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…

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