{"id":6570,"date":"2025-05-21T16:51:00","date_gmt":"2025-05-21T11:21:00","guid":{"rendered":"https:\/\/cashfree.com\/blog\/?p=6570"},"modified":"2025-05-28T11:53:19","modified_gmt":"2025-05-28T06:23:19","slug":"open-credit-enablement-network-ocen","status":"publish","type":"post","link":"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/","title":{"rendered":"Open Credit Enablement Network (OCEN): The UPI Moment For Indian Lending Sector"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #005c31;color:#005c31\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #005c31;color:#005c31\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#What_is_OCEN_Open_Credit_Enablement_Network\" >What is OCEN (Open Credit Enablement Network)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#Basic_Idea_Behind_OCEN_%E2%80%94_A_Beginners_Guide\" >Basic Idea Behind OCEN \u2014 A Beginner&#8217;s Guide<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#OCEN_vs_Traditional_Lending_vs_Embedded_Credit_A_Quick_Comparison\" >OCEN vs Traditional Lending vs Embedded Credit: A Quick Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#OCEN_%E2%80%94_Another_Feather_in_the_Cap_For_The_India_Stack\" >OCEN \u2014 Another Feather in the Cap For The India Stack<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#How_Does_Open_Credit_Enablement_Network_OCEN_Work\" >How Does Open Credit Enablement Network (OCEN) Work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#What_Does_The_OCEN_Protocol_Say\" >What Does The OCEN Protocol Say?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#OCEN_vs_the_World_Indias_Credit_Infrastructure_Advantage\" >OCEN vs the World: India\u2019s Credit Infrastructure Advantage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#Why_OCEN_Matters_for_Business_Owners\" >Why OCEN Matters for Business Owners<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#How_Will_OCEN_Work\" >How Will OCEN Work?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#Benefits_of_OCEN\" >Benefits of OCEN<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#Lending_Service_Providers_The_Link_Between_OCEN_And_Financial_Inclusion\" >Lending Service Providers: The Link Between OCEN And Financial Inclusion&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#OCEN_The_Ultimate_Platform_For_MSMEs\" >OCEN: The Ultimate Platform For MSMEs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#Future_of_OCEN\" >Future of OCEN<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/#Frequently_Asked_Questions\" >Frequently Asked Questions<\/a><\/li><\/ul><\/nav><\/div>\n\n<p class=\"wp-block-paragraph\">India\u2019s digital finance transformation didn\u2019t stop at UPI.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The next frontier is credit.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Open Credit Enablement Network (OCEN) is an API-based framework aiming to rewire how loans are distributed\u2014especially for underserved MSMEs and individuals by turning any trusted platform into a loan distribution channel.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this blog, we aim to help you understand:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>The basic idea behind the development of the open credit enablement network<\/li>\n\n\n\n<li>How it works<\/li>\n\n\n\n<li>Its benefits&nbsp;<\/li>\n\n\n\n<li>The future it holds for the Indian lending sector<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-ocen-open-credit-enablement-network\"><span class=\"ez-toc-section\" id=\"What_is_OCEN_Open_Credit_Enablement_Network\"><\/span>What is OCEN (Open Credit Enablement Network)?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">OCEN (Open Credit Enablement Network) is a set of interoperable APIs designed to turn any digital platform\u2014be it a neobank, e-commerce portal, or tax app\u2014into a credit distribution channel. It allows borrowers, especially MSMEs and individuals with limited financial history, to access customized loan products directly from lenders through platforms they already use and trust.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With OCEN, credit access becomes embedded, digital-first, and data-driven\u2014shifting evaluation from traditional balance sheets to real-time cash flow and transaction behavior.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, individuals and MSMEs benefit in the following manner<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Access loan options offered by various lenders on the LSP platform.&nbsp;<\/li>\n\n\n\n<li>Completely <a href=\"https:\/\/cashfree.com\/blog\/innovation-in-payments-driving-digital-adoption-2\/?utm_source=blog&amp;utm_medium=organic&amp;utm_campaign=open_credit_enablement_network\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">digital credit solutions<\/mark><\/strong><\/a><\/li>\n\n\n\n<li>Cash flow-based evaluation instead of balance sheet-based evaluation&nbsp;<\/li>\n\n\n\n<li>Simple application process with minimum turnaround time<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">But, the bigger question is, how did OCEN come into existence? What was the basic idea behind its formulation? Let\u2019s take a look.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-basic-idea-behind-ocen-a-beginner-s-guide\"><span class=\"ez-toc-section\" id=\"Basic_Idea_Behind_OCEN_%E2%80%94_A_Beginners_Guide\"><\/span>Basic Idea Behind OCEN \u2014 A Beginner&#8217;s Guide<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What Is OCEN and Why It Matters for India\u2019s Credit Ecosystem<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India\u2019s traditional lending system\u2014led by banks, NBFCs, and institutional lenders\u2014has long excluded a massive portion of the population. Many borrowers, especially small businesses and informal workers, struggled to access credit due to the lack of financial history, complex paperwork, and physical branch requirements. Meanwhile, informal lenders filled the gap, but often at predatory interest rates.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To address this, the <strong>Open Credit Enablement Network (OCEN)<\/strong> was introduced as part of <strong>India Stack<\/strong>, a digital framework that has already revolutionized identity (Aadhaar), payments (UPI), and documentation (DigiLocker).