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AP2 is designed to “securely initiate and transact agent-led payments across platforms,” according to a company blog post. Google is collaborating on agentic payments with more than 60 companies, some of which include Adyen, American Express, Mastercard, PayPal, Coinbase and Revolut, per the post.
“AI agents are capable of transacting on behalf of users, which creates a need to establish a common foundation to securely authenticate, validate and convey an agent’s authority to transact,” the post said. “While today’s payment systems generally assume a human is directly clicking ‘buy’ on a trusted surface, the rise of autonomous agents and their ability to initiate a payment breaks this fundamental assumption and raises critical questions that AP2 helps to address.”
