Launch
Pine Labs launches P3P for AI agent payments
By Startup Enthusiast ·
- Date
- Company
- Pine Labs
- What it does
- P3P agentic payments
- Kind
- Launch
What they do
Pine Labs launched the Pine Labs Payment Protocol, letting AI agents complete UPI payments on a user's behalf in June 2026
What happened
The user gives a standing instruction once, with a spending limit, and the agent pays within it
Why it matters
It builds on UPI mandate systems and raised questions on liability and privacy
The details
- P3P lets AI agents pay via UPI without per-payment approval.
- A one-time mandate sets the limit.
- Experts flagged liability and privacy questions.
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