"Google has introduced the Agent Payments Protocol (AP2), an open framework developed with more than 60 payments and technology companies to support secure, agent-led transactions across platforms and payment methods. Built to be used as an extension to Google's earlier Agent2Agent (A2A) and Model Context Protocol (MCP) frameworks, AP2 is designed to be payment-agnostic, supporting credit cards, bank transfers, and cryptocurrencies. At its core, the protocol uses cryptographically signed "mandates" to establish trust in every transaction."
""AP2's promise will only be realized if it matches incumbents in the areas that matter most: compliance strength, dispute resolution, and operational reliability," said Sanchit Vir Gogia, chief analyst and CEO at Greyhound Research. "Companies like Stripe and PayPal did not build trust on design principles alone but on years of hard-won resilience in production. AP2's open ethos feels reminisce"
Google introduced the Agent Payments Protocol (AP2), an open framework created with more than 60 payments and technology companies to enable secure, agent-led transactions across platforms and payment methods. AP2 extends Agent2Agent (A2A) and Model Context Protocol (MCP) frameworks and is payment-agnostic, supporting credit cards, bank transfers, and cryptocurrencies. The protocol uses cryptographically signed "mandates" such as Intent Mandates and Cart Mandates to establish trust, guide agent searches, confirm purchases, and permit delegated automatic actions under predefined conditions while keeping transactions auditable. Major firms including American Express, Coinbase, Mastercard, PayPal, Etsy, Intuit, Salesforce, and others are collaborating. Enterprise adoption will depend on compliance strength, dispute resolution mechanisms, operational reliability, and clear liability rules when agents err.
Read at Computerworld
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