New Delhi, Feb. 17 -- At the AI-India Impact Summit, Mastercard demonstrated readiness for a new era of AI-powered payments as the financial technology sector shifts toward automated, conversational commerce. Speaking to ANI on the sidelines of the Summit, Gautam Aggarwal, President, India & South Asia, Mastercard, stated that the current landscape of digital transactions is transitioning from fragmented app-based interactions to seamless, AI-driven experiences.

He noted that while consumers currently navigate multiple applications for daily tasks like bill payments or food ordering, the integration of intelligent agents will soon automate these processes through single conversational interfaces.

Aggarwal highlighted the shift away from...