India to enable AI-powered small UPI transactions: Report

According to a Reuters report, the NPCI is developing a system that will allow AI agents to process minor payments via UPI without needing manual authorization for each one. This new Unified Agent Protocol is expected to be introduced next week during the Global Fintech Fest held in Mumbai. Initial applications for this technology are anticipated to include routine, low-cost expenses like grocery shopping.

by shortkt.com
4 hours ago
India to enable AI-powered small UPI transactions: Report | ShortKT