Corpay Launches Agent Card to Power AI-Driven Payments | LeapRate
Corpay said Tuesday that it has introduced Agent Card, a capability that allows AI agents to generate controlled virtual cards for approved business transactions.
The move marks the latest step in the corporate payments group’s artificial intelligence roadmap.
The company explained in a press release that the tool enables secure virtual card creation for AI-driven commerce workflows, extending an approach it began in April when it added an AI Virtual Assistant to its Corpay Complete platform.
Agent Card allows AI agents to act on a business’s behalf within the same controls that govern its existing payments.
As AI agents increasingly assist with purchasing, procurement, travel and advertising, Corpay said companies need payment infrastructure that is secure, flexible and built for automation.
“Agentic commerce is creating a new frontier for business payments,” commented Danny Martucci, president and general manager of commercial card at Corpay.
“With Agent Card, Corpay is enabling trusted AI agents to initiate secure, controlled payment workflows using the same principles that make virtual cards such a powerful tool for businesses today: authorization, control, visibility, and security.”
The capability is said to support both user-directed and machine-to-machine payment workflows, incorporating authentication, spend intent authorisation and open standards for AI connectivity.
Corpay added that it is designed to support applications including supplier payments, digital advertising purchases, travel bookings and procurement.
“Virtual cards are uniquely suited for agentic commerce because they can be issued with precise controls for a specific purpose,” said Tom Pierce, chief AI officer at Corpay. He said that made them an ideal payment method for workflows where businesses need automation without giving up governance.
