Alchemy, a leading provider of cryptocurrency infrastructure, has introduced AgentPay, a revolutionary tool that enables AI payment systems from prominent companies like Coinbase, Stripe, Visa, Mastercard, and Circle to interact with one another. This innovation addresses the current limitation of agentic payment systems, which are emerging but unable to communicate with each other. As a result, merchants seeking to integrate AI agents into their customer base must establish separate integrations for each protocol, a process that is unsustainable and prone to increased fragmentation as more systems launch. According to Alchemy CTO Guillaume Poncin, 'AgentPay resolves this issue by allowing merchants to register their existing API with us, and we provide them with a new endpoint that enables any agent on a supported protocol to make payments through it.' Alchemy is often regarded as the 'AWS of Web3' due to its role in providing essential infrastructure, developer tools, and node services for building blockchain applications.
AgentPay promises to simplify the integration process by serving as a translation layer that routes instructions without directly handling funds. The emergence of agentic finance, which is poised to become a key component of internet payments, involves micro-transactions and nano-payments between AI agents and humans. Alchemy has initiated a private beta launch, with plans for a general release in the coming weeks.