TLDR: Phronetic AI, an AI technology firm backed by Infibeam Avenues Ltd, has launched PayCentral.ai, India’s inaugural agentic payment platform. This innovative system empowers AI agents to autonomously manage payments, refunds, and subscriptions for businesses, integrating with existing payment infrastructure and leveraging Google’s AP2 protocol. The launch has positively impacted Infibeam Avenues’ stock performance.
Gandhinagar, October 8, 2025 – Phronetic AI, a pioneering full-stack Agentic AI platform and an AI technology company supported by Infibeam Avenues Ltd, today announced the official launch of PayCentral.ai. This groundbreaking platform marks a significant milestone as India’s first Agentic Payment Platform, designed to enable artificial intelligence agents to conduct transactions on behalf of merchants and enterprises, heralding a new era of automated digital commerce.
PayCentral.ai is engineered as an intelligent payment infrastructure layer that seamlessly integrates with existing payment gateway providers and various other payment platforms. Its core function is to empower merchant networks to deliver faster, more automated, and intelligent payment experiences. The platform represents a foundational leap towards the future of Agent-to-Agent (A2A) payments, transforming the landscape of digital transactions.
Built upon Google’s AP2 (Agent Payment Protocol), PayCentral.ai is designed to operate atop multiple Payment Aggregators’ MCPs (Merchant Control Panels), thereby creating a unified layer of autonomous, auditable, and secure payment orchestration. This integration allows merchants to delegate critical payment tasks to AI agents, including the creation of dynamic payment links, processing refunds, managing subscriptions, and reconciling accounts—all without direct human intervention.
Rajesh Kumar S A, CEO of Phronetic AI, emphasized the transformative potential of this innovation, stating, “Agentic Payments are the next frontier in digital commerce. By integrating Google’s AP2 standards with MCPs of India’s leading payment aggregators and our Agent Operating System, we are building a secure, auditable, and scalable ecosystem where any AI agent can pay, and any AI agent can be paid.”
Key highlights of PayCentral.ai include:
Universal Interoperability: Leveraging AP2, the platform ensures that AI agents can transact seamlessly across diverse platforms and services, encompassing multiple underlying Payment Service Providers (PSPs).
Aggregator-First Architecture: It is integrated with multiple RBI-approved MCP-enabled Payment Aggregators, commencing with CCAvenue, to ensure broad market reach and redundancy.
Autonomous Merchant Services: AI agents are capable of dynamically creating payment links, processing refunds, and managing subscriptions independently.
Secure & Auditable: Every transaction conducted through the platform is traceable via Phronetic AI’s Agent Operating System, complete with compliance-ready logs, ensuring robust security and accountability.
Scalable Future: The platform unlocks capabilities for micropayments, recurring billing, and AI-driven commerce at a national scale, supporting sovereign data deployment.
Phronetic AI, recognized as India’s first full-stack Agentic AI platform, is dedicated to pioneering autonomous agents that operate across both digital and physical domains. Its innovative portfolio includes proprietary vision-language models (Owlet), reasoning models (RZN), and the Agent Operating System (AOS). PayCentral.ai extends this vision into the realm of payments, fostering a secure and auditable ecosystem for AI-native commerce.
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The launch had an immediate positive effect on Infibeam Avenues Ltd’s stock. On October 8, 2025, the company’s shares opened at ₹18.19, marking a 3.97% increase from its previous close of ₹18.15. The stock reached an intraday high of ₹20.00 and was trading at ₹18.87 by 1:14 PM, contributing to a market capitalization of ₹5,279.67 crore. Infibeam Avenues, a global fintech company, offers digital payment solutions, AI platforms, and enterprise software, having processed transactions worth INR 8.67 trillion (US$ 106 billion) in FY25 and serving over 10 million clients across various sectors.
