Invited by the Singapore Economic Development Board (EDB) to expand its Asia-Pacific operations in Singapore, FinTech soon-to-be-unicorn enterprise WooshPay today first disclosed its next-generation payment framework currently in development, which aims to provide the core driving force for the upcoming era of AI Agents. This initiative, internally codenamed “A2A Protocol,” has the core objective of defining and realizing “Agent to Agent (A2A) Payment,” outlining a clear commercial blueprint for the future Agent Economy.
With the number of AI Agents capable of autonomous decision-making and task execution poised for explosive growth, a fundamental commercial gap is becoming increasingly apparent: these agents will become the primary workforce of the digital world, yet they lack a secure, native “wallet” to participate in economic activities. WooshPay’s forward-looking research and development is aimed at laying this critical financial infrastructure before the transformation fully unfolds.
We are at the dawn of a new economic paradigm, the ‘Agent Economy.’ In this economy, the main transactions will occur between AI agents. They will provide services to each other, exchange data, and complete tasks. We must answer a crucial question in advance: what is the most efficient and secure way for one agent to pay another? The A2A payment solution we are building will be the answer.
— Max Ma, Founder & CEO of WooshPay
Core Design Blueprint for AI Agent to AI Agent (A2A) Payments
Traditional payments were designed for humans. The solution WooshPay plans to launch, however, is designed entirely for agents. Its core design blueprint revolves around three innovative pillars aimed at completely restructuring the transaction process:
- Dynamic Agent Payment Credential: In WooshPay’s vision, when a consumer agent needs to purchase a service from a provider agent, it will no longer use any static payment information. Instead, WooshPay’s protocol plans to generate a one-time, task-bound encrypted payment credential for it. This credential will contain the precise intent of the transaction (e.g., “for a single API call to XX Weather, limit $0.005”) and will become invalid immediately after the task is completed, fundamentally eliminating the risk of credential abuse.
- Trusted Agent Identity Framework: WooshPay plans to establish a trusted identity framework that allows each agent to have a verifiable and trustworthy digital identity. Before initiating an A2A payment, both agents will be able to instantly perform mutual identity recognition through this framework (an Agent to Agent Handshake), establishing native trust between machines, which is crucial for building a secure and reliable agent commerce network.
- Intent-Driven Verification & Clearing Mechanism: WooshPay’s payment gateway will be upgraded to understand and verify the “intent” contained within each payment credential. This means that when a provider agent requests to redeem funds, the system will verify that the service provided matches the credential’s original intent. This “Intent Verification” mechanism is central to the security design of A2A payments, ensuring fairness and precision in value exchange.
Creating Value for the Future Ecosystem
Although WooshPay’s A2A payment solution is still in the R&D phase, its goal is to bring revolutionary value to all participants in the Agent Economy:
- For future users and businesses: They will be able to confidently configure budgets and permissions for their AI agents, allowing them to work autonomously 24/7 to create value without fear of security breaches. Final control will always remain in human hands.
- For developers and merchants: This solution is committed to opening up entirely new A2A business models. Developers will be able to create applications that provide micro-services specifically for other agents, achieving automatic and instant monetization through WooshPay’s protocol. A massive Machine-to-Machine service market will be born from this.
- For financial partners: WooshPay plans to invite banks and other financial institutions to participate in building this ecosystem through open APIs and partnerships, enabling them to offer their customers future-oriented, secure, and compliant agent wallet services.
AI Agent to AI Agent (A2A) payment is the lifeblood of the Agent Economy. It must be instantaneous, low-friction, and highly trustworthy. What we are doing is ensuring that this circulatory system is ready before the Agent Economy fully arrives. We are actively in dialogue with industry partners and plan to launch pilot programs in the near future. We invite all developers, businesses, and financial institutions who share the same vision for the future of commerce to define and build this exciting future with us.
— Max Ma, Founder & CEO of WooshPay