Stripe Release Notes

Agentic Commerce Protocol

A future where we buy with AI agents feels inevitable. Making it actually work is another story. The moment agents meet live product catalogs, inventory, fraud systems, and customer support queues, sellers quickly run into a long list of real-world edge cases to solve for.

Over the past six months, we launched the
Agentic Commerce Protocol
(ACP), an open checkout specification that lets buyers, AI agents, and sellers transact through APIs; introduced a complete agentic solution with the
Agentic Commerce Suite
; integrated businesses such as Etsy and URBN; and powered AI shopping experiences across agents. That’s given us an insider’s view into what matters in production, from the unglamorous integration work to the failure modes we’ve seen early adopters grapple with.

These lessons from the first generation of agentic commerce are meant to help sellers decide what to tackle first, avoid common bottlenecks, and be proactive about what’s coming.

Your product catalog is the entry point to agents, but different AI agents want your data in different formats. One needs an SFTP file drop. Another wants a custom API integration. A third has its own feed spec entirely. We’ve seen brands reformat the same product catalog in six different ways to get listed across multiple AI agents. It creates an ongoing maintenance burden that’s a drag on time and resources.

We’ve heard frustration from sellers about having to build (and rebuild) custom integrations for every agent. It’s why we designed the Agentic Commerce Suite: to prevent catalog fragmentation and support the full transaction lifecycle, from discovery to checkout. Upload your product catalog data to Stripe, and we syndicate it across supported agents. No duplicate work or reformatting required.

In practice, getting “ingestion-ready” product data is what determines whether you show up reliably across agent surfaces.

Formatting your catalog is the starting point. Sellers are also increasingly focused on avoiding data lag. When a potential customer is looking at a specific product in an agentic channel, the agent needs to verify it’s in stock right now, not 15 minutes ago. One platform recently asked us if inventory verification happens down to the millisecond, underscoring how close to real time agents must confirm availability before showing customers a checkout option.

This gets even more complicated when you add variants to the mix, which are difficult to format in a way that agents can reliably understand. Take a shirt where the shopper can choose a size, a color, and even add custom embroidery. Or consider a sneaker in 14 different colorways, each with its own size availability. In cases like these, agents will need real-time checks to confirm that a specific item or combination is actually in stock, or to know when to prompt the customer with alternative options.

We worked with partners like OpenAI to stress-test the ACP against market complexity. With your Stripe-hosted ACP endpoint (via the Agentic Commerce Suite), you can share availability with AI agents in the checkout API call. As agentic commerce scales, real-time systems will be key for customer trust and brand reputation.

Since we codeveloped ACP with OpenAI in September 2025, we’ve shipped four releases and added
payment handlers
,
scoped tokens
,
extensions
(starting with
discounts
), built-in buyer auth, and native
MCP transport
. That protocol work is important, but sellers can’t afford to rebuild their stack every time a protocol changes. We built the Agentic Commerce Suite as a protocol-agnostic commerce layer that works across standards, including Google’s UCP, so sellers don’t have to bet their roadmap on any single spec.

The businesses we talk to are wary of building zombie integrations: something they ship for a specific AI agent that becomes obsolete six months later after a strategic pivot. Unless you want to staff a team dedicated to tracking protocol changes, you need a partner that can absorb that volatility. Integrate with Stripe once, and we’ll keep you compatible across agents as protocols evolve.

One key link between agents and existing payment rails is the token layer. To enable agentic transactions, the Agentic Commerce Suite handles and processes
Shared Payment Tokens
(SPTs), a payment primitive built for agentic commerce that allows agents to initiate payments with a buyer’s permission and preferred payment method, without exposing credentials. For many retailers, especially large enterprises, this token layer is where Stripe adds particular value. They need infrastructure that makes agentic transactions possible in the first place: secure, scoped tokens that let agents transact on behalf of buyers.

But agentic transactions aren’t only about the payment. There are multiple steps that have to work correctly in the flow: catalog discovery, checkout state management, shipping, and post-sale details such as returns and refunds. Stripe has a part in all of them.

We’re playing an open source role by bringing a protocol into the world alongside OpenAI. But we’re also building the business layer on top, providing fraud tools, onboarding of businesses, catalog management, and more, so businesses can support agent-driven commerce end to end, not just at the moment of payment.

One of the most common questions we hear from sellers is about whether we’re seeing an uptick in fraud as agentic commerce grows in volume. The answer is reassuring: since launching the Agentic Commerce Suite with major retailers like Coach, Kate Spade, and Ashley Furniture, fraud rates have been near zero.

Traditional fraud detection relies on signals tuned to human traffic: everything from browser fingerprinting and mouse movements to device battery level and window size. Those signals vanish in an agentic world where there’s no human buyer on the frontend. Instead, we leverage the density of the Stripe network. Even if an agentic purchase is “new” to a given business, the end customer and their payment method likely aren’t new to Stripe, which gives an immediate source of history and risk context.

By using SPTs (described above), Stripe Radar can apply the same scrutiny to agentic transactions as it does to direct checkout flows, even when authorization happens off-Stripe. The result is enterprise-grade fraud protection that works without needing weeks of seller-specific data history.

