Mastercard’s agentic payments platform is being integrated into PayPal’s wallet, enabling AI agents to complete transactions on behalf of users.
This partnership will allow hundreds of millions of consumers and tens of millions of merchants worldwide to enable agents for making purchases. PayPal will also pilot the Mastercard Agent Pay Acceptance Framework and collaborate on development and testing with agents and merchants.
Mastercard will facilitate secure access for cardholders to their credentials via PayPal checkout, wherever PayPal is accepted on an agent platform or during an agentic chat experience.
For instance, if someone wants to buy new running shoes, they can ask an AI agent to find suitable options from various merchants. Once the shopper selects a preferred pair—on sale, in the right size, and available for 2-day shipping—from a PayPal merchant, they can instruct the agent to complete the checkout.
The AI agent, aware that the shopper uses PayPal and that the merchant accepts it, will prompt the user to confirm if they want to complete the purchase using PayPal. The user can then verify their identity quickly to confirm the transaction.
“By bringing together Mastercard’s Agent Pay with our wallet, we are empowering merchants and consumers to participate in agentic commerce with trust and flexibility at the center,” says Michelle Gill, EVP, GM, small business and financial services, PayPal.