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Mastercard rolls out Agent Pay for Machines, a service for AI agents and machines to execute auto transactions at machine speed within their global payment network.
💳 Mastercard introduced Agent Pay for Machines, a service enabling AI agents and machines to perform automatic transactions at lightning speed within its global payment network.
💵 The platform is designed for a future where AI will transact directly with each other: 24/7 commerce and high-volume microtransactions.
✅️ Backed by over 30 players like Stripe, Adyen, Coinbase, Checkout.com, Cloudflare, BVNK, Aave Labs, OKX, Polygon, Ripple, and Solana.
⚡️ The system facilitates instant, secure, and ultra-low-cost payments, even down to fractions of a cent.
Mastercard anticipates that AI agents will leverage this to purchase services, coordinate operations, and manage transactions on behalf of individuals and organizations.
Jorn Lambert, chief product officer, stated that this could fast-track AI-based business models by enabling volumes, speeds, and values that traditional payments cannot reach.
- "Agent Pay for Machines will create the conditions for an explosion of AI models. Machine-to-machine payments allow services to be bought and sold at vastly different scales: extremely high volumes, very low values, super fast, and with minimal latency”-.
🌐 Unlike consumer payments, AP4M operates always-on: background transactions between machines. The ecosystem incorporates credentialing, permission controls, automatic transactions, and multi-rail settlement in fiat and stablecoins.
From Anchorage Digital, Nathan McCauley highlighted that it combines the trust and global reach of Mastercard with flexible settlement in digital assets. Cloudflare emphasized that the infrastructure of the future is being built for autonomous interactions, not just human ones.
#crypto #news #TrendingTopic #solana #xrp
TRADE HERE 👇🏼
Mastercard rolls out Agent Pay for Machines, a service for AI agents and machines to execute auto transactions at machine speed within their global payment network.
💳 Mastercard introduced Agent Pay for Machines, a service enabling AI agents and machines to perform automatic transactions at lightning speed within its global payment network.
💵 The platform is designed for a future where AI will transact directly with each other: 24/7 commerce and high-volume microtransactions.
✅️ Backed by over 30 players like Stripe, Adyen, Coinbase, Checkout.com, Cloudflare, BVNK, Aave Labs, OKX, Polygon, Ripple, and Solana.
⚡️ The system facilitates instant, secure, and ultra-low-cost payments, even down to fractions of a cent.
Mastercard anticipates that AI agents will leverage this to purchase services, coordinate operations, and manage transactions on behalf of individuals and organizations.
Jorn Lambert, chief product officer, stated that this could fast-track AI-based business models by enabling volumes, speeds, and values that traditional payments cannot reach.
- "Agent Pay for Machines will create the conditions for an explosion of AI models. Machine-to-machine payments allow services to be bought and sold at vastly different scales: extremely high volumes, very low values, super fast, and with minimal latency”-.
🌐 Unlike consumer payments, AP4M operates always-on: background transactions between machines. The ecosystem incorporates credentialing, permission controls, automatic transactions, and multi-rail settlement in fiat and stablecoins.
From Anchorage Digital, Nathan McCauley highlighted that it combines the trust and global reach of Mastercard with flexible settlement in digital assets. Cloudflare emphasized that the infrastructure of the future is being built for autonomous interactions, not just human ones.
#crypto #news #TrendingTopic #solana #xrp
TRADE HERE 👇🏼