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Mastercard’s Agent Pay for Machine-to-Machine Payments

Earlier this year, Mastercard announced Agent Pay for card issuers. Last month, the company launched Agent Pay for Machines (AP4M), an end-to-end orchestration service that supports use cases such as when AI agents build websites and design marketing campaigns and require the ability to accept micropayments. Mastercard designed the machine-to-machine (M2M) payment protocol, created onboarding rules for merchants, handles KYC (know your customer) compliance and implements spending controls, which include that only verified vouchers can be received as payments. It can make certain that AI age...

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