New Launch8 Oct 2025, 09:49 am
Phronetic AI Launches PayCentral.ai: India’s First Agentic Payment Platform
AI Summary
Phronetic AI, backed by Infibeam Avenues Ltd, has introduced PayCentral.ai, a pioneering Agentic Payment Platform in India. This platform allows AI agents to transact on behalf of merchants and enterprises, integrating seamlessly with existing payment gateway providers. Built on Google’s AP2, PayCentral.ai creates a unified layer of autonomous, auditable, and secure payment orchestration, enabling merchants to allow AI agents to create dynamic payment links, handle refunds, manage subscriptions, and reconcile accounts without human intervention. The platform is designed to meet enterprise and regulatory requirements, with compliance-ready logs and sensitive data staying within the geographical borders.
Key Highlights
- Universal Interoperability with AP2
- Aggregator-First Architecture with multiple RBI approved MCP enabled Payment Aggregators
- Autonomous Merchant Services with Al agents dynamically creating links, processing refunds, and managing subscriptions
- Secure & Auditable with compliance-ready logs and traceable transactions
- Sovereign Deployment for Compliance
- Scalable Future with micropayments, recurring billing and Al-driven commerce at national scale