Alipay launches the world's first Token Pay service

Alipay has launched a full-stack AI-native payment system, introducing the world's first Token Pay service and AI Wallet. Together with the previously launched AI Pay and AI Receipt, this forms a complete intelligent agent economy infrastructure covering authorization, payment, settlement, and management. AI Pay has completed 300 million intelligent agent payments, supports 95% of mainstream intelligent agent frameworks, and reduced the loss rate to one in a hundred million. AI Receipt enables agents across the network to automatically purchase merchant services, and allows personal experience to be easily monetized through agents.