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Mastercard, DBS and UOB successfully trial autonomous payment by AI agent in Singapore

Nurdianah Md Nur
Nurdianah Md Nur • 2 min read
Mastercard, DBS and UOB successfully trial autonomous payment by AI agent in Singapore
The trial by Mastercard and Singapore banks shows how AI systems could carry out everyday purchases on behalf of consumers once identity and consent are verified. Photo: Bloomberg
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Mastercard has completed its first live authenticated “agentic” payment transaction in Singapore, a test that shows how artificial intelligence (AI) agents could begin executing everyday purchases on behalf of consumers.

Conducted with DBS Bank and United Overseas Bank (UOB), the transaction involved an AI agent booking a ride to Singapore’s Changi Airport through mobility provider hoppa. The system used tokenised credentials and Mastercard Payment Passkeys to authenticate the purchase and verify the consumer’s identity.

The demonstration was powered by Mastercard’s Agent Pay platform, which is designed to allow AI agents to initiate payments securely once user consent is confirmed. In the pilot, an AI agent developed by CardInfoLink connected to hoppa’s taxi and airport limousine network to complete the booking.

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