BNB Chain brings in Agentic Commerce Payments with Binance Pay and Google
The post BNB Chain brings in Agentic Commerce Payments with Binance Pay and Google appeared on BitcoinEthereumNews.com.
BNB Chain, Binance Pay, and Google have launched a joint initiative built on Google Cloud’s infrastructure, Binance Pay’s transaction tools, and BNB Chain’s blockchain network for efficient agentic commerce payments. According to the partnership’s announcement made through BNB Chain’s LinkedIn feed on Monday, the collaboration will add Binance to a select group of companies working directly with Google Cloud within a framework known as the Agent Payments Protocol. As reported by Cryptopolitan, Google introduced the Agent Payments Protocol (AP2) in mid-September as an open and interoperable network that uses AI agents to start and complete payments in compliance with industry standards and regulations. AP2 can operate as an extension of the existing Agent2Agent protocol and the Model Context Protocol, where automated systems communicate through different layers of the digital commerce stack. BNB Chain adds new payment architecture via Google Cloud According to the organizations involved, the project will include communication between a Model Context Protocol and the Agent Payments Protocol. Binance said it would be the first time the issuer is included when receiving a payment mandate. Many companies are preparing for AI systems that can make purchases, manage subscriptions or handle invoice payments without direct human input. In one example of the system’s security features, if a merchant requests $50 but the mandate authorizes only $10, Binance Pay users can reject the overage request to protect their funds. The companies believe in allowing the issuer to receive mandates directly, and they are supposedly attempting to strengthen the decision-making process around AI-led transactions. During its AP2 launch in September, Google said more than 60 organizations are participating in the development of AP2, like Adyen, American Express, Ant International, Coinbase, Etsy, Intuit, JCB, Mastercard, Mysten Labs, PayPal, Revolut, Salesforce, ServiceNow, UnionPay International, and Worldpay. “Google’s Agent Payments Protocol (AP2) is a…
