Pine Labs launches AI-driven agentic payment protocol

New Delhi [India], June 11 (ANI): India’s e-commerce wave is entering its next phase as agentic AI makes its way to UPI transactions. Pine Labs, a merchant commerce platform, launched a payment protocol, P3P, allowing the completion of a UPI payment without any human authentication.

The P3P payment protocol works by extending the UPI’s existing mandate into payments triggered by AI agents.