Don’t flip the switch on your entire catalog. One approach we’ve seen work is to start with a focused set of SKUs you believe will convert, so you can measure performance and watch how the channel actually behaves. When starting out, stick to straightforward products that ship directly to the buyer’s home (nothing that requires installation or complex fulfillment coordination) as the frontend user experience develops.

URBN, the parent company of Anthropologie, Free People, and Urban Outfitters, sells everything from plants to custom furniture. When launching agentic commerce, the brand focused on a subset of its most popular products (dresses and denim) that would provide value early.

For sellers, the early phase of agentic commerce means being strategic about which SKUs, payment methods, and fulfillment options you enable first. Think of it as gathering data so you can scale intelligently. The good news is that the scope of what’s possible is expanding quickly. In time, agents will enable new buying experiences beyond single-item, single-business carts. Starting small positions sellers to take advantage of those capabilities as they go live.

Early retail happened in store. First-wave ecommerce happened on your site. Mobile maintains your brand’s look and feel. Agentic commerce shifts buying intent onto AI surfaces. That changes how sellers need to think about discovery, brand control, dispute resolution, and trust.

It also demands a strategic reframe. Agents often sit between the seller and the customer; they’re helping people discover products and decide where to buy. “Showing up” starts to look less like launching a new channel and more like work you already do for SEO and performance marketing: making sure you’re easy to find and choose. Commerce has always been about meeting customers where they are. It’s the “where” (and who controls it) that’s shifting.

Visibility isn’t the only challenge. Once an agent is in the loop, the messy parts of commerce don’t go away, but they pop up in different places. If an agent confirms an order but a legacy backend rejects it after a fraud check, how do you notify the customer? If a customer returns to an AI surface and says, “Cancel my order,” does the agent reliably route that request to the seller? We’re working with sellers and our AI partners to anticipate these issues and build solutions proactively.

The logged-in state is the holy grail for sellers. It allows them to recognize customers across sessions and channels, personalize experiences, and apply benefits such as loyalty and saved preferences. Right now, most agentic commerce still behaves like a guest checkout: the agent acts as proxy, and the customer’s identity isn’t revealed until the moment they hit “buy.” Identity signals exist, but sellers have to do a lot of manual work to capture what’s available and map it into existing customer and order management systems.

As a result, brands we talk to are struggling to honor loyalty benefits, apply targeted discounts, and attribute conversion (or diagnose abandoned carts) with the same fidelity they’re used to. And as agents get better at making timely, relevant recommendations, the decision to buy can happen faster. If checkout then forces extra steps (whether that’s a click-out to a business’s site or additional confirmation and form-fills), sellers risk losing that intent.

It’s one reason we’re continuing to improve Link, a digital wallet built by Stripe. For returning Link customers, shipping and payment details are already saved, so checkout is faster. Link can also give agents a safer way to complete purchases without exposing a shopper’s personal or payment details.

Over time, as the agentic ecosystem matures, we expect to see loyalty programs plug in, more complex fulfillment options supported, and upgrades to post-purchase engagement.

A recurring question we’re hearing from sellers: should you build a first-party agentic experience (like a brand-owned assistant on your site or app), or lean into third-party agentic commerce on external AI agents? In practice, this isn’t an either-or decision so much as a measurement challenge. The two approaches show up in different points in the customer journey.

First-party agents, such as NikeAI, Magic Apron from Home Depot, or Ask Ralph from Ralph Lauren, are primarily about engagement. They deepen relationships with known customers, preserve brand control, and make it easier to maintain customer context like identity and preferences. Third-party agent surfaces are largely about acquisition. They meet customers where they already are and help capture net-new demand. We’ve seen this dynamic emerge early on with Etsy, for example.

There’s an opportunity to design for both. Use first-party agentic experiences to improve retention and lifetime value, and treat third-party surfaces as a new distribution surface that can bring customers to your owned channels over time.

Most of what we’ve covered here is everyday checkout, where a person decides to buy and pays through familiar rails. In parallel, we’re starting to see agents pay other services directly, per request, while they’re completing a task. That’s outside the standard ACP flow. It’s not a checkout session with shipping, loyalty, and a human confirmation step. It’s typically a fast, programmatic payment inside an HTTP call.

Agents also don’t pay like humans. They might make thousands of small decisions a day and need low-latency, HTTP-native payments for pay-per-call or pay-per-task business models. Builders tell us they want to charge agents directly for things like tool usage, data access, or automated workflows, but the existing tooling is mostly built around human checkout.

To help bridge the gap, we previewed
machine payments
using stablecoins on Stripe. With a few lines of code, you can use the PaymentIntents API to charge agents for things such as API usage, MCP calls, or HTTP requests. You specify the amount and currency, then Stripe generates a unique deposit address for that transaction.

From there, you return the deposit address to the agent, so it can pay programmatically. In an x402 flow, for example, the protocol passes the address back to the agent so it knows exactly where to remit payment. You can track status via API, webhooks, or the Stripe Dashboard, and funds settle into your Stripe balance. We’re starting with support for x402 using USDC on Base, with more protocols coming.

We’re already seeing
early

examples
, like charging agents per API call for inventory, pricing, delivery quotes, or pick-up-slot holds, and charging per task for automation such as fitment checks, bundle building, quote generation, or replenishment. This isn’t common in traditional retail yet, and today it’s stablecoin-based, but it points to where agent-native monetization can go as protocols and rails mature.