&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">OCEN\u2019s mission is simple yet powerful: to <strong>shift credit access from being institution-centric to individual-centric<\/strong>, creating a level playing field for all borrowers\u2014whether a small kirana store owner in Bihar or a freelance worker in Manipur.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">OCEN reimagines credit access by:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Moving from balance sheet-based to transaction-based underwriting<br><\/li>\n\n\n\n<li>Enabling Aadhaar + cash-flow backed instant loans<br><\/li>\n\n\n\n<li>Standardizing credit distribution through digital channels at scale<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Under OCEN, any user, say a small farmer in Uttarakhand can get access to short-term loans like inter-day or intra-day credit directly from their smartphone. By using Aadhaar-based eKYC, they no longer need to physically visit a branch or offer collateral.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The current Aadhaar OTP-based eKYC guidelines allow disbursements up to \u20b960,000 annually, but the RBI is considering raising this limit to better match the average loan ticket sizes of individuals (\u20b92.5 lakhs) and MSMEs (\u20b910 lakhs). This potential increase would significantly broaden the reach and utility of OCEN.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In essence, OCEN is turning every participating financial institution\u2014be it a neobank, a tax-filing app, or a ledger platform\u2014into a <strong>fintech-enabled credit marketplace<\/strong>, where lenders can assess risk through digital transaction histories and borrowers can access affordable credit with ease.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s not just a new product. It\u2019s <strong>a new credit infrastructure for India\u2019s digital future<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.cashfree.com\/blog\/whats-new-otp-based-aadhaar-verification\/?utm_source=blog&amp;utm_medium=organic&amp;utm_campaign=open_credit_enablement_network\">Related Read: Aadhaar e-KYC OTP \u2013 Seamlessly Accelerate Paperless User Onboarding Process<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"OCEN_vs_Traditional_Lending_vs_Embedded_Credit_A_Quick_Comparison\"><\/span><strong>OCEN vs Traditional Lending vs Embedded Credit: A Quick Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Understanding OCEN becomes easier when compared against legacy lending systems and existing private embedded credit models. Here\u2019s how it stacks up:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Feature<\/strong><\/td><td><strong>Traditional Lending<\/strong><\/td><td><strong>Embedded Credit (Private APIs)<\/strong><\/td><td><strong>OCEN (Open Protocol)<\/strong><\/td><\/tr><tr><td><strong>Who can offer credit<\/strong><\/td><td>Only licensed banks\/NBFCs<\/td><td>Select tech platforms (e.g. Amazon, Ola)<\/td><td>Any platform via LSP + OCEN integration<\/td><\/tr><tr><td><strong>Integration Effort<\/strong><\/td><td>High (manual + offline)<\/td><td>High (proprietary APIs)<\/td><td>Low (standardized plug-and-play APIs)<\/td><\/tr><tr><td><strong>User Onboarding\/KYC<\/strong><\/td><td>Paper-heavy, branch visits<\/td><td>Semi-digital, varies by provider<\/td><td>Aadhaar + eKYC + AA = 100% digital<\/td><\/tr><tr><td><strong>Underwriting Basis<\/strong><\/td><td>Credit score, collateral<\/td><td>Proprietary algorithms<\/td><td>Cash flow, AA data, GST, transaction history<\/td><\/tr><tr><td><strong>Reach &amp; Inclusivity<\/strong><\/td><td>Low (urban-focused, documentation needed)<\/td><td>Medium (serves platform users only)<\/td><td>High (serves MSMEs, freelancers, new-to-credit)<\/td><\/tr><tr><td><strong>Cost to Distribute Credit<\/strong><\/td><td>High (requires licenses, compliance)<\/td><td>High (custom integrations)<\/td><td>Low (via open rails + standard protocols)<\/td><\/tr><tr><td><strong>Revenue Potential for Platforms<\/strong><\/td><td>None<\/td><td>Medium<\/td><td>High (commission, increased retention)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>TL;DR:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">OCEN is <strong>the only model<\/strong> that:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Doesn\u2019t require you to become a lender<br><\/li>\n\n\n\n<li>Doesn\u2019t lock you into proprietary APIs<br><\/li>\n\n\n\n<li>Scales credit inclusion through standardized public infrastructure<br><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s what UPI did to payments; now for credit.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ocen-another-feather-in-the-cap-for-the-india-stack\"><span class=\"ez-toc-section\" id=\"OCEN_%E2%80%94_Another_Feather_in_the_Cap_For_The_India_Stack\"><\/span>OCEN \u2014 Another Feather in the Cap For The India Stack<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In the past, financial institutions like national and commercial banks, NBFCs, etc., were the backbone of the entire formal lending system.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Borrowing meant visiting a bank branch or speaking to an agent to get a loan.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This led to many issues.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Limited access to a major chunk of the Indian population because of the presence of no banks or similar institutions in their areas<\/li>\n\n\n\n<li>Most borrowers did not have the right data needed by financial institutions to gauge their risk profiles and issue loans<\/li>\n\n\n\n<li>Only some financial institutions were willing to serve this particular segment of borrowers, however, with many underlying terms and conditions<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, many informal lending institutions extended a hand of help to this underbanked and underserved population. They did provide small ticket-size loans to them, however, against a very high rate of interest which many borrowers couldn\u2019t afford.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To bridge this gap and help people avail of loans without much hassle, the <strong>Open Credit Enablement Network was introduced under India Stack.