Pine Labs has introduced the Pine Labs Payment Protocol (P3P) enabling AI agents to make autonomous UPI payments in India after a single upfront authorization. Using existing UPI One Time Mandates and Reserve Pay, agents can now complete shopping, bookings, and transactions without repeated human authentication. Security is maintained through Grantex, a permission layer that enforces spending limits and transaction records. Early applications include automated gold purchases on Gullak when prices hit targets. This breakthrough could revolutionize e-commerce by creating personal AI shoppers. However, regulatory clarity from RBI remains pending.
Pine Labs has introduced the Pine Labs Payment Protocol (P3P) enabling AI agents to make autonomous UPI payments in India after a single upfront authorization. Using existing UPI One Time Mandates and Reserve Pay, agents can now complete shopping, bookings, and transactions without repeated human authentication. Security is maintained through Grantex, a permission layer that enforces spending limits and transaction records. Early applications include automated gold purchases on Gullak when prices hit targets. This breakthrough could revolutionize e-commerce by creating personal AI shoppers. However, regulatory clarity from RBI remains pending.