TOKENPOST
1 min read
Add as a preferred source on Google

PayPal Joins x402 Foundation as Premier Member in AI Payments Effort

The payments company will help develop open standards for autonomous AI-agent payments and checkout designed to work across services.

By Simon Yoon
Published
Mentioned assets
A robotic hand presents a blank card to a checkout terminal / TokenPost.ai
A robotic hand presents a blank card to a checkout terminal / TokenPost.ai

x402 announced PayPal joined the x402 Foundation as a Premier Member, bringing a payments company into work on open standards for AI agents to make payments and complete checkout across services.

The effort focuses on autonomous payments and checkout. Its goal is infrastructure that does not depend on a single service provider, with PayPal taking part in developing the standards.

The x402 Foundation has also added a Cardano specification to its repository, extending the protocol’s support to another blockchain.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…