&nbsp;<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India Stack is a set of APIs developed with the ideology to create a unified software platform to bring India\u2019s entire population under the digital umbrella. It aims to help individuals move towards a presence-less, paperless, and cashless economy and eliminate many underlying problems of the Indian economy, such as availing a loan.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The introduction and adoption of <a href=\"https:\/\/www.cashfree.com\/aadhaar-verification\/?utm_source=blog&amp;utm_medium=organic&amp;utm_campaign=open_credit_enablement_network\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">Aadhaar<\/mark><\/strong><\/a>, UPI, e-KYC, Aadhaar-enabled payment service, and DigiLocker are some examples of successful projects completed under India Stack.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With OCEN, the government aims to revamp the entire lending system. It aims to develop an ecosystem where every financial institution (formal and informal) becomes a Fintech-enabled credit marketplace and extends loans to borrowers without hesitation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.cashfree.com\/blog\/fintech-companies-in-india\/?utm_source=blog&amp;utm_medium=organic&amp;utm_campaign=open_credit_enablement_network\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">Related Read: Top Fintech Companies in India&nbsp;<\/mark><\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It also focuses on providing borrowers with the convenience offered by the informal sector along with the protection and cost-effectiveness of the formal financial institutions under one roof.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" width=\"770\" height=\"610\" data-attachment-id=\"8644\" data-permalink=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/open-credit-enablement-network-under-india-stack\/\" data-orig-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Open-Credit-Enablement-Network-Under-India-Stack.png?fit=1080%2C855&amp;ssl=1\" data-orig-size=\"1080,855\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Open-Credit-Enablement-Network-Under-India-Stack\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Open-Credit-Enablement-Network-Under-India-Stack.png?fit=770%2C610&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/cashfree.com\/blog\/wp-content\/uploads\/2022\/03\/Open-Credit-Enablement-Network-Under-India-Stack-1024x811.png?resize=770%2C610&#038;ssl=1\" alt=\"Open credit enablement network under India Stack\" class=\"wp-image-8644\" srcset=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Open-Credit-Enablement-Network-Under-India-Stack.png?resize=1024%2C811&amp;ssl=1 1024w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Open-Credit-Enablement-Network-Under-India-Stack.png?resize=300%2C238&amp;ssl=1 300w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Open-Credit-Enablement-Network-Under-India-Stack.png?resize=768%2C608&amp;ssl=1 768w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Open-Credit-Enablement-Network-Under-India-Stack.png?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Here\u2019s an example to explain the entire concept. A small farmer working in the hills of Uttarakhand can now avail of a small ticket-size loan by means of OCEN. He doesn\u2019t need to visit a bank branch or put his assets on a mortgage. He can simply avail of an inter-day or an intra-day loan via Aadhar verification.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Let\u2019s move further to understand how OCEN exactly work.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-does-open-credit-enablement-network-ocen-work\"><span class=\"ez-toc-section\" id=\"How_Does_Open_Credit_Enablement_Network_OCEN_Work\"><\/span>How Does Open Credit Enablement Network (OCEN) Work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As defined, OCEN is a framework of APIs developed over an agreed-upon framework between three-four players:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Borrowers:<\/strong> Individuals or MSMEs looking to source credit lines for various reasons.&nbsp;<\/li>\n\n\n\n<li><strong>Lenders:<\/strong> Banks, NBFCs, or other financial institutions with capital and access to core banking networks willing to offer credit lines to borrowers.&nbsp;&nbsp;<\/li>\n\n\n\n<li><strong>Loan Service Providers (LSPs):<\/strong> Any digital platform such as a web or mobile app that has an existing pool of customers interested in availing credit facilities.&nbsp;&nbsp;<\/li>\n\n\n\n<li><strong>Technology Service Providers (TSPs)<\/strong> &#8211; Fintech organisations that bring borrowers, lenders, and platforms onboard onto the OCEN protocol. Embedded Finance providers are an example of TSPs.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Each of these players has a key role to play in the entire lending process.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.cashfree.com\/blog\/lending-as-a-service\/\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">Lending service providers<\/mark><\/strong><\/a> act as agents for borrowers since they trust the LSPs&nbsp;<\/li>\n\n\n\n<li>TSPs offer the required plug-and-play capabilities and help reduce barriers to entry for any institution to carry out digital lending<\/li>\n\n\n\n<li>Lenders deploy capital while focusing their energies on risk and compliance<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-does-the-ocen-protocol-say\"><span class=\"ez-toc-section\" id=\"What_Does_The_OCEN_Protocol_Say\"><\/span>What Does The OCEN Protocol Say?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The OCEN protocol has been built on <strong>seven critical principles acronymed as MODEALS<\/strong>.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"770\" height=\"423\" data-attachment-id=\"8647\" data-permalink=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/the-ocen\/\" data-orig-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/The-OCEN.png?fit=1080%2C594&amp;ssl=1\" data-orig-size=\"1080,594\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"The-OCEN\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/The-OCEN.png?fit=770%2C423&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/cashfree.com\/blog\/wp-content\/uploads\/2022\/03\/The-OCEN-1024x563.png?resize=770%2C423&#038;ssl=1\" alt=\"OCEN protocol\" class=\"wp-image-8647\" srcset=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/The-OCEN.png?resize=1024%2C563&amp;ssl=1 1024w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/The-OCEN.png?resize=300%2C165&amp;ssl=1 300w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/The-OCEN.png?resize=768%2C422&amp;ssl=1 768w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/The-OCEN.png?