When AI Starts Spending for You: Is India Ready for Agentic UPI?
Imagine telling an AI assistant to buy my groceries every week, but keep each order below INR2,000. You don’t open a payment app, scan a QR code or approve every transaction. The AI agent makes the decision within the limits you gave it.
That is the promise of agentic payments, and India’s Unified Payments Interface (UPI) is moving toward that possibility.
UPI already made digital payments almost frictionless for people. The next challenge is deciding how much of that friction can safely be removed when the payer is no longer a person making the final click.
The National Payments Corporation of India (NPCI) is developing a registry to identify, verify and monitor AI agents that make payments on behalf of users as part of its proposed Unified Agentic Protocol (UAP), according to Reuters reporting. NPCI chairman Ajay Kumar Choudhary has also said the organization is examining protocols to identify and...
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