News Summary

• Google announced a new protocol for purchases initiated by AI agents.
• Called the Agent Payments Protocol (AP2), the system is meant to be interoperable between AI platforms, payment systems and vendors.
• AP2 has already won the support of major financial providers like Mastercard, American Express, and PayPal.
• The protocol is built for a future in which AI agents routinely shop for products on customers’ behalf and engage in complex real-time interactions with retailers’ AI agents, the company says.