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Minimalism &#8211;<\/strong> While OCEN enables lenders to offer tailored loan products to borrowers, it has standardized the entire application process. It has also defined all the components that stand as common denominators when issuing a loan. For instance, the interest rate, loan amount, terms and conditions, and so on.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Openness &#8211;<\/strong> Unlike many lending protocols, OCEN is built to aid interoperability and inclusion. This means it\u2019s not necessary for capital providers and LSPs to have a prior bilateral and proprietary connection. When an LSP implements OCEN API on its platform, it gets access to every other capital provider that has implemented the same on their own platforms, and vice versa. In short, it\u2019s an open platform for everyone to connect with each other and commence business.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Diversity:<\/strong> The entire MSME ecosystem is extremely diverse &#8211; be it products, services, adoption of new-age technology, and so on. OCEN in such an environment facilitates players of the ecosystem to innovate, collaborate, help one another and meet the financial needs.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Embeddability:<\/strong> Another interesting fact about OCEN protocol is that embeds the entire loan application process on its platform. This enables borrowers to leverage digital lending and partner with brands or organizations they trust.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Agnosticism: <\/strong>From a technical perspective, OCEN ensures that interoperability and flexibility between technology implementation and credit products are duly met. This will, in turn, enable new market players to offer tailored services to all the OCEN registered members.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Layered Innovation:<\/strong> The OCEN protocol uses 3 fundamental layers of IndiaStack to ensure safe and secure processing of loans. These are,<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Aadhaar card &#8211; to verify borrower\u2019s identity<\/li>\n\n\n\n<li>Account Aggregators &#8211;&nbsp; (for Data Authorisation)<\/li>\n\n\n\n<li><a href=\"https:\/\/www.cashfree.com\/upi-payment-gateway\/?utm_source=blog&amp;utm_medium=organic&amp;utm_campaign=open_credit_enablement_network\" target=\"_blank\" rel=\"noreferrer noopener\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">UPI<\/mark><\/strong><\/a> (for Processing Payments)<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Security:<\/strong> Most importantly, OCEN protocol is quite strict about data security. It implements strong encryption and authentication measures to protect customer data and prevent cyber breaches.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>digital public infrastructure (DPI)<\/strong>. It isn\u2019t a workaround or shadow system\u2014it\u2019s part of a broader government-backed vision to make finance inclusive, consent-based, and digital-first.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>&nbsp;How OCEN Ensures Security &amp; Compliance:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Built on RBI\u2019s DEPA framework<\/strong><strong><br><\/strong> OCEN operates within the <strong>Data Empowerment and Protection Architecture<\/strong>, ensuring that any user data shared is <strong>consent-driven, time-bound, and purpose-specific<\/strong>.<br><\/li>\n\n\n\n<li><strong>Account Aggregator (AA) Integration<\/strong><strong><br><\/strong> Borrowers don\u2019t need to upload PDFs or email statements. Instead, they approve a one-time consent for data fetch via RBI-regulated <strong>AA entities<\/strong>, making underwriting safer and tamper-proof.<br><\/li>\n\n\n\n<li><strong>Aadhaar + UPI + DigiLocker + GSTIN<\/strong><strong><br><\/strong> OCEN uses layers of India Stack to ensure secure authentication, verified cash flow signals, and instant digital loan execution.<br><\/li>\n\n\n\n<li><strong>No direct lending or P2P model risk<\/strong><strong><br><\/strong> Only <strong>regulated lenders<\/strong> (banks, NBFCs) disburse loans. Platforms and LSPs act as discovery layers\u2014not risk bearers\u2014ensuring regulatory clarity and lower liability.<br><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>&nbsp;Why This Matters for Your Business:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For any business integrating OCEN, regulatory questions often cause hesitation. But OCEN was built <strong>from day one with RBI compliance in mind<\/strong>, unlike most private credit APIs that operate in a grey zone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Whether you\u2019re a founder, product head, or legal stakeholder\u2014OCEN gives you a future-proof foundation for offering credit safely.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"OCEN_vs_the_World_Indias_Credit_Infrastructure_Advantage\"><\/span><strong>OCEN vs the World: India\u2019s Credit Infrastructure Advantage<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Most countries are trying to solve the same problem: <strong>how to make small-ticket credit accessible to underserved populations<\/strong>. The difference lies in how they build the infrastructure.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here\u2019s how OCEN compares with global credit models:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Region<\/strong><\/td><td><strong>Model<\/strong><\/td><td><strong>How It Works<\/strong><\/td><td><strong>OCEN Advantage<\/strong><\/td><\/tr><tr><td><strong>United States<\/strong><\/td><td>Embedded credit via Stripe Capital, Square Loans<\/td><td>Closed-loop credit using transaction data from a single platform (e.g., POS or eCommerce)<\/td><td>OCEN is open, allows any app to be an LSP<\/td><\/tr><tr><td><strong>Africa<\/strong><\/td><td>Mobile lending via M-Pesa, Tala, Branch<\/td><td>Microloans based on mobile usage or SMS data, often with high-interest rates<\/td><td>OCEN works with regulated lenders + AA data<\/td><\/tr><tr><td><strong>China<\/strong><\/td><td>Platform-led credit via Ant Group<\/td><td>Alipay &amp; Alibaba ecosystem uses behavioral scoring to underwrite users<\/td><td>OCEN separates infrastructure from ownership<\/td><\/tr><tr><td><strong>Europe<\/strong><\/td><td>PSD2 + Open Banking<\/td><td>APIs allow data-sharing, but lending remains largely bank-led<\/td><td>OCEN embeds lending directly inside any app<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Why India Is Leading with OCEN:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Public, not proprietary<\/strong>: OCEN is part of <strong>India Stack<\/strong>, not a private fintech solution.