Alchemy, a leading provider of cryptocurrency infrastructure, has introduced AgentPay, a groundbreaking tool designed to facilitate collaboration between various AI payment systems from prominent companies such as Coinbase, Stripe, Visa, Mastercard, and Circle. This innovation addresses the long-standing problem of agentic payment systems being unable to interact with one another, thereby requiring merchants to establish separate integrations for each protocol. According to Alchemy CTO Guillaume Poncin, "This approach is unsustainable and will only become more fragmented as new systems emerge." AgentPay offers a solution by allowing merchants to register their existing API, which is then provided with a new endpoint, enabling any agent on a supported protocol to make payments through it.
As a pioneer in providing the necessary infrastructure, developer tools, and node services for building blockchain applications, Alchemy is often regarded as the 'AWS of Web3.' AgentPay ensures seamless integration across multiple protocols, including x402, MPP, A2P, and L402, by serving as a translation layer that routes instructions without directly handling funds. The emergence of agentic finance, which is poised to become a vital component of online payment activity, involves micro-transactions and nano-payments between AI agents and humans. Following a private beta soft launch, Alchemy plans to release AgentPay to the general public in the coming weeks.