What’s next

What’s next

Agentic commerce is changing fast. In the near future, agents, humans, and businesses will be able to transact as reliably as today’s checkout, with richer context and better controls. Stripe is building the economic infrastructure for that future.

As agents start buying, selling, and coordinating work on our behalf, we want it to be easy for any business to show up on AI surfaces and get paid reliably. If you already use Stripe for payments, you’re well positioned as agentic commerce expands.

To get there, we’re continuing to improve the
Agentic Commerce Suite
: pushing more real-time updates, expanding SPT
support to more payment methods
, strengthening fraud signals as new vectors emerge, and building the identity resolution logic that helps sellers recognize customers across agentic surfaces. In addition, as agentic commerce becomes more global, we’re investing in broader geographic coverage and support for new verticals.

To learn more about how we’re expanding our agentic commerce solutions,
join us at Stripe Sessions
.

Original source Report a problem

Last year, we launched Shared Payment Tokens (SPTs), a payment primitive for agentic commerce that lets agents initiate payments with a customer’s permission and preferred payment method, without exposing the underlying credentials. We’ve seen widespread adoption of SPTs by leading businesses such as Etsy and URBN (including Anthropologie, Free People, and Urban Outfitters). Since then, sellers have asked us for access to more of the most popular payment methods for agentic transactions.

To that end, we’re expanding SPT support to enable broader access to network-led agentic payment capabilities, including Mastercard Agent Pay and Visa Intelligent Commerce, as well as buy now, pay later (BNPL) methods such as Affirm and Klarna. This makes Stripe the first and only provider that supports both agentic network tokens and BNPL tokens in agentic commerce through a single primitive. These capabilities are already rolling out: Stripe is using agentic network tokens to process transactions across supported AI agents.

For sellers, the experience is straightforward. You interact only with SPTs, while Stripe handles the complexity of provisioning agentic network and BNPL tokens behind the scenes. Any seller already processing payments with Stripe automatically supports these new payment methods for agentic transactions.

Enable network-led agentic payments with Mastercard and Visa

Built by Mastercard and Visa and deployed in partnership with Stripe, agentic network tokens are network-issued, secure digital credentials that allow authorized AI agents to initiate payments on a customer’s behalf without exposing underlying card details.

“Mastercard Agent Pay represents a fundamental shift in how agent-initiated commerce comes to life, extending the scale and trust of network tokenization into AI-driven payments,” said Pablo Fourez, chief digital officer at Mastercard. “Together with Stripe, we’re helping build and scale the critical infrastructure for the agentic economy.”

“Agentic commerce is accelerating the next phase of digital payments, where security, control, and scale are foundational,” said Rubail Birwadker, senior vice president, head of growth products and partnerships at Visa. “Through our partnership with Stripe, Visa agentic network tokens will power agent-driven payments with the same trust, performance, and protections merchants rely on every day.”

When a customer authorizes an agent to make purchases, Stripe provisions an agentic network token from Mastercard or Visa scoped to the customer’s intent and shares it with the agent. The agent can then use these tokens across any seller accepting agentic payments and anywhere Mastercard or Visa is accepted. The network then handles secure credential translation, verification, and authorization. This allows agents to vault agentic network tokens with Stripe once and use them across multiple sellers in alignment with the customer’s intent.

Agentic network tokens function similarly to card-on-file network tokens: payment networks automatically map the agentic network token to the latest FPAN when sending authorization requests to the issuers. They also add additional information in the authorization message for the issuers to make informed authorization and provisioning decisions, and manage disputes and fraud.

Accept Affirm and Klarna payments

BNPL methods, which allow customers to finance purchases and pay them back in fixed installments, were little-known less than a decade ago. Today, they account for over $300 billion in transactions worldwide. Businesses on Stripe can see up to a 14% increase in revenue on BNPL-eligible sessions, driven by increased conversion and higher average order values.

We’re now bringing this value to agentic transactions by adding SPT support for Affirm and Klarna. This allows agents to present flexible payment options on behalf of customers, helping increase checkout conversion rates. And just like with agentic network tokens, sellers already processing payments with Stripe get access to BNPLs in agentic flows.

Here’s how it works: when a customer selects a BNPL option, Stripe surfaces the BNPL confirmation page on the agent’s UI and passes the seller’s credentials to the BNPL provider. This means the customer experience is unchanged while Stripe manages the complexity behind the scenes.

Looking ahead

Looking ahead, we plan to expand SPT support to more payment methods, making agentic payments accessible to more customers. And to learn more about how we’re expanding our agentic commerce solutions, join us at Stripe Sessions.

Original source Report a problem

Stripe 2025 annual letter

SAN FRANCISCO AND DUBLIN—Stripe, the programmable financial services company, has signed agreements with investors to provide liquidity to current and former Stripe employees through a tender offer at a $159B (€135B) valuation. While the majority of funds for the tender offer are being provided by investors including Thrive Capital, Coatue, a16z, and others, Stripe will also use a portion of its own capital to repurchase shares.

