1. AI agents may soon make small payments on UPI

AI agents may soon make small payments on UPI

Technology

  • The National Payments Corporation of India is preparing rules for AI agents to make small digital payments on UPI.
  • Users could permit an AI agent to pay within fixed spending limits and under conditions chosen in advance.
  • AI could order groceries or other items and complete payments without asking for approval on every purchase.
  • The system may include identity checks, audit trails and liability rules, but no launch date is confirmed.

Source: economictimes.indiatimes.com

Get 100 stories a day on the app Read, watch & listen · Free on iOS & Android

Newer

Older