Ant International partners with Visa, Mastercard on developing AI payments
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The new collaboration will focus on how the payment companies can "know your agent," Ant said in the announcement, which includes building common standards that link each agent to a valid entity, assess each agent's behavior and monitor them. It's an effort to increase interoperability for users of the different systems. "If [an] agent registers with Ant, they don't need to register again with Visa, Mastercard," Yang said. In the past 12 months, Visa, Mastercard and Ant International have each announced their own systems, known as protocols, for AI agents to complete payments securely. While U.S. credit card giants Visa and Mastercard dominate transactions in developed economies, many developing economies tend to use electronic payment systems known as e-wallets. More than 50 of these e-wallets have partnered with Ant International, which runs an "Alipay Plus" app. These digital wallets have also started to link to credit cards and are becoming a more common way to pay than with physical cards. Digital wallets accounted for 56% of global e-commerce value and 33% of point-of-sale value in 2025, for more than $13 trillion in spending, according to payment processing company Worldpay. Now that technology needs to develop securely for AI-driven spending. "Interoperability across Know-Your-Agent frameworks is essential to making agentic commerce work at scale," said Pablo Fourez...
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