Alipay has launched a new AI payment ecosystem featuring AI Wallet and Token Pay as Ant Group pushes deeper into the fast growing agentic commerce market.
Key Takeaways
- Alipay introduced AI Wallet and Token Pay to support AI driven payments and commerce.
- AI Wallet gives users more control and visibility over transactions made by AI agents.
- Token Pay helps AI companies manage subscriptions and token based payments.
- Alipay AI Pay has surpassed 100 million users and processed over 300 million transactions globally.
What Happened?
Ant Group’s Alipay has officially launched a full stack AI payment solution designed for consumers, developers and AI companies. The company unveiled two major products called AI Wallet and Token Pay during the Alipay AI Payment Ecosystem Conference held on May 26.
The new services aim to strengthen Alipay’s position in the growing world of agentic commerce, where AI agents can independently complete real world tasks such as shopping, subscriptions and payments on behalf of users.
Ant Group is betting big on AI commerce.@Alipay unveiled AI Wallet, giving users control over AI driven payments, alongside Token Pay for AI companies handling subscriptions and token top ups.
— CoinLaw (@coinlaw_io) May 26, 2026
The AI payments race is accelerating. pic.twitter.com/GZzeJ91pYs
Alipay Expands Into AI Native Payments
According to Ant Group, the launch builds on its earlier AI payment infrastructure, including the consumer focused Alipay AI Pay service and AI payment processing tools for businesses.
The newly launched AI Wallet is integrated directly into the Alipay app and allows users to supervise and manage actions performed by AI agents before, during and after payments. Users can review spending activity, monitor transactions and maintain control over autonomous AI driven purchases.
Alipay stated that the feature was created to improve transparency as AI systems become increasingly capable of handling financial transactions independently.
Cyril Han, CEO of Ant Group said:
Token Pay Targets AI Companies
Alongside AI Wallet, Alipay also launched Token Pay, a payment infrastructure platform designed specifically for AI model companies and developers.
The service supports subscription payments, token top ups and other AI related transaction functions. Ant Group described it as a one stop payment solution for companies building AI applications and services.
Chinese AI firms MiniMax and Stepfun have already partnered with Alipay to use the new infrastructure for token distribution, membership subscriptions and marketing campaigns.
“We will strengthen collaboration across multiple areas to accelerate the growth of AI commerce,” said Weiqi Hu, Vice President of MiniMax.
Ant Group executives said AI powered payments are becoming a foundational layer of the digital economy as AI agents evolve from simple assistants into autonomous systems capable of executing tasks independently.
Security and Trust Become Key Focus
As AI agents begin handling user transactions, security concerns are becoming a major challenge for the industry.
To address this, Alipay introduced China’s first Agentic Commerce Trust Protocol, which aims to establish a common framework for communication between AI systems and service platforms.
The company also launched an intelligent security system designed to provide safeguards for AI powered transactions and improve trust between users and AI agents.
“Only when trusted transactions, seamless payments and secure controls are all in place can agentic commerce truly take off,” said Lin Zhu, General Manager of Alipay AI Payment Business.
Alipay AI Pay Crosses 300 Million Transactions
Ant Group revealed that Alipay AI Pay surpassed 100 million users in February 2026 and has now processed more than 300 million transactions.
The company said its AI payment technology is already being used across several industries and platforms, including Luckin Coffee, Rokid smart glasses, Alibaba’s Qwen AI platform, ByteDance backed development platforms Coze and Qoder, smart vehicle cockpits and AI-powered retail systems.
Alipay also announced a new developer support initiative that offers token incentives and zero payment processing fees for individual AI developers building within its ecosystem.
CoinLaw’s Takeaway
In my experience, this launch shows how quickly AI is moving beyond chatbots and becoming deeply integrated into daily financial activity. I found Alipay’s strategy particularly important because the company is not just building AI tools, it is building the payment infrastructure that could sit underneath the entire AI economy.
The introduction of AI Wallet also highlights a growing industry concern around trust and oversight. If AI agents are going to shop, subscribe and spend money for users, companies will need to provide strong transparency and security controls from day one. Ant Group appears to understand that challenge early.
