Alipay launches AI Wallet and Token Pay for agent-driven commerce payments

Ant Group has introduced two Alipay tools for agent-driven commerce: AI Wallet and Token Pay. AI Wallet gives consumers monitoring, management, and authorization of AI agent tasks before, during, and after payments inside the Alipay app. Token Pay handles subscriptions, token top-ups, and micro-transactions for AI model providers and merchants. The system is designed for scenarios like an AI agent on smart glasses ordering and paying for coffee before the user enters a café. Alipay AI Pay already has 100M+ users and processed 120M+ transactions in a single week, showing strong consumer adoption.

Accenture estimates that by 2030, over 30% of online commerce ($3.1 trillion) could be handled by AI agents, but only 12% of consumers are currently willing to let agents make payment choices. Fraud concerns are high: 78% of payments leaders expect a significant increase in fraud, and 87% see trust as the biggest barrier. Alipay’s launch provides identity verification, real-time risk controls, audit trails, and dispute processes for agent actions, addressing critical gaps as China's agent ecosystem grows rapidly with Alibaba's Qwen app surpassing 10M downloads.