Pine Labs launches P3P, a UPI protocol letting AI agents execute payments autonomously
P3P enables AI agents to transact on UPI within pre-authorised limits. Live with Gullak for digital gold; Vijay Sales piloting price-triggered electronics buys. Retail, fintech and travel deployments underway, opening agentic commerce rails for Indian merchants.
What happened
Pine Labs launched P3P, a UPI payments protocol enabling AI agents to autonomously execute transactions within pre-authorised limits. Live with Gullak for
Why this matters
P3P creates a defensible UPI-layer moat that incumbent PSPs and aggregators will need to partner, license, or counter-build before agentic commerce volumes consolidate.