This page may contain stale information. Last updated: 2026-06-12
Definition
P3P (Pine Labs Payment Protocol) is an agentic payment infrastructure enabling AI agents to execute UPI transactions without real-time human authentication, using upfront mandate authorization with spending limits and audit controls.
Key Points
- Extends UPI one-time mandates and Reserve Pay to agent-delegated-payments
- Integrates grantex for identity verification and delegated authorization
- Uses x402 HTTP 402 for machine-readable payment challenges
- Challenge → verify → capture cycle via Pine Labs SDK
- Users retain revocation controls and spending caps
Live Deployments (June 2026)
- gullak: Rule-based gold purchases when price thresholds hit
- vijay-sales: Target-price electronics POC
Competitive Context
razorpay agentic payments (March 2026) require final customer consent — partial autonomy vs P3P’s mandate-delegated full autonomy within limits.