A new phase of digital payments may be emerging, where AI agents can complete transactions with little manual intervention. This could involve AI agents recognizing users, evaluating purchases, and processing payments. A framework called the Unified Agent Protocol may be introduced, which would allow AI agents to make small UPI transactions without requiring approval for each payment.

Further details about the proposal are available, but the National Payments Corporation of India has not formally confirmed it. The potential development comes as UPI transactions have reached a record high.

More information about the proposed framework can be found in the original report.