Stripe also published its 2025 annual letter to the Stripe community, detailing a strong year for businesses on Stripe and the internet economy overall. Businesses running on Stripe generated $1.9 trillion in total volume, up 34% from 2024, and equivalent to roughly 1.6% of global GDP. Beyond payments, Stripe’s Revenue suite (comprising Stripe Billing, Invoicing, Tax, and more) is on track to hit an annual run rate of $1 billion this year.

In the letter, cofounders Patrick and John Collison wrote:
"Our programmable financial services now power more than 5 million businesses directly or via platforms, including all of the top AI companies, many of the largest blue-chip companies (90% of the Dow Jones Industrial Average), most of the biggest tech companies (80% of the Nasdaq 100), and a significant fraction of freshly minted startups (25% of all Delaware corporations are now created with Stripe Atlas) [...] Stripe remained robustly profitable, allowing us to continue investing heavily in product development (with more than 350 product updates last year) as well as acquisitions. […] All in all, 2025 was a strong year for the internet economy, and we’re delighted to see so many of Stripe’s customers do so well.”

Kareem Zaki, partner at Thrive Capital, said: "After a decade of partnership and seeing their work up close, we believe Stripe has built the premiere financial infrastructure stack for the internet economy, relied on by the fastest growing companies for payments, billing, fraud prevention, tax, and more. While their core business has never been stronger, we believe their most transformative chapters are being written right now. We believe Stripe's lead will only expand across the future of money movement due to their leadership in agentic commerce, stablecoins, and more."

New businesses on Stripe are scaling at record speed

The 2025 cohort of new businesses on Stripe is the highest performing in the company’s history. More new companies joined Stripe in 2025 than ever before, with more than half (57%) based outside the US. Businesses in the 2025 cohort grew around 50% faster than the 2024 cohort. The number of companies reaching $10 million ARR within 3 months of launch was double the 2024 count. Companies incorporated via Stripe Atlas are also monetizing sooner: in 2025, 20% of Atlas startups charged their first customer within 30 days, up from 8% in 2020.

Businesses on Stripe are increasingly global by default

Over the last few years, the country-by-country expansion model has melted away. The “domestic market” for a new generation of internet businesses is the internet itself. Nearly every recognizable AI product launched globally by default, including ChatGPT, Claude, Replit, Lovable, Base44, Vercel, Cursor, Midjourney, and many more. Among Stripe businesses with mostly international revenue, 30% of that revenue comes from countries that are neither their home market nor one of the top 10 global economies.

“This isn’t merely about incremental revenue from a ‘long tail’ of international users. In many cases, the ‘long tail’ is much of the dog,” the Collisons wrote.

Building the economic infrastructure for AI

Agentic commerce has moved into a phase of building and real-world experimentation. As with the early internet, the future success of agentic commerce is contingent on universal interoperability.

To that end, Stripe has been working with a broad set of partners across AI labs, retailers, and leading ecommerce platforms to lay the groundwork for this generational shift:

• With OpenAI, Stripe developed the Agentic Commerce Protocol (ACP) to establish a shared technical language between AI platforms and businesses, open by design.
• Stripe launched an Agentic Commerce Suite, which provides tooling for businesses to sell across multiple AI interfaces and protocols with a single integration. Brands already onboarding include Anthropologie, Urban Outfitters, Etsy, Coach, and Kate Spade.
• Stripe introduced Shared Payment Tokens, a new payment primitive that lets agents initiate payments without exposing credentials, usable even by businesses that don’t process payments with Stripe.
• Stripe launched machine payments, a way for developers to charge agents directly for API calls, MCP usage, and HTTP requests using stablecoin micropayments.
• Stripe partnered with OpenAI to power the first shopping experiences inside ChatGPT. Stripe is also collaborating with Microsoft to bring similar capabilities to Copilot.

Philippe Laffont, Founder and Portfolio Manager of Coatue Management, commented: "In the AI era, Stripe is emerging as the default financial layer for companies at the frontier of the 'token economy' in its work with the world's top startups and enterprises. As intelligent agents begin to participate in commerce, companies are turning to Stripe to handle payments and money movement at global scale."

Stablecoin adoption is spiking

In 2025, the price of Bitcoin dropped precipitously, but stablecoin payments volume doubled to around $400 billion, 60% of which is estimated to represent B2B payments. Bridge, the stablecoin orchestration platform Stripe acquired last year, saw volume more than quadruple.

In July, Stripe acquired Privy, which powers more than 110 million programmable wallets. In September, Stripe unveiled Tempo, a blockchain purpose-built for payments, incubated together with Paradigm. With Tempo, businesses get dedicated payment lanes, sub-second finality, opt-in privacy, and interoperability with compliance and accounting systems—important features for supporting real world economic activity.

Alex Immerman, General Partner at a16z, said: "Stripe has consistently aligned itself with the most important technology shifts—first ecommerce and software-as-a-service, and now agents and stablecoins—and has set a relentless pace of innovation for fifteen years and counting. As Stripe continues building the financial infrastructure of the internet economy, the company has become a default platform for the next generation of ambitious builders and enduring companies. We are thrilled to have been their partners since 2010 and even more excited to deepen our partnership today."

For more information, Stripe’s full 2025 annual letter is available online.

