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Fintech News Singapore· Fintech News Singapore·· 3 hours agoSelectedAI score70

Mastercard demonstrates how AI agents can pay multiple service providers from a single budget

Mastercard Shows How AI Agents Can Pay Multiple Providers With One Budget

AI brief

AI-assisted source summary · not independently verified. Content standards

Mastercard demonstrated the Agent Pay for Machines solution, which allows AI agents to pay multiple service providers from a single approved budget, and has opened early access to developers. The solution is based on x402: after a service provider returns “402 Payment Required,” the agent generates a digitally signed payment credential, which the provider verifies before delivering the service. Transactions can be completed off-chain first and redeemed subsequently.

Why it matters

The article breaks down the delegated authorization, offline credentials, and subsequent redemption process under a single budget, and explains how developers can test related payment applications through early access.

Source:Fintech News Singapore · fintechnews.sg