AgentPay is designed to provide interoperability to agentic payment systems, company officials told CoinDesk Wednesday (April 8).
“AI agents aren’t assistants anymore. They’re buyers,” Alchemy says on its website. “OpenAI, Anthropic, and others are shipping agents that can discover services, compare options, and spend money on their own. The businesses those agents can transact with get chosen. The ones they can’t get skipped.”
If agentic payment systems can’t talk to one another, the CoinDesk report added, it means a merchant that wants to attract AI agents as customers needs to construct a separate integration for every protocol.
“That’s not sustainable, and it’s only going to get more fragmented as more systems launch,” Alchemy CTO Guillaume Poncin told CoinDesk via email. “AgentPay fixes that. A merchant registers their existing API with us, we give them a new endpoint, and any agent on any supported protocol can pay them through it.”
The report says Alchemy is seen as the “AWS of Web3,” since it provides the infrastructure, developer tools and node services required for blockchain applications. AgentPay, the report added, can offer one integration for every protocol.
“We sit in the middle as the translation layer, where AgentPay routes instructions, and Alchemy never touches the funds,” Poncin said.
In related news, a new PYMNTS Intelligence report, “How Acquirers Prepare for Agentic Commerce,” reveals that a growing share of acquirers believe the foundations for agentic commerce are already in place.
Nearly 80% of surveyed acquirers say they are at least somewhat prepared to support seamless omnichannel shopping experiences, a prerequisite for any system in which autonomous agents transact across digital and physical environments.
“This could represent a notable shift,” PYMNTS wrote recently. “Payments modernization has historically lagged behind consumer-facing innovation, constrained by legacy systems and regulatory complexity. Yet the current moment suggests a reversal: the rails are largely built, and the conversation is now moving from capability to execution.”
The report also identifies a series of operational priorities for merchants, including the need to deliver consistent payment experiences for both digital and physical channels, closing an almost ubiquitous fragmentation gap.
“This may mean legacy platforms need to be upgraded or abstracted to support seamless integrations with acquirers, agents and third-party services,” PYMNTS added.