<br><\/li>\n\n\n\n<li><strong>Open by design<\/strong>: Anyone\u2014SaaS company, tax app, agri-tech platform\u2014can plug in.<br><\/li>\n\n\n\n<li><strong>Interoperable<\/strong>: OCEN is not tied to a single lender or borrower pool. It&#8217;s modular and network-based.<br><\/li>\n\n\n\n<li><strong>Global inspiration<\/strong>: If UPI is being replicated worldwide, <strong>OCEN could be next<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_OCEN_Matters_for_Business_Owners\"><\/span><strong>Why OCEN Matters for Business Owners<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Whether you\u2019re a D2C brand, a SaaS platform, or a digital-first bookkeeping tool, OCEN unlocks a powerful new revenue stream\u2014<strong>embedded credit<\/strong>. Instead of sending your users to banks or third-party loan apps, you can now become a loan distributor yourself\u2014without needing a lending license or compliance team.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>&nbsp;Real-World Use Cases:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>D2C Brands<\/strong><strong><br><\/strong> Offer \u201cBuy Now, Pay Later\u201d to customers directly at checkout by integrating with an OCEN-enabled Lending Service Provider (LSP). No need to build credit infrastructure from scratch.<br><\/li>\n\n\n\n<li><strong>B2B SaaS Platforms<\/strong><strong><br><\/strong> If your software manages invoicing or payments for SMEs, you can partner with a TSP and offer invoice discounting or working capital loans\u2014monetizing your data with zero risk exposure.<br><\/li>\n\n\n\n<li><strong>Gig &amp; Creator Marketplaces<\/strong><strong><br><\/strong> Allow freelancers or delivery agents to access credit lines based on transaction volume and history\u2014directly within your platform, enabled by Account Aggregators and OCEN.<br><\/li>\n\n\n\n<li><strong>Payment Gateways \/ Tax Filing Tools<\/strong><strong><br><\/strong> Turn user data into eligibility signals. With minimal dev work, your platform can become a mini credit marketplace serving users in context.<br><\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>&nbsp;Benefits for Business Operators:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>New Revenue Streams<\/strong>: Earn a commission every time credit is disbursed via your platform<br><\/li>\n\n\n\n<li><strong>Increased User Stickiness<\/strong>: Credit as a value-added service = lower churn<br><\/li>\n\n\n\n<li><strong>No Compliance Headaches<\/strong>: Risk is owned by lender; you enable discovery and distribution<br><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Faster Go-to-Market<\/strong>: Plug-and-play APIs via OCEN make setup lightweight and modular<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-will-ocen-work-nbsp\"><span class=\"ez-toc-section\" id=\"How_Will_OCEN_Work\"><\/span>How Will OCEN Work?&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">At present, the current OCEN framework on the Sahay app (the official handle) can be used for invoice discounting.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, it is expected that in the next couple of years, the IndiaStack team along with other stakeholders will expand the operations of the system and make it a household name. They\u2019re hoping that as simple as a small grocery shop owner will be able to easily apply for interday and intraday loans through their smartphones, simply by sharing their business transaction history.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As of date, about 30 institutions including traditional banks, neobanks, khata book companies, and tax filing applications are running pilot tests to gauge the ability of the technology and analyse its true potential.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-benefits-of-ocen\"><span class=\"ez-toc-section\" id=\"Benefits_of_OCEN\"><\/span>Benefits of OCEN<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">After the massive success of the UPI mobile payment platform, veterans are now banking on the easy adoption of OCEN in the Indian lending market. Listed below are some pressing concerns that OCEN is expected to address and bring about the much-needed change in the lending side of the financial industry.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"770\" height=\"433\" data-attachment-id=\"8650\" data-permalink=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/benefits-of-ocen\/\" data-orig-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Benefits-of-OCEN.png?fit=1080%2C608&amp;ssl=1\" data-orig-size=\"1080,608\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Benefits-of-OCEN\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Benefits-of-OCEN.png?fit=770%2C433&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/cashfree.com\/blog\/wp-content\/uploads\/2022\/03\/Benefits-of-OCEN-1024x576.png?resize=770%2C433&#038;ssl=1\" alt=\"benefits of open credit enablement network\" class=\"wp-image-8650\" srcset=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Benefits-of-OCEN.png?resize=1024%2C576&amp;ssl=1 1024w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Benefits-of-OCEN.png?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Benefits-of-OCEN.png?resize=768%2C432&amp;ssl=1 768w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Benefits-of-OCEN.png?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Meaning, that the introduction of LSPs has also transformed the lending behaviour of the entire ecosystem. Here\u2019s the key difference that happened.