Fetch.ai Launches World’s First AI-to-AI Payment System for Autonomous Transactions

Fetch.ai, a technology company based in Cambridge, UK, and Silicon Valley, CA, has announced the launch of the world’s first AI agent-to-agent payment system. This innovation allows personal AI agents to autonomously complete payments on behalf of users, even when they are offline. The system operates through ASI:One, Fetch.ai’s proprietary platform, and supports payments via Visa, as well as on-chain transactions using USDC and FET. Additional payment methods are expected to be introduced as the system expands.

In a groundbreaking live demonstration, a Personal AI powered by ASI:One coordinated with another AI to arrange a shared dinner plan, secure a reservation via OpenTable, and complete the payment, all while both users were offline. This marks the first instance where autonomous AIs have not only coordinated plans but also executed real-world transactions on behalf of humans.

Humayun Sheikh, CEO of Fetch.ai, stated, “Agentic payments are the gateway to AI first economy. By enabling AIs to transact on our behalf, we’re creating a new era where intelligent agents execute, secure, and deliver real-world value without waiting for us to intervene.” Sheikh emphasized that this development allows AI to act in real time, transforming opportunities into experiences and transactions while maintaining user control.

AI-to-AI Payments: A New Era of Autonomous Transactions

Until now, Personal AIs could identify opportunities but required traditional methods to complete transactions. Fetch.ai’s AI-to-AI payment capability bridges this gap by allowing users to allocate spending limits to their AI, maintaining full control while enabling timely actions. The system ensures security and user control, with every transaction being permissioned, traceable, and fully under user control.

The AI-to-AI payments are designed with robust security measures, ensuring that personal wallet or card information remains inaccessible to the AI. This capability allows personal AIs to move beyond simple assistance to full execution, securing reservations, booking experiences, and completing purchases automatically.

Implications for Consumers and Businesses

For consumers, this advancement means more seamless experiences and fewer missed opportunities, as AIs can handle time-sensitive tasks autonomously. For businesses, it opens new avenues for engagement and commerce, as autonomous agents can transact on behalf of users with speed and precision.

For the AI industry, this capability establishes a foundation for autonomous commerce, where intelligent agents operate securely and transparently. The full rollout of AI-to-AI payments is tentatively scheduled for January and will be available to users through ASI:One.

For more information, visit Fetch.ai’s announcement here.

Why This Matters: Impact, Industry Trends & Expert Insights

Fetch.ai has launched the world’s first AI agent-to-agent payment system, enabling autonomous transactions to be completed by AI on behalf of users, even when offline.

Recent industry reports indicate that key trends in AI-driven payment systems include advanced fraud detection, agentic AI for autonomous transactions, and integration with real-time payments. These developments enhance security and efficiency, aligning with Fetch.ai’s introduction of AI-to-AI payments, which could transform how transactions are conducted autonomously.

As per insights from Edgar Dunn, agent-to-agent payments are seen as a transformative trend in AI-driven commerce. This supports Fetch.ai’s initiative, highlighting its potential to drive market growth and reshape commerce by enabling secure, autonomous machine-to-machine transactions.

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