Elena Penzina

The Agent Payments Protocol is an open protocol developed in collaboration with payment and technology companies to operate across different platforms. Based on industry rules and standards, it enables ordinary users, merchants, and payment service providers to conduct transactions using all types of payment systems

• Utilizes Mandates: These are tamper-proof, cryptographically signed digital contracts that serve as verifiable proof of user instructions. These mandates are signed with Verifiable Credentials (VCs) and act as foundational evidence for transactions

• Furthermore, they cover two ways a user can make purchases through an agent: real-time purchases and task delegation

• The new protocol can be used as an extension of the Agent2Agent (A2A) and Model Context Protocol (MCP)

• For your reference: Google currently has approximately 60 partnerships in the payments space. Among the companies with whom they have established cooperation are Adyen, American Express, Ant International, Coinbase, Etsy, Forter, Intuit, JCB, Mastercard, Mysten Labs, PayPal, Revolut, Salesforce, ServiceNow, UnionPay International, Worldpay, and others

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