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"770\" height=\"691\" data-attachment-id=\"8652\" data-permalink=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/traditional-vs-ocen-based-lending-system\/\" data-orig-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Traditional-Vs-OCEN-based-Lending-System.png?fit=1080%2C969&amp;ssl=1\" data-orig-size=\"1080,969\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Traditional-Vs-OCEN-based-Lending-System\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Traditional-Vs-OCEN-based-Lending-System.png?fit=770%2C691&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/cashfree.com\/blog\/wp-content\/uploads\/2022\/03\/Traditional-Vs-OCEN-based-Lending-System-1024x919.png?resize=770%2C691&#038;ssl=1\" alt=\"traditional vs OCEN-based lending system\" class=\"wp-image-8652\" srcset=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Traditional-Vs-OCEN-based-Lending-System.png?resize=1024%2C919&amp;ssl=1 1024w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Traditional-Vs-OCEN-based-Lending-System.png?resize=300%2C269&amp;ssl=1 300w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Traditional-Vs-OCEN-based-Lending-System.png?resize=768%2C689&amp;ssl=1 768w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Traditional-Vs-OCEN-based-Lending-System.png?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-lending-service-providers-the-link-between-ocen-and-financial-inclusion-nbsp\"><span class=\"ez-toc-section\" id=\"Lending_Service_Providers_The_Link_Between_OCEN_And_Financial_Inclusion\"><\/span>Lending Service Providers: The Link Between OCEN And Financial Inclusion&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The entire functionality of OCEN depends on lenders and digital platforms. They need to adopt and adhere to the API specs for the concept to work and make a difference. However, there\u2019s a gap between OCEN and financial inclusion.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Lending Service Providers fill this gap. They provide the necessary technology, models, insights, and advanced analytics to develop innovative lending products and ensure their success in the financial market.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"770\" height=\"433\" data-attachment-id=\"8655\" data-permalink=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/new-cash-flow-based-lending-model\/\" data-orig-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/New-Cash-Flow-Based-Lending-Model.png?fit=1080%2C608&amp;ssl=1\" data-orig-size=\"1080,608\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"New-Cash-Flow-Based-Lending-Model\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/New-Cash-Flow-Based-Lending-Model.png?fit=770%2C433&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/cashfree.com\/blog\/wp-content\/uploads\/2022\/03\/New-Cash-Flow-Based-Lending-Model-1024x576.png?resize=770%2C433&#038;ssl=1\" alt=\"new cash flow-based lending model \" class=\"wp-image-8655\" srcset=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/New-Cash-Flow-Based-Lending-Model.png?resize=1024%2C576&amp;ssl=1 1024w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/New-Cash-Flow-Based-Lending-Model.png?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/New-Cash-Flow-Based-Lending-Model.png?resize=768%2C432&amp;ssl=1 768w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/New-Cash-Flow-Based-Lending-Model.png?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Here\u2019s what\u2019s entailed.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Modify the entire business process along with the tech stack of the lenders and LSPs in accordance with OCEN protocols<\/li>\n\n\n\n<li>Develop a secure loan application platform and optimise the customer journey<\/li>\n\n\n\n<li>Partner with Fintechs backed by multiple lenders, LSPs, and a robust credit enablement ecosystem<\/li>\n\n\n\n<li>Craft business rules and regulations pertaining to the needs and demands of the parties involved<\/li>\n\n\n\n<li>Develop a line of communication and a layer of service for borrowers in collaboration with the parties involved<\/li>\n\n\n\n<li>Draft a robust payment reconciliation layer<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"770\" height=\"747\" data-attachment-id=\"8672\" data-permalink=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/five-primary-aspects-of-lending-1\/\" data-orig-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Five-Primary-Aspects-of-Lending-1.png?fit=1080%2C1047&amp;ssl=1\" data-orig-size=\"1080,1047\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Five-Primary-Aspects-of-Lending-1\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Five-Primary-Aspects-of-Lending-1.png?fit=770%2C747&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/cashfree.com\/blog\/wp-content\/uploads\/2022\/03\/Five-Primary-Aspects-of-Lending-1-1024x993.png?resize=770%2C747&#038;ssl=1\" alt=\"how does LSP bring value to Five aspects of Lending in OCEN\" class=\"wp-image-8672\" srcset=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Five-Primary-Aspects-of-Lending-1.png?resize=1024%2C993&amp;ssl=1 1024w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Five-Primary-Aspects-of-Lending-1.png?resize=300%2C291&amp;ssl=1 300w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Five-Primary-Aspects-of-Lending-1.png?resize=768%2C745&amp;ssl=1 768w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Five-Primary-Aspects-of-Lending-1.png?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-who-can-become-a-lending-service-provider\">Who can become a Lending Service Provider?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Any organisation or entity that can fill in the gap between a borrower and a lender can be an LSP with the help of the OCEN framework. For instance, a company that files taxes or creates legal documents, neobanks, B2B eCommerce platforms, and payment gateways like Cashfree Payments, can turn into an LSP and bridge the much-needed gap.