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- Mastercard taps Ripple to support AI-driven payments between autonomous machines.
- Ripple’s XRPL and RLUSD gain role in Mastercard initiative.
- AI agents could soon handle payments using blockchain settlement.
Mastercard has revealed that Ripple is part of its network of partners it will be supporting in payments between AI agents and machines as part of a new initiative. As Mastercard keeps playing its game of building infrastructure for automated commerce, the acquisition makes Ripple the company of some of the large tech payments and digital asset companies.
The payments giant announced Agent Pay for Machines, a payments platform to enable payments for software agents and connected systems without human interaction. Mastercard said the service will support machine-driven payments across its global network while maintaining controls, security, and settlement guarantees.
As AI has become increasingly embedded in business activities, companies are navigating their way through to automate commercial activities. To this end, Mastercard is pushing for the development of payment platforms that will enable transactions that are happening all the time between machines, apps and digital services.
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Ripple and RLUSD become part of Mastercard’s AI payment strategy
One of the standout blockchain enterprises that became a part of the project was Ripple. The platform will be available for a variety of payment channels – such as stablecoins – alongside traditional payment infrastructure, Mastercard has confirmed.
“RippleX’s Senior Vice President, Markus Infanger, says that AI agents require payment systems which operate under very strict payment rules, transparency and compliance. The XRP Ledger and RLUSD will be optimized for those needs, he said: fast settlement, costs known, auditable transactions.
Ripple’s involvement underscores how blockchain technology may come into play in automated commerce. Moreover, Mastercard’s announcement to support stablecoin settlement is a sign of the traditional payment firms’ interest in the digital asset infrastructure sector.
Other companies involved in the initiative include Coinbase, Stripe, Adyen, Checkout.com, Cloudflare, OKX, MoonPay, Polygon, Solana Foundation and Anchorage Digital. These companies will help validate and drive the adoption of these applications across industries, Mastercard added.
Mastercard builds controls for autonomous transactions
According to Mastercard, the processes of the Agent Pay for Machines segment are split into four key functions – Credentialing, Permissioning, Transacting and Settlement. Before any transactions, all the AI agents in the network will be identified and authenticated.
Organizations may also set limits on spending and authorization rules which continue through the payment process. This enables companies to keep control and have AI agents automatically process approved transactions. The company claims that these measures will help to build trust in the emerging “machine-to-machine commerce” market.
Machine-to-machine payments move toward mainstream adoption
In the end, Mastercard will be able to leverage AI agents for various other tasks such as the real-time purchase of digital services, payment of logistics costs, provisioning of operational resources, and data services. For example, such activities can generate a large number of transactions which the traditional payment systems are not designed to handle.
The platform additionally provides settlement capability on cards, banking and stablecoins. Mastercard thinks this versatility will make it easier for businesses to get automated payments without compromising reliability and security.
In conclusion, Mastercard’s collaboration with Ripple on their AI-driven machine payments solution is a sign of the times, as more traditional payment infrastructure is joining the fray of automated commerce with blockchain companies.
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