Cruise Money previews AI agentic prepaid card; rollout awaits regulatory approvals
Cruise Money showcased an AI-driven prepaid card in Mumbai that can execute user-approved payments for travel, groceries, subscriptions and utilities. The card is issued by LivQuik and powered by M2P Fintech; waitlist access is planned in phases after approvals.
What happened
Cruise Money previewed an AI-driven agentic prepaid card in Mumbai, issued by LivQuik and powered by M2P, enabling user-approved automated payments for travel,
Key facts
- 2026
- 18 months
What changed
Cruise Money previewed an AI-driven agentic prepaid card in Mumbai, issued by LivQuik and powered by M2P, enabling user-approved automated payments for travel, groceries, subscriptions and utilities. Public rollout remains subject to regulatory approvals.
Why this matters
Cruise Money’s AI-driven prepaid card signals a potential new payment automation channel for travel, groceries, subscriptions and utilities, though operators should treat it as exploratory until regulatory approvals and phased access arrive.
What to watch
- Regulatory approval status and any RBI conditions governing prepaid instruments, delegated payment mandates, card tokenization, KYC and transaction authentication.
- Whether approvals permit standing agent mandates or require a fresh user confirmation for each payment.
- Launch details on card limits, merchant-category coverage, domestic versus international usage and UPI linkage.
- Fraud, chargeback, mistaken-purchase or account-takeover incidents during pilots and the stated customer-liability policy.
- Announcements from banks, UPI apps, card networks, wallets or major fintechs introducing AI-assisted payment and recurring-spend features.