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The statement noted that the partnership is one of the first collaborations between a sovereign LLM provider and a payment aggregator to power AI-driven agentic payments.
PayU noted that D2C brands suffer from significant leakage caused by checkout drop-offs, payment failures, and conversion inefficiencies in the final moments of purchase.
As part of the partnership, Wio Bank will deploy Credit+, Pine Labs’ modular, API-first acquiring platform, to power its core acquiring operations.
The next phase of partnership will help in deploying AI agents powered by Claude's advanced reasoning and Snowflake's governed data and AI environment.
The investment will be part of a strategic deal to deploy at least 10 gigawatts of Nvidia systems for OpenAI’s next-generation AI infrastructure.
