Alchemy, a leading provider of cryptocurrency infrastructure, has launched 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 pressing issue of agentic payment systems currently being developed, which lack the ability to communicate with each other. As a result, merchants seeking to integrate AI agents into their customer base are forced to establish separate connections for each protocol, a process that is impractical and unsustainable.
According to Alchemy CTO Guillaume Poncin, "AgentPay resolves this issue by allowing merchants to register their existing API with us, providing them with a new endpoint that enables any agent on a supported protocol to make payments through it." As a key player in the Web3 space, Alchemy is often regarded as the "AWS of Web3" due to its provision of essential infrastructure, developer tools, and node services for building blockchain applications. AgentPay promises to simplify the integration process by serving as a translation layer, routing instructions and ensuring that Alchemy never comes into contact with the funds. The emergence of agentic finance, which is expected to become a major component of online payment activity, often involves micro-transactions or nano-payments between AI agents, with humans playing a background role.
Alchemy has initiated a private beta soft launch, with plans for a general release in the coming weeks.