Agentic Payments on ChatGPT: Razorpay, NPCI and OpenAI Tie Up
Why in the news
Three players brought UPI into a chat assistant, billed as a first for conversational AI and UPI.
Key facts
- Partners: Razorpay, NPCI, OpenAI.
- Agentic Payments: users shop and pay without leaving the chat window.
- Status: pilot, early partnerships, limited access.
- Banks: Axis Bank and Airtel Payments Bank, using UPI Circle and UPI Reserve Pay.
- Runs on Razorpay’s payment base for AI-native UPI transactions.
Exam angle
- Term: agentic payments; theme: AI-driven commerce.
- UPI features named: UPI Circle, UPI Reserve Pay.