American Express Launches AI Payment Development Tools and to Explore Stablecoin Settlement Use Cases

According to Fortune, payment giant American Express announced this week the launch of an agent commerce developer toolkit and pledged transaction protection for errors made by AI agents registered on its network. Agent commerce refers to payments or financial activities conducted on behalf of users by AI agents; while current applications remain limited, the concept has already drawn attention from major payment providers. American Express stated that its existing dispute resolution mechanisms can effectively address transaction risks introduced by AI agents and that it mitigates customer disputes and chargebacks by issuing payment credentials and implementing identity verification measures exclusively for verified agents. Several other payment companies—including Mastercard, Visa, and Stripe—have recently rolled out related infrastructure. American Express also revealed it is exploring the use of stablecoins in settlement but did not disclose specific plans.