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Mastercard on Wednesday announced the launch of Agent Pay for Machines.
Mastercard launched Agent Pay for Machines to enable autonomous AI-driven payments using cards and stablecoins.
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The platform supports payments between AI agents, software, and connected machines, expanding beyond human-initiated transactions.
Over 30 prominent companies, including Coinbase, OKX, and Solana Foundation, are participating in the initiative.
This follows Mastercard's recent acquisition of stablecoin firm BVNK and the launch of a Crypto Partner Program.
Mastercard on Wednesday announced the launch of Agent Pay for Machines, a payments platform designed to let AI agents transact autonomously using cards, bank accounts, and stablecoins.
According to Mastercard, the platform is designed to let AI systems buy services and send payments on their own, including small transactions that occur in the background. The service expands on the company's Agent Pay program by enabling payments between AI agents, software platforms, and connected machines.
“Agent Pay for Machines will create the conditions for a superbloom of AI business models,” Mastercard Chief Product Officer Jorn Lambert said in a statement. “Machine payments can make it possible for services to be bought and sold among agents at fundamentally different scales than payments today—very high volumes, very small values, very fast, and at extremely low latency.”
More than 30 companies have joined the effort, including Coinbase, OKX, Polygon, RippleX, Aave Labs, Alchemy, Anchorage Digital, BVNK, MoonPay, Stripe, Cloudflare, and the Solana Foundation.
The launch marks Mastercard's latest push into AI-powered commerce as companies across the payments and crypto industries—including MoonPay, MetaMask, and Coinbase—explore how autonomous AI agents could eventually buy services and complete transactions without direct human involvement.
The announcement also comes after several moves by Mastercard into the cryptocurrency market this year.
In March, Mastercard launched a Crypto Partner Program with more than 85 companies, including Binance, Ripple, and PayPal, to develop products that combine digital assets with Mastercard's payment network. Later that month, Mastercard agreed to acquire stablecoin infrastructure firm BVNK for up to $1.8 billion, a deal aimed at expanding its capabilities around digital asset payments and settlement.