Pine Labs unveils P3P protocol enabling AI agents to execute UPI transactions autonomously
Pine Labs launched P3P, a payments protocol letting AI agents transact on UPI within pre-authorised mandates. Gullak is live for gold investing; Vijay Sales pilots auto-purchase at target prices. Retail, fintech and travel deployments are underway, opening agentic commerce rails for Indian merchants.
What happened
Pine Labs launched P3P, a payments protocol enabling AI agents to execute UPI transactions autonomously within pre-authorised mandates. Live with Gullak for
Why this matters
Evaluate partnership or investment exposure to P3P-enabled merchants and agent orchestrators, while pressure-testing whether our roadmap needs an agentic-payments tuck-in before the rail standardizes.