Small businessmen will benefit greatly
PhonePe has launched a new AI tool, which will make the process of adding payment systems for businesses much easier and faster. The company says that the work which earlier took several weeks, can now be completed in a few minutes.
Payment system will start within minutes
PhonePe has introduced an AI-powered integration system for its merchants. With its help, businesses will be able to easily add PhonePe payment gateway even without much technical knowledge. According to the company, earlier payment gateway integration used to take several weeks of coding, reading documents and making frequent technical changes. But now through AI agent this work will be done in minutes in an easy process like conversation.
AI will understand the payment system itself
PhonePe's CTO and Founder Rahul Chari said that this AI is not just a code writing tool, but it also understands the payment system. The company has added its special Integration Intelligence technology to it, due to which integration has become smarter and easier.
Small businessmen will benefit greatly
The company says that small and medium businessmen i.e. SME sector will get the most benefit from this facility. Often these businesses do not have big developers or technical teams, which makes it difficult to integrate payment systems. Now with the help of AI tools, they will be able to onboard quickly without technical hassles and start accepting online payments faster.
Developers' time will also be saved
According to PhonePe, this system will automatically follow the correct API and payment setup. Besides, error handling and necessary technical improvements will also be done by AI itself. This will save a lot of time for developers and companies will be able to focus more on improving their products and services.
There will be further focus on AI features
The company has indicated that more new features related to AI will be introduced in the coming time. PhonePe believes that AI technology can make digital payments and business operations easier in the future.
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