Chinese fintech titan, Alipay, is ramping up its endeavors in AI-driven commerce with the introduction of an innovative AI payment infrastructure devised to bolster the burgeoning “agentic economy”.
As per a press release issued on Monday, Alipay unveiled the world’s inaugural “AI Wallet” along with a novel service dubbed “Token Pay”, both targeted at AI firms and developers. This announcement was made at the Alipay AI Payment Ecosystem Conference held in Hangzhou.
The crux of this initiative is Alipay’s AI payment ecosystem, where users can execute transactions via AI agents using voice commands and automated processes.
Cyril Han, CEO of Ant Group, said, “Even though the quintessence of commerce remains intact in the AI era, AI agents are revolutionizing every aspect.” Han added that based on 22 years of technological prowess and commercial knowledge, Alipay is creating the next wave of AI payment services to boost the growth of the agentic commerce ecosystem.
The firm disclosed that its AI-native payment products have already surpassed 100 million users since their February 2026 launch. As per Alipay, the system has processed approximately 300 million transactions so far, making it the first commercially scaled AI-native global payment infrastructure.
The AI Wallet, a crucial part of this expansion, has been recently introduced and is now accessible via the Alipay app.
The product is engineered to provide users more supervision and command over transactions executed by AI agents. This includes the ability to monitor tasks prior to and during payment and to analyze spending behavior after the transaction.
In an effort to augment trust in autonomous AI transactions, Alipay also launched China’s maiden “Agentic Commerce Trust Protocol”, aimed to establish a standardized framework between AI systems and service platforms.
Simultaneously, the firm introduced an intelligent security system designed to safeguard AI-driven transactions.
Along with the AI Wallet, Alipay launched “Token Pay”, which the firm describes as the first integrated payment solution specifically tailored for AI model firms.
The platform enables AI enterprises to handle subscription payments, token top-ups, and associated transactions on a global scale via a single infrastructure.
Weiqi Hu, Vice President of MiniMax, said, “Payments are instrumental in facilitating massive growth in the AI sector. Together with Alipay, we aim to strengthen collaboration across multiple domains to accelerate the growth of AI commerce.”
Industry experts anticipate payments to become an inherent feature within AI applications rather than a separate step in digital commerce.
“AI is redefining every facet of commerce,” said Lin Zhu, General Manager of Alipay’s AI payment business at Ant Group. Zhu added that payments are transitioning from a final step to a capability embedded from the outset. According to Zhu, only with trusted transactions, seamless payments, and secure controls, can agentic commerce genuinely proliferate.
Alipay’s AI payment infrastructure is already being widely used across a plethora of sectors and devices in China, such as AI-powered services embedded in retail apps including Luckin Coffee, smart glasses by Rokid, Alibaba’s Qwen AI ecosystem, OpenClaw-style AI agents, smart vehicle cockpits, AI development platforms like Coze and Qoder, and “One Person Companies”.
Alipay announced additional investment in developer support programs, including token incentives and waiving payment-processing fees for individual AI developers.
Through the latest rollout, Alipay is striving to establish itself not merely as a payment provider, but increasingly as the financial infrastructure supporting the next generation of AI-driven digital commerce.
What is the AI Wallet introduced by Alipay?
The AI Wallet is a product designed to give users more control over transactions carried out by AI agents. Users can monitor tasks before and during payment execution and analyze spending behavior afterward.
What is the purpose of Alipay’s “Token Pay”?
Token Pay is an integrated payment solution created specifically for AI model companies. It allows AI firms to manage subscription payments, token top-ups, and related transactions globally through a single infrastructure.
What is Alipay’s strategy with the introduction of the new AI payment infrastructure?
Alipay’s strategy is to position itself not only as a payment provider, but increasingly as the financial infrastructure underpinning the next generation of AI-driven digital commerce.
