China’s online and mobile payment platform Alipay  has introduced its full-stack AI payment solution to partners across industries, ranging from AI companies to traditional retailers, and debuted two new services, namely the world’s first AI Wallet and Token Pay, to support the agentic economy’s rapid growth.

In a statement on Tuesday, Alipay said the launch extends Alipay’s next-generation AI payment infrastructure, building on its consumer-facing product Alipay AI Pay and its business-facing AI payment processing product. The launch expands Alipay’s AI payment infrastructure, which includes its consumer-focused AI Pay product and AI payment processing services for businesses.

According to Ant Group, the parent firm of Alipay, the new AI Wallet can give users greater oversight of transactions carried out by AI agents. Available through the Alipay app, the service allows users to manage tasks performed by AI agents before and during payments, and review spending afterward.

Alipay also announced China’s first Agentic Commerce Trust Protocol, developed with partners to support interactions between AI systems and service platforms. Alipay said it has also introduced a security system for AI-driven payments.

Alongside AI Wallet, Alipay launched Token Pay, a payment platform aimed at AI model companies. The service supports subscription payments, token top-ups and other transaction functions linked to AI applications.

At the Alipay AI Payment Ecosystem Conference on May 26, AI companies, namely MiniMax and Stepfun, announced collaborations with Alipay involving token payments, subscriptions and marketing services. They will jointly adopt full-stack AI payment solution in use cases such as token top-ups, membership subscriptions and marketing  campaigns.

Ant Group Chief Executive Cyril Han said AI agents are reshaping commerce and that the company is building new payment services to support the emerging “agentic commerce” ecosystem.

Alipay said its AI Pay service surpassed 100 million users in February 2026 and has processed 300 million transactions to date. Its AI payment services are now being used across multiple applications, including AI-enabled retail services, smart glasses, AI assistants, development platforms and in-car systems. It cited partnerships and integrations involving companies and platforms such as Luckin Coffee, Rokid, Alibaba’s Qwen AI platform, Coze and Qoder.

Alipay launches AI payment processing tool for businesses as agent-based commerce Expands