Cashfree launches in-chat funds device for AI apps with Mastercard, Swiggy

Cashfree Funds launched what it referred to as India’s first funds extension for AI functions, embedding checkout capabilities instantly inside conversational interfaces reminiscent of ChatGPT and Claude.

The product, branded “Cashfree Right here,” was unveiled on the India AI Influence Summit 2026 in collaboration with Mastercard and Swiggy. The Bengaluru-based firm stated the extension permits companies to just accept UPI and card funds inside chat interfaces, with passkey-based biometric authentication for card transactions.

The corporate stated the extension acts as a local funds layer for AI functions constructed on OpenAI’s Apps SDK and Anthropic’s MCP framework. It permits customers to finish transactions with out being redirected to exterior pages. Card funds are secured utilizing passkey-enabled biometric authentication supported by Mastercard, changing conventional one-time password flows.

Cashfree stated the extension addresses what it described as a niche in conversational commerce, the place fee flows typically sit outdoors chat interfaces, resulting in person drop-offs and added integration complexity for builders. The corporate stated transactions are accomplished via safe, user-driven flows with confirmations surfaced throughout the dialog.

Swiggy stated it’s integrating conversational AI throughout its choices, together with meals supply and fast commerce.

“Each main shift in commerce has been outlined by a brand new interface, from bodily shops to web sites, from cellular apps to tremendous apps. We at the moment are getting into the period of AI conversations, the place customers don’t browse, they ask,” Nitin Pulyani, Senior Vice President and Head of Product at Cashfree Funds, stated in a press release. “But funds have remained caught in older paradigms, forcing prospects out of the dialog simply when intent is highest. With Cashfree Right here, and our collaboration with Mastercard and Swiggy, we’re basically altering that by making funds a local a part of AI conversations.

“At Swiggy, comfort has at all times been on the coronary heart of how we construct,” stated Madhusudhan Rao, Chief Know-how Officer at Swiggy. “As we embed conversational AI throughout our choices, we’re reimagining how customers uncover, determine, and order throughout meals supply, fast commerce, and eating out, with funds to observe. As AI pushed interfaces turn into extra central to on a regular basis commerce, it’s important that each ordering and funds stay intuitive and frictionless throughout these rising touchpoints. Improvements like Cashfree Right here strengthen this infrastructure, enabling extra contextual, safe, and seamless commerce because the ecosystem evolves.”