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Story summary
- OpenAI partners with Pine Labs to embed AI in Pine Labs' payment systems, automating settlement and invoicing workflows for more than 980,000 merchants.
- Pine Labs will integrate OpenAI's APIs into its infrastructure to enable AI-assisted transactions and extend automation to B2B clients, as Pine Labs operates in 20 countries.
- The rollout will be gradual in India due to regulatory constraints, while agent-driven payments are tested in regions with looser rules.