Original source Report a problem

Stripe, OpenRouter, and AI Payments

SAN FRANCISCO AND DUBLIN—Stripe, the programmable financial services company, today announced that OpenRouter, a platform that gives over 5 million developers access to hundreds of AI models through a single interface, is building on Stripe to support its revenue growth, global expansion, and fraud protection.

OpenRouter lets developers and enterprises easily use a wide range of AI models to build, scale, and optimize AI applications without integrating separately with each underlying model provider. To support this experience, OpenRouter uses Stripe Invoicing to bill customers on flexible terms and collect payments, while Stripe Tax automates global tax calculation and collection. OpenRouter also uses Radar for Fraud Teams to fine tune fraud controls and manage risk performance from the Stripe dashboard.

OpenRouter uses Stripe to accept payments from its global customer base across credit cards and local payment methods, including Alipay, WeChat Pay, Amazon Pay, Cash App, and Google Pay. Stripe’s Adaptive Pricing allows OpenRouter to display prices in local currencies at checkout across more than 150 countries, providing a localized payment experience for its customers.

“Stripe handles payment complexity in an elegant way so we can focus on making AI models accessible and high-quality for developers everywhere. As OpenRouter scales globally, having reliable payments infrastructure is essential to delivering the seamless experience our users expect,” said Alex Atallah, cofounder and CEO of OpenRouter.

AI products face constantly changing inference costs as model providers update pricing across different models. If developers do not adjust prices when costs fall, they risk losing competitiveness. If costs rise and pricing does not keep up, margins suffer. To manage this, developers typically need to spend considerable time and effort manually tracking cost changes and updating pricing. To solve this, Stripe partnered with OpenRouter so developers can route model requests through OpenRouter while Stripe automatically tracks usage, applies pricing, and handles billing. Together, Stripe and OpenRouter enable developers to respond to cost changes automatically and scale monetization without operational complexity.

Stripe is building the economic infrastructure for AI. That includes partnering with the most ambitious AI companies and being their growth partner by providing the most reliable and fastest-improving financial infrastructure. Every company in the Forbes AI 50 that monetizes does so on Stripe.

Original source Report a problem

Acquisition and momentum

Last week, Stripe finalized its acquisition of Metronome, the industry leader in usage-based billing. Over the past two years, we’ve extended Stripe Billing to provide first class support for usage-based and hybrid billing models. Thousands of customers, including some of the fastest-growing AI companies in the world, use Stripe Billing for complex usage-based revenue models. With Metronome, we’ll build on this momentum; the next phase of usage-based billing at Stripe will cover product catalogs with thousands of SKUs, sales-led business models, and powerful revenue analytics. Together, we’re building the most flexible and complete billing solution on the market—one that works for everyone, from a couple of engineers in a garage figuring out their business model to public companies monetizing at global scale.

Pricing innovation and product development

At Stripe, we’ve always worked with businesses at the frontier of product innovation. We’re now seeing a parallel trend in pricing innovation. Companies are embracing consumption-based models and treating monetization as an active part of product development rather than a static, back-office function. With Stripe Billing, we provide the modern monetization infrastructure that lets companies move faster and experiment commercially—without needing to stand up large, specialized engineering teams.

Capabilities and partnerships

We already support companies with a broad range of billing models, including credit burndown (Lovable), outcome-based billing (Intercom), and subscriptions (Anthropic). With Metronome now a part of Stripe, we’re able to extend our capabilities to support multidimensional metering for the complex product catalogs of AI infrastructure companies (OpenAI), as well as custom contracting for companies that combine a sales-led growth motion with usage-based pricing (Confluent, Anyscale).

Customers, roadmap, and integration

Metronome customers will immediately benefit from Stripe’s global reach and industry-leading reliability. Going forward, we’ll build a unified roadmap for one monetization platform that lets you sell any way your customers want to buy—from self-serve PLG flows and high-touch sales motions to direct purchases through cloud marketplaces. Integrated payments, analytics, revenue recognition, and tax capabilities mean one system to help you grow your revenue and scale.

Learn more

To learn about our latest Stripe Billing updates and how we’re evolving our products together, join us at Stripe Sessions.

Contact us to chat about how we can work together to support your monetization needs.

Original source Report a problem

SAN FRANCISCO AND DUBLIN — Stripe, the programmable financial services company, today announced that Higgsfield, a generative AI video production platform for creative professionals, is expanding its use of Stripe to support its growth and launch a new marketplace. Higgsfield doubled its annual revenue run rate from $100 million to $200 million in just two months, relying on Stripe for checkout, payments, billing, and fraud prevention to grow globally.

Higgsfield integrated with Stripe in three days with a single backend engineer ahead of its product launch last year. It is now using Stripe Connect to launch a marketplace to enable creators primarily from the United States, Europe, UK, South Korea, Japan, and Canada to sell and monetize content on its platform. Connect lets Higgsfield onboard and verify creators, route payments from customers to those creators, and pay out earnings while handling onboarding, identify verification, and compliance globally.

“Higgsfield operates at a global scale, where reliability and compliance matter as much as speed. Stripe provides the enterprise-grade foundation that allows us to support multiple payment methods, operate across markets, and evolve our business model with confidence,” said Alex Mashrabov, founder and CEO of Higgsfield.

