Alchemy, a leading cryptocurrency infrastructure provider, has launched AgentPay, a cutting-edge tool that facilitates 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 are not designed to interact with one another.
As a result, merchants seeking to cater to AI agents as customers are forced to establish separate integrations for each protocol, a process that is both impractical and unsustainable. According to Alchemy's 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 widely recognized 'AWS of Web3,' Alchemy provides essential infrastructure, developer tools, and node services for building blockchain applications. AgentPay ensures a single integration for all protocols, including x402, MPP, A2P, and L402, by acting as a translation layer that routes instructions without Alchemy handling the funds. The emergence of agentic finance, which is poised to become a vital component of online payment activities, often involves micro-transactions or nano-payments between AI agents and humans.
Following a private beta soft launch, Alchemy aims to release AgentPay publicly in the coming weeks.