Rebooting the internet: inside the open-source project to let AI programs pay each other
The newly-convened x402 Foundation is a neutral space where competitors and payment methods can work together to create an open standard for AI agentic commerce.
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Summary
- The x402 protocol is a payments standard for internet-based transacting, to enable payments between AI agents, machine and users via HTTP.
- Premier members of the 40-strong x402 Foundation include Visa, Mastercard, American Express and Stripe.
- The search for an x402 Foundation executive director is now underway, and the group has established a technical steering committee.
