What's Happening?
Antom, a merchant payment and digitization services provider under Ant International, has launched an agentic payment solution designed to enable AI agents to complete transactions on behalf of users. This new solution supports both alternative payment methods and traditional card payments. Antom is among the first partners to work with Mastercard and Visa in the Asia Pacific region to pilot card-based transaction capabilities for AI agents. The solution aims to address the need for AI agents to handle payments reliably as they become more integrated into commercial settings. It includes features like Antom EasySafePay, a checkout process developed for alternative payment methods, and incorporates security measures such as Multi-Party Computation-based AI risk management to block fraudulent transactions.
Why It's Important?
The launch of Antom's agentic payment solution marks a significant advancement in the integration of AI into commerce, potentially transforming how transactions are conducted. By partnering with major card networks like Mastercard and Visa, Antom is setting a precedent for secure AI-driven payments, which could lead to increased efficiency and reduced fraud in financial transactions. This development is crucial for industries relying on digital payments, as it offers a new level of security and reliability. Businesses and consumers stand to benefit from streamlined payment processes and enhanced protection against fraud, which is increasingly important in the digital economy.
What's Next?
Antom plans to continue developing its agentic payment solution in collaboration with financial, tech, and commerce sectors to ensure smooth and reliable AI-driven transactions. The company is focusing on using tokenization, authentication, and transaction control tools to facilitate secure agent-based commerce. As AI agents become more prevalent, further innovations and partnerships are expected to enhance the capabilities and security of AI-driven payment systems.
