PhonePe AI Agent: Payment Gateway Integration in Minutes

PhonePe has launched an AI agent that cuts payment gateway integration time for merchants from weeks to mere minutes. This new tool means businesses, especially small and medium-sized ones, no longer need deep technical expertise to get set up. Here's the thing: PhonePe's Chief Technology Officer, Rahul Chari, says this AI agent specifically collapses that long integration timeline. What's interesting is PhonePe already has over 50 million registered merchants across India, covering 98% of the country's postal codes. They've grown by simplifying digital entry points for small businesses, helping them move away from cash. The bottom line: This innovation makes it much easier and faster for businesses to embrace digital payments, fostering greater financial inclusion.