Pine Labs Launches India's First Agentic Payment Protocol on UPI

Pine Labs has launched P3P (Pine Labs Payment Protocol), India's first agentic payment protocol built on UPI. This innovation allows AI agents to complete UPI payments without human authentication, addressing a key limitation in agentic commerce. P3P extends UPI's mandate framework, enabling autonomous transactions by allowing consumers to authorize a single upfront mandate. Grantex provides verifiable identity and spend controls, while HTTP 402 standardizes machine-readable payment requests. The protocol is live in production, with early adopters like Gullak and Vijay Sales exploring its capabilities for automated savings and deal-seeking purchases, positioning India at the forefront of the growing agentic commerce market.