New Delhi, Feb. 18 -- Even as India's digital payments ecosystem continues to expand at an unmatched scale, it now finds new territory. Mastercard, at the India AI Impact Summit 2026, has demonstrated the first authenticated agentic commerce transactions in India. The financial tech giant insist they are working with AI companies as well as fintechs and merchants, to accelerate AI-led commerce in India and indeed the Asia Pacific region.

The first payments were done on Mastercard cards issued by Axis Bank and RBL Bank, for tokenised agentic purchases using Cashfree Payments, Juspay, PayU and Razorpay payment aggregators on merchants including Swiggy, Instamart, Vi and Tira. This is aligned with the Mastercard Agent Pay framework, a set o...