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.cashfree.com\/blog\/top-neobanks-in-india\/?utm_source=blog&amp;utm_medium=organic&amp;utm_campaign=open_credit_enablement_network\"><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-purple-color\">Related Read: Top 16 Neobanks In India<\/mark><\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"770\" height=\"632\" data-attachment-id=\"8661\" data-permalink=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/ocen-widens-scope-of-opportunities-for-fintechs\/\" data-orig-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/OCEN-Widens-Scope-of-Opportunities-for-Fintechs.png?fit=1080%2C886&amp;ssl=1\" data-orig-size=\"1080,886\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"OCEN-Widens-Scope-of-Opportunities-for-Fintechs\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/OCEN-Widens-Scope-of-Opportunities-for-Fintechs.png?fit=770%2C632&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/cashfree.com\/blog\/wp-content\/uploads\/2022\/03\/OCEN-Widens-Scope-of-Opportunities-for-Fintechs-1024x840.png?resize=770%2C632&#038;ssl=1\" alt=\"OCEN wides the scope of opportunity for fintechs\n\" class=\"wp-image-8661\" srcset=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/OCEN-Widens-Scope-of-Opportunities-for-Fintechs.png?resize=1024%2C840&amp;ssl=1 1024w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/OCEN-Widens-Scope-of-Opportunities-for-Fintechs.png?resize=300%2C246&amp;ssl=1 300w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/OCEN-Widens-Scope-of-Opportunities-for-Fintechs.png?resize=768%2C630&amp;ssl=1 768w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/OCEN-Widens-Scope-of-Opportunities-for-Fintechs.png?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Collaboration between lenders and LSPs can improve<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Collections<\/li>\n\n\n\n<li>Underwritings<\/li>\n\n\n\n<li>Customer acquisition&nbsp;<\/li>\n\n\n\n<li>Monitoring finances<\/li>\n\n\n\n<li>Overall ROI<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The end goal that OCEN aims to achieve through its meticulous yet streamlined method is to democratise credit and ensure credit reaches anyone and everyone in need of a loan.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ocen-the-ultimate-platform-for-msmes\"><span class=\"ez-toc-section\" id=\"OCEN_The_Ultimate_Platform_For_MSMEs\"><\/span>OCEN: The Ultimate Platform For MSMEs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As stated earlier, the MSME sector is facing a credit gap of about USD 330 billion. This is keeping the segment from flourishing and growing at a faster pace.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The introduction of OCEN, however, serves as a blessing in disguise for the MSMEs.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">OCEN\u2019s open protocols have been built to innovate the loan process at every step. It will help regulate credit lines and even ensure that every service provider is able to offer credit by just integrating to the OCEN platform.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>100% Digital&nbsp;<\/li>\n\n\n\n<li>Instrumental in the rise of credit marketplace&nbsp;<\/li>\n\n\n\n<li>Easy for lenders to implement OCEN application programming interfaces<\/li>\n\n\n\n<li>Digitised loan process making it easy for lenders to disburse credit&nbsp;&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-but-will-ocen-be-able-to-solve-the-struggles-of-msmes\">But, will OCEN be able to solve the struggles of MSMEs?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">While speculations do surround the question, many believe that OCEN will be a huge success in the Indian market. It will rapidly increase the availability of credit to small and medium enterprises, especially the ones that are already digitized. OCEN will give them the leverage to grow and overcome financial challenges. However, MSMEs that operate in limited data zone or low digital footprint will continue to face issues as lenders will need more proof before disseminating funds.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"770\" height=\"577\" data-attachment-id=\"8663\" data-permalink=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/quick-view-of-the-lending-value-chain-cash-flow-and-emerging-opportunities\/\" data-orig-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Quick-View-Of-The-Lending-Value-Chain-Cash-Flow-And-Emerging-Opportunities.png?fit=1080%2C809&amp;ssl=1\" data-orig-size=\"1080,809\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Quick-View-Of-The-Lending-Value-Chain-Cash-Flow-And-Emerging-Opportunities\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Quick-View-Of-The-Lending-Value-Chain-Cash-Flow-And-Emerging-Opportunities.png?fit=770%2C577&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/cashfree.com\/blog\/wp-content\/uploads\/2022\/03\/Quick-View-Of-The-Lending-Value-Chain-Cash-Flow-And-Emerging-Opportunities-1024x767.png?resize=770%2C577&#038;ssl=1\" alt=\"quick view of the lending value chain cash flow and emerging opportunities\" class=\"wp-image-8663\" srcset=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Quick-View-Of-The-Lending-Value-Chain-Cash-Flow-And-Emerging-Opportunities.png?resize=1024%2C767&amp;ssl=1 1024w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Quick-View-Of-The-Lending-Value-Chain-Cash-Flow-And-Emerging-Opportunities.png?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Quick-View-Of-The-Lending-Value-Chain-Cash-Flow-And-Emerging-Opportunities.png?resize=768%2C575&amp;ssl=1 768w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/Quick-View-Of-The-Lending-Value-Chain-Cash-Flow-And-Emerging-Opportunities.png?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-future-of-ocen\"><span class=\"ez-toc-section\" id=\"Future_of_OCEN\"><\/span>Future of OCEN<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The introduction of the OCEN is expected to be the next big disruption in the Indian lending space. Its impact is anticipated to be the same as that of UPI in the digital payment system. Such market innovations are the ground for building smart business environments that not only benefits the general population but the economy as a whole.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"770\" height=\"348\" data-attachment-id=\"8666\" data-permalink=\"https:\/\/blogrevamp.cashfree.com\/open-credit-enablement-network-ocen\/oppvsocp\/\" data-orig-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/oppvsocp.png?fit=1080%2C488&amp;ssl=1\" data-orig-size=\"1080,488\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"oppvsocp\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/oppvsocp.png?fit=770%2C348&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/cashfree.com\/blog\/wp-content\/uploads\/2022\/03\/oppvsocp-1024x463.png?resize=770%2C348&#038;ssl=1\" alt=\"open credit protocol excels as similar to UPI\" class=\"wp-image-8666\" srcset=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/oppvsocp.png?resize=1024%2C463&amp;ssl=1 1024w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/oppvsocp.png?resize=300%2C136&amp;ssl=1 300w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/oppvsocp.png?resize=768%2C347&amp;ssl=1 768w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/oppvsocp.png?