Razorpay, Cashfree & Co Are Jumping On The Agentic AI Bandwagon

Amid intensifying competition in the payment aggregator space, Indian fintech startups are jumping on to the agentic AI bandwagon and eyeing AI-readiness to retain merchants and online marketplaces. 

Specifically, PAs such as Razorpay, Cashfree and PayU have integrated model context protocol (MCP) standards to create agent-like functionality for merchants on their payment gateways and settlement platforms.

MCP is a standard developed by Silicon Valley AI giant Anthropic to standardise how AI models interact with external tools, systems, and…