HANGZHOU, CH – Alipay recently debuted a “full-stack AI payment solution” to partners ranging from AI companies to traditional retailers. A May 26 press release touts “the world’s first AI Wallet and Token Pay” to support the agentic economy’s rapid growth.
The launch extends Alipay’s AI payment infrastructure, building on its consumer-facing product Alipay AI Pay and its business-facing AI payment processing product. “While the essence of commerce remains unchanged in the age of AI, the emergence of AI agents is reshaping everything. Drawing on 22 years of technological expertise and commercial know-how, Alipay is building a new generation of AI payment services to accelerate the growth of the agentic commerce ecosystem,” said Cyril Han, CEO of Ant Group, an independent affiliate of the Alibaba Group.
Alipay AI Pay allows consumers to make secure and seamless transactions through AI agents via voice commands, while Alipay’s AI payment processing product enables businesses and developers to monetize their services on a pay-per-use basis through simple integration.
The new AI Wallet further extends Alipay’s AI payment system by giving individual users greater visibility and control over payments made through AI agents. Available now by searching “AI Wallet” in the Alipay App, the product allows consumers to manage tasks executed by AI agents before and during payment, and review and analyze their spending afterward.
To ensure AI agents make trusted transactions on behalf of users, Alipay launched China’s first Agentic Commerce Trust Protocol with partners, creating a “common language” for collaboration between AI and service platforms. Alipay also launched an intelligent security system for AI payments to provide foundational safeguards for every AI agent-driven transaction.