Higgsfield uses Stripe to accept payments from its global customer base across credit cards and local payment methods, including Pix in Brazil, Kakao Pay in South Korea, Naver Pay in Japan, and WeChat Pay. Higgsfield also accepts stablecoin payments with Stripe to reduce cross-border transaction costs. Link, Stripe’s consumer wallet used by more than 200 million consumers, now powers over 40% of Higgsfield’s transactions.

Stripe’s Adaptive Pricing allows Higgsfield to display prices in local currencies at checkout across 150 countries, providing a localized checkout experience for its customers. Using Stripe’s AI-powered payment optimizations, Higgsfield has achieved a 95.6% authorization rate across the United States, Europe, and Australia.

Higgsfield uses Stripe Billing to run subscriptions and experiment with pricing as its business evolves. Billing also helps recover revenue that would otherwise be lost to failed payments and reduces churn as the customer base grows. With Stripe Tax, it handles global tax compliance, from identifying obligations to calculating and collecting taxes and supporting filings across jurisdictions. And Stripe Radar helps Higgsfield identify and prevent fraud in real time.

Stripe is building the economic infrastructure for AI. That includes partnering with the most ambitious AI companies and being their growth partner by providing the most reliable and fastest-improving financial infrastructure. Every company in the Forbes AI 50 that monetizes does so on Stripe.

Original source Report a problem

Copilot Checkout

Copilot users in the United States will be able to buy products from Etsy businesses and retailers like Urban Outfitters and Anthropologie in the chat using checkout powered by Stripe.

Stripe’s agentic commerce solutions help power a new experience called Copilot Checkout.

SAN FRANCISCO—Stripe, the programmable financial services company, today announced that it is helping power a new experience called Copilot Checkout. Copilot users in the US will be able to buy products from Etsy businesses and retailers like Urban Outfitters and Anthropologie, all without leaving the chat.

When a Copilot conversation naturally leads to a shopping experience, a Stripe-powered checkout may appear natively within the chat. To populate the checkout, Microsoft communicates with Stripe through an integration. Stripe then connects with the seller via the Agentic Commerce Protocol, an open standard for agentic commerce codeveloped by Stripe. After the buyer provides their payment credentials, Stripe issues a Shared Payment Token, a primitive that facilitates payments without exposing the buyer’s credentials. Stripe then passes this token to the seller, who can process the transaction through Stripe or, if they prefer, with another payment provider while still benefiting from Stripe’s risk signals for fraud protection. The seller remains in control of the data as the merchant of record.

“AI is changing how commerce works, and as with every technology shift, it needs new infrastructure. Stripe is building that infrastructure, and Microsoft is putting it to use by enabling commerce inside Copilot,” said Kevin Miller, head of payments at Stripe.

“With Copilot, we want to make discovering and purchasing products as effortless as possible. As we bring new AI-powered experiences to life, we are collaborating with Stripe to provide the reliable and fast-improving infrastructure that makes this new era of AI-powered commerce possible,” said Nayna Sheth, head of product for agentic payments at Microsoft.

To onboard more merchants faster, Microsoft will work with Stripe to integrate the Agentic Commerce Suite, a solution that helps businesses make their products discoverable to AI agents and handle checkout, fraud protection, and payments through a single integration.

Microsoft has been Stripe’s customer since 2022, when it began using Stripe to power payments. Later, Microsoft adopted Stripe Connect to handle payment acceptance and identity verification for its marketplace initiatives.

This follows Stripe’s recent announcement that it helped power Instant Checkout in ChatGPT. Stripe is building the economic infrastructure for AI, and that includes enabling businesses to thrive in the agentic commerce era.

Original source Report a problem

We hear consistently from our SMB customers that access to financing is a primary obstacle to growth, and that they’re not getting what they need from traditional lenders. We launched Stripe Capital to help fill this gap. Now, to quantify the impact, we completed a two-year randomized trial that directly compared Stripe businesses that accepted Capital financing to similar Stripe businesses that didn’t.

We found that businesses that accepted financing saw revenue on Stripe grow 27 percentage points faster than their peers, on average. We also found that for some businesses, the impact was even greater: the top decile of businesses, by growth rate improvement, saw a 211 percentage point average boost as a result of accepting financing.

Read on to learn how we proved the causal impact of financing on business growth, which kinds of businesses are most likely to see strong results, and how the emergence of nontraditional lenders is poised to increase global GDP.

Proving causation in two distinct time periods

Though it’s intuitive that accepting financing would spur growth, this causal relationship is difficult to prove: the same factors that make a business more likely to receive financing (good credit, high revenue, business longevity) also make it more likely to succeed, with or without an injection of capital. The scale of Capital—in 2025 alone, we provided financing to 76,000 businesses—made it possible to solve for these confounds. We designed a randomized control trial that compared the subsequent on-Stripe revenues of businesses that accepted financing to businesses on Stripe with similar credit, revenue, and longevity profiles that did not have access to Capital.

We ran the experiment twice to confirm that the growth effect was persistent. Our first trial ran from 2020–2021, and we found a striking outcome: an average boost of 114 percentage points to growth rates from financing. But it was likely that at least some of the divergence in growth trajectories was driven by COVID-19-era macroeconomic conditions: low inflation, large swings in GDP growth, and a trend to more ecommerce. Our more recent study—which ran from 2023–2025—took place in a very different economic climate, and found that the boost to growth rates remained strong at 27 percentage points on average.

