India Prepares Framework for AI-Led Payments on UPI

India is preparing a framework that would allow artificial intelligence agents to make small digital payments on the Unified Payments Interface (UPI) without requiring approval for every transaction, according to three sources familiar with the matter. The move could make UPI one of the world's largest networks supporting agentic payments.

The proposed framework, called the Unified Agent Protocol, is likely to be unveiled next week at the Global Fintech Fest in Mumbai, the sources said, requesting anonymity as the details are private. The National Payments Corporation of India (NPCI), which operates UPI, did not immediately respond to queries from Reuters seeking comment. The proposal has not been formally confirmed by NPCI.

UPI is the world's largest retail fast-payment system by transaction volume, according to a 2025 IMF report. In August, it processed 24.51 billion transactions worth ₹29.82 lakh crore, with Google Pay and Walmart's PhonePe accounting for around three-fourths of monthly transaction volumes.

Early Use Cases and Mechanisms

Low-value, frequent purchases such as groceries are likely to be among the first use cases, according to one of the sources. E-commerce platforms are well-placed to capture early demand. The sources said NPCI expects use cases to eventually become more sophisticated, with AI agents potentially able to place orders based on sale offers and discounts and make investments based on specified price thresholds.

The protocol is expected to draw on two existing UPI mechanisms: UPI Circle, which lets a primary account holder delegate payment authority to a secondary user such as an AI agent, and Reserve Pay, which lets customers block funds for multiple debits. Banks currently cap such blocks at ₹10,000 for up to 90 days, though this limit and its validity may be revisited for agentic use, the sources added.

Safeguards and Infrastructure

NPCI is expected to provide infrastructure allowing merchants to integrate with the system, letting customers set rules covering how much an AI agent can spend and when it can make a payment. Spending limits, identity checks, and audit trails are among the safeguards being considered, according to reports. The NPCI also plans to establish a liability framework, although details were not available.

Global Context and Private Sector Efforts

India's effort is part of a broader global push toward agent-led commerce. Mastercard has developed Agent Pay, an infrastructure for AI agents to conduct payments, and has already conducted agentic commerce transactions with businesses in India. Visa has been developing infrastructure for agent-led commerce as well. In India, Mastercard completed its first authenticated agentic transaction in New Delhi in June. Fintech companies including Pine Labs have been developing infrastructure for AI-led payments; Pine Labs launched its own agentic protocol, P3P, which lets AI agents complete UPI payments after a single upfront authorisation.

The framework remains a proposed development, with final features depending on NPCI's formal announcement.