Buyer App Commission and Finder/Fulfilment Fees

[nebi004]

1. Is there any difference between buyer app commission and finder/fulfilment fees for lending products? Or Buyer app will charge only 1 thing i.e. Commission which will include finder and fulfilment fees also?

2. Will there be any standard commission % defined by ONDC?

3. How will lender make payments of these commission to buyer apps? Also when the number buyer apps will increase, how will commission payments be managed?

[92shreyansh]

@Antriksh-Parmar

[Antriksh-Parmar]

@nebi004

1. No difference.
2. No. It's up to the buyer app to determine the BFF.
3. It'll be done off the network initially, we'll push for daily settlements.