An outsized impact on small businesses and those with forward-looking plans for their financing

Though we saw a strong average effect on growth rate, results varied greatly. Which characteristics made a business more likely to succeed with financing than others? Here’s what we found.

Financing drives significant growth for the smallest businesses on Stripe

For businesses processing between $3,000 and $76,000 annually on Stripe, Capital drove a 33 to 43 percentage point average boost to their growth rates compared to peers. Within this bucket, we could isolate an even stronger effect if we looked at businesses processing less than $52,000 annually on Stripe that also had top-tier business credit scores: they saw a 94 to 106 percentage point average boost to their growth rates.

These very small businesses are often the ones that struggle the most to secure timely financing from traditional banks. As one Capital recipient said, “Traditional banks just don’t understand how difficult they make the loan process” by requiring “days of completing endless application forms and providing extensive supporting documentation.” Many small business owners don’t have the time or resources to successfully complete these applications, and decline rates are nearly 50%—even for established businesses operating over 10 years.

With Capital, our more complete view of small businesses’ payment trends lets us speed up the process and reach a broader swath of SMBs. Stripe Capital can get financing to an SMB within 1 to 2 days on average, compared to 14 to 40 days at traditional banks. And our data shows that even for small businesses with low or unavailable credit scores, financing sparks growth. After accepting Capital offers, these Stripe businesses saw a boost of 11 to 18 percentage points to their growth rates on average compared to their peers.

Businesses that use financing for forward-looking projects saw higher growth rates

We complemented our experiment with a follow-up survey of around 900 Stripe businesses that participated, and we found that a business’s plans for using its new funding were strongly correlated with how much its growth rates improved.

Among SMBs with top-tier credit scores, those that reported using their financing for growth-oriented goals (selling new products, starting new projects, scaling up the business) saw boosts to their growth rates of 70 to 95 percentage points on average.

When we talk to businesses using Capital, we can see this effect in action: a new initiative, followed by significant growth. Luis Mayendia, the cofounder and CEO of the parking reservation company MyPark, shared that he used Capital to “scale the business by building and deploying additional machines, which started generating revenue immediately.” For Richard Blakely, the cofounder and CEO of Xirsys, financing through Capital allowed the TURN infrastructure company to expand to new markets: “We used the advance to set up servers in China, India, and Japan—allowing us to reach customers all over the world. Since then, we’ve seen our annual revenue more than double.”

Looking forward

The World Bank estimates that in developing economies, there is a $5.7 trillion gap between funding sought and obtained by SMBs. Our findings from Capital suggest that nontraditional lenders can play a significant role in growing the global GDP by closing this gap.

When financing programs are integrated with the tools SMB owners already use to run their operations, access broadens in ways that go beyond greater eligibility. Stripe Capital makes offers proactively, based on payment processing data, and this can encourage SMB owners to pursue growth opportunities they might not otherwise have considered. As one business owner told us, “I am being cautious about growth—maybe a little too much, but this loan was the right size and helped me take a little risk that I probably would not have taken.”

Platforms and marketplaces are well-positioned to do the same for the SMBs they serve, and they will be key allies in closing the funding gap. These providers make it possible for many SMB owners and sole proprietors to get started in the first place, and they see their impact on SMBs grow considerably when financing is part of the picture.

“Stripe Capital is especially valuable in the current environment—where credit card borrowing limits and lines of credit are being cut. For some, it means filling a short-term cash flow gap; for others, it unlocks the ability to invest in new employees, equipment, or marketing,” said Laura Collinson, VP and GM of payments and fintech at Jobber.

If you’re a business owner, learn more about how Stripe Capital could work for you.

If your business is a platform and you’d like to start your own financing program, learn more about how to get started with Stripe Capital for platforms.

Stripe Capital offers financing types that include loans and merchant cash advances. All financing requests are subject to a final review prior to approval. In the US, Stripe Capital loans are issued by Celtic Bank, and YouLend provides Stripe Capital merchant cash advances. In the UK, France, and Germany, Stripe Capital loans and merchant cash advances are provided by YouLend and its affiliates.

Original source Report a problem

Agentic Commerce Suite Announcement

SAN FRANCISCO AND DUBLIN—Stripe, the programmable financial services company, today introduced the Agentic Commerce Suite, a new solution to help businesses get ready to sell through multiple AI agents. Businesses including Coach, Kate Spade, URBN (including Anthropologie, Free People, and Urban Outfitters), Revolve, Ashley Furniture, Halara, ABT Electronics, and Nectar, along with ecommerce platforms such as Squarespace, Wix, Etsy, WooCommerce, commercetools, and BigCommerce, will use Agentic Commerce Suite to capitalize on the new paradigm of agentic commerce.

Stripe recently launched the Agentic Commerce Protocol (ACP), an open standard for agentic commerce. While ACP provides shared technical language between AI agents and businesses, real-world fragmentation remains: every AI agent has its own integration requirements and onboarding flows. Agentic Commerce Suite removes that complexity with a low-code solution for businesses, letting them sell across AI agents with a single integration. Agentic Commerce Suite also handles Shared Payment Tokens, which let AI agents securely pass a buyer’s payment credentials to businesses for processing payments.

