Cashfree Launches Checkout for Agents for AI-Led Payments

With WebMCP, the checkout tells the agent directly which actions are available, including reading the order total and selecting a payment mode. Cashfree claims this cuts token consumption by more than 40%. It also says personal AI assistants such as Instinct, Meta's Muse and Grok Bot can reach the final payment step with fewer errors and lower drop-off, while the user keeps the final transaction authorisation.

Security and traffic claims

Cofounder Reeju Datta said that once an agent is browsing a merchant's site, there should be no drop-off at the payment layer, and that the success rate for agent-made payments should be close to 100%. He said agent traffic has grown around 4-5X annually and converts 5X better than SEO traffic, with a much higher lifetime value.

On the risk of agents taking unintended actions, Datta said the product keeps existing authorisation mechanisms and creates no added vulnerabilities. If the last step requires an OTP, the user still has to enter it to approve the payment.

Founded in 2015 by Datta and Akash Sinha, Cashfree offers payment gateway, cross-border payments, payouts and banking APIs. It says it processes more than $80 billion in annual volume for over 1 million businesses, including MakeMyTrip, Zomato, CRED and Delhivery.

The launch comes as other Indian companies push into agentic commerce. Rival Razorpay, which is heading for an IPO, is repositioning itself as an AI-powered business operating system through Agent Studio. Nudge helps ecommerce brands improve discovery inside AI platforms, and Swiggy lets users order food and book tables through external AI agents.