kumar Aggarwal, Founder & CEO, Mystore, stated, “ONDC is the biggest revolution in the history of E-commerce and brands will have to adapt to it, the sooner the better. Through the Mystore TSP model, we make this adaption fast and seamless for Enterprises. With ONDC compliant, tailored-solutions enterprise brands build scalable, flexible, high-performance digital sales channels that connect their customers directly to the brand.”

About Mystore

Mystore® is an ONDC-connected market serving to SMEs and enterprise manufacturers leverage the ONDC community to speed up their development. With its Seller App and Buyer app for ONDC, Mystore permits seamless promoting for consumers on the Open Network for Digital Commerce. Mystore’s cutting-edge ecommerce options are constructed on StoreHippo® – the main enterprise ecommerce platform powering high enterprise manufacturers throughout the globe. Mystore permits hyperlocal companies and SMEs to be a part of the ONDC ecosystem and discover the huge Indian markets. Built on next-gen know-how, PCI-DSS compliant, Mystore gives a level-playing area and 360-degree ecommerce options to companies regardless of their measurement and trade vertical.

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