Source: CryptoNewsNet
Original Title: BNB Chain adds new payment architecture via Google Cloud
Original Link:
A joint initiative has been launched built on Google Cloud’s infrastructure, agentic payment transaction tools, and BNB Chain’s blockchain network for efficient agentic commerce payments.
According to the partnership’s announcement, the collaboration adds blockchain technology to a select group of companies working directly with Google Cloud within a framework known as the Agent Payments Protocol.
Google introduced the Agent Payments Protocol (AP2) in mid-September as an open and interoperable network that uses AI agents to start and complete payments in compliance with industry standards and regulations.
AP2 can operate as an extension of the existing Agent2Agent protocol and the Model Context Protocol, where automated systems communicate through different layers of the digital commerce stack.
Blockchain Adds New Payment Architecture via Google Cloud
According to the organizations involved, the project will include communication between a Model Context Protocol and the Agent Payments Protocol. The blockchain network said it would be the first time the issuer is included when receiving a payment mandate.
Many companies are preparing for AI systems that can make purchases, manage subscriptions or handle invoice payments without direct human input. In one example of the system’s security features, if a merchant requests $50 but the mandate authorizes only $10, users can reject the overage request to protect their funds.
The companies believe in allowing the issuer to receive mandates directly, and they are supposedly attempting to strengthen the decision-making process around AI-led transactions.
During its AP2 launch in September, Google said more than 60 organizations are participating in the development of AP2, including major payment processors, fintech companies, and blockchain platforms.
“Google’s Agent Payments Protocol (AP2) is a critical step forward in building a secure, interoperable ecosystem for agentic AI payments. This protocol gives businesses and consumers the confidence to delegate tasks to AI agents, aligning with our mission to build the future of finance by empowering businesses globally,” said a representative from a major fintech company.
When asked about how the new protocol could aid the cause of AI agent payment platforms, executives from major payment networks said AP2 would bring trust in how AI systems interact with payment networks.
“We are excited to contribute to the creation of AP2 as a protocol intended to protect customers and enable participation in the next generation of digital payments,” said a payment network executive.
Major Payment Networks Join AI Payments Platform Initiative
Blockchain’s inclusion in agentic payments comes as major payment networks also launched their own AI-driven transaction initiatives. These programs support scalable AI-driven transactions on their networks with various partners.
These initiatives introduced acceptance frameworks governing interactions between AI agents and merchants, making sure every automated payment has verification and tokenization requirements.
Executives say the companies are looking at the model as a way to improve digital commerce in regions where AI adoption is accelerating. The systems are expected to debut in various regions within the coming quarters.
“Agentic payments are a new chapter in the evolution of commerce, one where AI empowers people and businesses to do more, with greater simplicity and confidence,” said executives involved in the initiative.
Partner institutions reiterated that they see agentic payments as a way to strengthen the entire payment ecosystem, ensuring that every agent-driven transaction is transparent and secure enough for merchants and consumers.
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BNB Chain Joins Google Cloud's Agent Payments Protocol for AI-Driven Commerce
Source: CryptoNewsNet Original Title: BNB Chain adds new payment architecture via Google Cloud Original Link: A joint initiative has been launched built on Google Cloud’s infrastructure, agentic payment transaction tools, and BNB Chain’s blockchain network for efficient agentic commerce payments.
According to the partnership’s announcement, the collaboration adds blockchain technology to a select group of companies working directly with Google Cloud within a framework known as the Agent Payments Protocol.
Google introduced the Agent Payments Protocol (AP2) in mid-September as an open and interoperable network that uses AI agents to start and complete payments in compliance with industry standards and regulations.
AP2 can operate as an extension of the existing Agent2Agent protocol and the Model Context Protocol, where automated systems communicate through different layers of the digital commerce stack.
Blockchain Adds New Payment Architecture via Google Cloud
According to the organizations involved, the project will include communication between a Model Context Protocol and the Agent Payments Protocol. The blockchain network said it would be the first time the issuer is included when receiving a payment mandate.
Many companies are preparing for AI systems that can make purchases, manage subscriptions or handle invoice payments without direct human input. In one example of the system’s security features, if a merchant requests $50 but the mandate authorizes only $10, users can reject the overage request to protect their funds.
The companies believe in allowing the issuer to receive mandates directly, and they are supposedly attempting to strengthen the decision-making process around AI-led transactions.
During its AP2 launch in September, Google said more than 60 organizations are participating in the development of AP2, including major payment processors, fintech companies, and blockchain platforms.
“Google’s Agent Payments Protocol (AP2) is a critical step forward in building a secure, interoperable ecosystem for agentic AI payments. This protocol gives businesses and consumers the confidence to delegate tasks to AI agents, aligning with our mission to build the future of finance by empowering businesses globally,” said a representative from a major fintech company.
When asked about how the new protocol could aid the cause of AI agent payment platforms, executives from major payment networks said AP2 would bring trust in how AI systems interact with payment networks.
“We are excited to contribute to the creation of AP2 as a protocol intended to protect customers and enable participation in the next generation of digital payments,” said a payment network executive.
Major Payment Networks Join AI Payments Platform Initiative
Blockchain’s inclusion in agentic payments comes as major payment networks also launched their own AI-driven transaction initiatives. These programs support scalable AI-driven transactions on their networks with various partners.
These initiatives introduced acceptance frameworks governing interactions between AI agents and merchants, making sure every automated payment has verification and tokenization requirements.
Executives say the companies are looking at the model as a way to improve digital commerce in regions where AI adoption is accelerating. The systems are expected to debut in various regions within the coming quarters.
“Agentic payments are a new chapter in the evolution of commerce, one where AI empowers people and businesses to do more, with greater simplicity and confidence,” said executives involved in the initiative.
Partner institutions reiterated that they see agentic payments as a way to strengthen the entire payment ecosystem, ensuring that every agent-driven transaction is transparent and secure enough for merchants and consumers.