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Corpay Introduces Agent Card Capability to Power Secure Agentic Commerce

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virtual cards financial
Digital payment cards that exist only as electronic numbers and settings rather than a physical plastic card; they can be single‑use or set to expire after a short time and are linked to a bank or corporate account. Like a disposable key for one online purchase, virtual cards cut fraud risk, make expense tracking and reconciliation faster, and let businesses tightly control who can spend what — factors that can lower losses and boost revenue or efficiency for banks, fintechs and corporate clients.
machine-to-machine payment workflows technical
Automated processes where machines, devices, or software systems initiate, authorize and settle payments with each other without human intervention. Like a vending machine automatically paying a delivery robot or a smart meter sending a bill to a billing system, these workflows use APIs, credentials, tokens or smart contracts to move money and record transactions, and they matter to investors because they can change transaction volumes, operational costs, revenue models and risk profiles for companies.
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AI agents can now generate controlled virtual cards for approved business transactions — the next step in Corpay's AI roadmap

ATLANTA--(BUSINESS WIRE)-- Corpay, a global leader in corporate payments, today announced Agent Card, a new capability that enables secure virtual card creation for AI-driven commerce workflows. In April, Corpay brought AI into the everyday work of finance teams with an AI Virtual Assistant in the Corpay Complete platform. With Agent Card, Corpay extends their AI first approach a step further, allowing AI agents to act on a business's behalf directly, within the same controls that have always defined Corpay's approach to payments.

As AI agents increasingly assist with purchasing, procurement, travel, advertising, and other business workflows, companies need payment infrastructure that is secure, flexible, and built for automation. Corpay’s Agent Card capability brings virtual card controls into these new AI-powered experiences, helping organizations manage payments with confidence.

"Agentic commerce is creating a new frontier for business payments," said Danny Martucci, President & GM 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."

Agent Card supports both user-directed agent experiences and machine-to-machine payment workflows. Incorporating authentication, spend intent authorization, and open standards for AI connectivity, Agent Card works with leading AI agent platforms to make secure payments on behalf of customers. This architecture gives customers the freedom to use the AI tools that best fit their business processes, while continuing to ensure that spending controls are enforced. The capability is designed to support a range of future commercial applications, including:

  • Supplier payments
  • Digital advertising purchases
  • Travel bookings
  • Procurement workflows
  • Other scenarios where AI agents may act on behalf of a business user or system

"Virtual cards are uniquely suited for agentic commerce because they can be issued with precise controls for a specific purpose," added Tom Pierce, Chief AI Officer at Corpay. "That makes them an ideal payment method for AI-enabled workflows where businesses need automation without giving up governance. Our role is to help businesses modernize their payment infrastructure with innovative solutions that prepare them for an AI-driven, agent-ready future."

Agent Card reflects Corpay's continued investment in modern payment infrastructure and commitment to helping businesses safely adopt new technologies as AI agents become more active in commercial transactions.

About Corpay

Corpay, Inc. (NYSE: CPAY) is a global S&P500 corporate payments company that helps businesses and consumers pay expenses in a simple, controlled manner. Corpay’s suite of modern payment solutions helps its customers better manage vehicle-related expenses (such as fueling and parking), travel expenses (e.g. hotel bookings) and payables (e.g. paying vendors). This results in our customers saving time and ultimately spending less.

Corpay – Payments made easy. To learn more, visit www.corpay.com.

Media Contact:
Sarah Brown
Sarah.Brown@Corpay.com
(770) 449-0479

Source: Corpay