Stripe’s wallet embraces AI bots
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The payments giant has recently integrated its Link digital wallet for consumers with personal AI agents from Meta, xAI and other AI players. First published on Stripe is maneuvering its digital wallet to capitalize on agentic commerce, joining recently with a trio of big artificial intelligence players to facilitate payments by their bots. Meta Platforms has added Stripe's Link wallet to its new Muse personal agent, giving the personal assistant the ability to complete payment transactions on behalf of consumers, the parent of Instagram and Facebook said in a Sept. 8 press release. That partnership followed Link integrations announced last month with xAI's Grok Bot from Elon Musk's SpaceX ; and Instinct, a phone-texting-based AI assistant from Spear Street Technology . For a payments processor like Stripe – which generally services businesses – a closer link to consumers is critical as agentic commerce grows, said Richard Crone, CEO of Crone Consulting LLC, a payments advisory firm based in San Carlos, California. "Essentially, the way to think about this is that the agent will be the wallet or the wallet will be the agent," Crone said Thursday in an interview. Stripe says its Link wallet, which is integrated with about 1 million merchants for checkout, has amassed 300 million global users in the five years since it was launched. The wallet speeds the checkout process and...
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