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Once OCEN is launched in its full capacity, experts claim that it will not only digitise the entire lending process but ease credit availing facility for everyone, especially individuals and MSMEs. Moreover, the platform\u2019s infrastructure also holds the potential to innovate retail micro-lending products and services and open new business avenues for banks, NBFCs, and other lending institutions. It won\u2019t be a surprise to see more and more players jump into this space and develop even better products and services.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">All-in-all the concept of open credit enablement network in India is another step by the country to move in the direction of complete digitisation and make India the nation to get inspired from.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span>Frequently Asked Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>What is OCEN in India?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">OCEN or Open Credit Enablement Network is a disruptive architecture developed to digitize as well as streamline the entire lending system of India. It aims to increase credit access, especially for individuals and small businesses in India, by collaborating efforts with lenders, lending service providers and technology service providers.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What is OCEN lending?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">OCEN defines a set of open standards that facilitate easy communication between various players present in the lending value chain. It basically creates a common language for these players to collaborate and participate in the lending process. For instance, OCEN provides a platform for borrowers, lenders, and lending service providers to interact with one another and commence business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What is OCEN API?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">OPEN is a framework of application performance interfaces (APIs) that enable easy interaction between lenders, loan service providers (LSPs), and account aggregators. They help streamline the entire process putting each player in a win-win situation. For example, the APIs allow Fintechs to check the creditworthiness of a business, say an eCommerce, through the OCEN platform, further extending the loan. The concept is quite simple and will ensure that anyone can avail a loan by simply furnishing some basic details.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What is embedded finance?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also known as embedded banking, embedded finance refers to the seamless integration of newly developed financial services into the legacy non-financial services. It provides an infrastructure to customer-facing digital platforms to integrate or embed financial services on their platforms and increase adoption. Some significant examples of embedded finance include,<br>&#8211; Embedded payments&nbsp;<br>&#8211; Embedded credit<br>&#8211; Embedded insurance&nbsp;<br>&#8211; Embedded investments<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Related Post<\/h4>\n\n\n\n<ul><li><a href='https:\/\/www.cashfree.com\/blog\/open-banking-api\/'>Open Banking API<\/a><\/li><li><a href='https:\/\/www.cashfree.com\/blog\/payment-success-page\/'>Payment Success Page<\/a><\/li><li><a href='https:\/\/www.cashfree.com\/blog\/test-cases-for-payment-gateway\/'>Payment Gateway Test Case<\/a><\/li><li><a href='https:\/\/www.cashfree.com\/blog\/banking-as-a-service-baas\/'>Banking As a Service<\/a><\/li><li><a href='https:\/\/www.cashfree.com\/blog\/types-of-e-wallets\/'>E-wallte Types<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s digital finance transformation didn\u2019t stop at UPI.\u00a0 The next frontier is credit.&nbsp; The Open Credit Enablement Network (OCEN) is an API-based framework aiming to rewire how loans are distributed\u2014especially for underserved MSMEs and individuals by turning any trusted platform into a loan distribution channel. In this blog, we aim to help you understand: What<\/p>\n","protected":false},"author":29,"featured_media":6613,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1,1525],"tags":[],"class_list":["post-6570","post","type-post","status-publish","format-standard","has-post-thumbnail","category-all","category-banking"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Open Credit Enablement Network - Disrupting the Indian Lending System<\/title>\n<meta name=\"description\" content=\"What is Open Credit Enablement Network or OCEN? Can it really bring about a UPI moment for lending? Read on for answers!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cashfree.com\/blog\/open-credit-enablement-network-ocen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Open Credit Enablement Network - Disrupting the Indian Lending System\" \/>\n<meta property=\"og:description\" content=\"Open Credit Enablement Network is a framework of APIs that allow borrowers to easily interact with lenders and get small credit loans. Read to know more.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cashfree.com\/blog\/open-credit-enablement-network-ocen\/\" \/>\n<meta property=\"og:site_name\" content=\"Cashfree Payments Blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-21T11:21:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-28T06:23:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/03\/OCEN_Thumbnail-1.png?fit=1080%2C720&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Astha Khandelwal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Open Credit Enablement Network - Disrupting the Indian Lending System\" \/>\n<meta name=\"twitter:description\" content=\"Open Credit Enablement Network is a framework of APIs that allow borrowers to easily interact with lenders and get small credit loans. 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