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Mastercard launches AI agent payment protocol, providing on-chain record-keeping permissions, initially integrating with Polygon

MarsBitNews
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Mars Finance reports that on June 10, Mastercard announced the launch of a new protocol called Agent Pay for AI, allowing AI agents to pay each other and make small transfers—for example, automatically paying when AI agents retrieve data from websites in segments. The protocol stores permissions that humans grant to AI agents on the blockchain. In the initial stage, it will use the Polygon network to ensure transparency and verifiability, so that multiple parties can verify whether the agents are acting according to instructions. Companies such as Adyen, Coinbase, and Cloudflare are collaborating with Mastercard to develop this protocol. Jorn Lambert, Chief Product Officer of Mastercard, said the protocol will not become a major revenue source in the short term, but is expected to grow into a meaningful new market within the next five years. Major players such as Visa, Stripe, Coinbase, and Google are also actively rolling out AI payment protocols, jointly driving the future of “machine-to-machine payments” and AI chatbots leading e-commerce transactions, although agent-based payments still account for a relatively small share.
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