“AI is redefining how people discover and shop online, and at Wix we’re focused on giving our users the most powerful tools to stay ahead,” said Amit Sagiv and Volodymyr Tsukur, co-heads of Wix Payments at Wix. “By integrating Stripe’s Agentic Commerce Suite, we’re providing merchants a simple, seamless way to tap into agentic commerce as it emerges, unlocking new opportunities to reach customers, drive conversion, and fuel sustainable growth.”

“At Etsy, our responsibility is to ensure that our sellers’ work can be discovered wherever buyers choose to shop. Stripe’s Agentic Commerce Suite offers an integration solution that makes this easier than ever, enabling us to surface sellers’ unique items to buyers across platforms,” said Rafe Colburn, chief product and technology officer of Etsy.

“Agentic shopping is transforming how people discover and buy products. With Stripe’s Agentic Commerce Suite, Squarespace merchants will be able to effortlessly bring their products into AI agents, unlocking a new way to grow their businesses,” said Dan Chandre, senior vice president of commercial of Squarespace.

Stripe is building the economic infrastructure for AI. Today’s launch of the Agentic Commerce Suite builds on a series of recent announcements, all aimed at helping businesses thrive in the AI-enabled commerce era.

To learn more about the Agentic Commerce Suite, see the blog post.

Original source Report a problem

Agentic Commerce Suite rollout

In September, we announced the Agentic Commerce Protocol (ACP), the first live standard that enables programmatic commerce flows between AI agents and businesses. While ACP creates industry standards for agentic transactions, your business still faces a heavy integration lift to participate in agentic commerce. You have to build and maintain public ACP endpoints with proper versioning and access controls, navigate each agent’s unique catalog specifications and API requirements, and integrate your existing commerce stack with AI agent workflows. This can take up to six months for every new AI agent you support.

Today, we’re introducing the Agentic Commerce Suite: a new solution that gets your business agent-ready. It enables you to sell on AI agents more easily by making your products discoverable, simplifying your checkout, and allowing you to accept agentic payments via a single integration.

To get started, you simply connect your product catalog to Stripe and then, in the Stripe Dashboard, select which AI agents you’d like to sell through. From there, Stripe helps with discovery, checkout, payments, and fraud detection, and will send you order events so you can continue using your existing commerce stack. All components of the Agentic Commerce Suite are modular by default, so you can pick and choose what best meets the needs of your business.

Leading brands are already onboarding to the Agentic Commerce Suite, such as URBN (including Anthropologie, Free People, and Urban Outfitters), Etsy, Ashley Furniture, Coach, Kate Spade, Nectar, Revolve, Halara, and Abt Electronics.

“At Etsy, our responsibility is to ensure that our sellers’ work can be discovered wherever buyers choose to shop. Stripe’s Agentic Commerce Suite offers an integration solution that makes this easier than ever, enabling us to surface sellers’ unique items to buyers across platforms,” said Rafe Colburn, chief product and technology officer at Etsy.

The Agentic Commerce Suite will be rolling out to businesses via the Stripe Dashboard and Stripe APIs; through ecommerce platforms such as Wix, WooCommerce, BigCommerce, Squarespace, and commercetools; and via omnichannel commerce platforms such as Akeneo, Cymbio, Logicbroker, Mirakl, Pipe17, and Rithum. If you’re interested in using the Agentic Commerce Suite, join the waitlist.

“Agentic shopping is transforming how people discover and buy products. With Stripe’s Agentic Commerce Suite, Squarespace merchants will be able to effortlessly bring their products into AI agents, unlocking a new way to grow their businesses,” said Dan Chandre, senior vice president of commercial at Squarespace.

Here’s a closer look at how the Agentic Commerce Suite works.

Make your products discoverable by AI agents

One of the most common questions we hear from businesses today is simple: “How do I get discovered by AI agents?” Businesses want to be discovered through new agentic channels, but they don’t want to build custom capabilities for each agent, maintain dozens of bespoke catalogs and APIs, or manage ongoing changes as standards evolve.

The Agentic Commerce Suite solves this by giving you a dedicated hosted ACP endpoint, allowing you to share near real-time product, price, and availability information with AI agents—with minimal changes required to your existing systems. You can upload your product catalog directly to Stripe or connect your existing product catalog from leading product syndicators. We can then syndicate your product information to each AI agent, and with one click, you can automatically start taking payments across any supported agent.

Simplify your checkout and retain control of your customer experience

Once your products are discoverable, you then need to make sure your existing commerce stack can support taxes, shipping calculations, order management, and fulfillment for agentic transactions. This would require you to build and maintain a complex interoperability layer between your systems and individual AI agents.

The Agentic Commerce Suite is powered by Stripe’s Checkout Sessions API, which helps with aspects of the checkout, including shipping and taxes. You can choose to have Stripe manage this on your behalf via built-in Stripe products, such as Stripe Tax, or you can use your existing commerce stack to upload tax codes, manage near real-time inventory checks, and set dynamic shipping rates—with minimal changes to your systems.

This flexibility extends post-purchase. Once a customer completes an agentic transaction, you simply use your existing in-house order and fulfillment process. As the merchant of record, you also retain all control over customer relationships, including how refunds and disputes are managed.

Accept agentic payments and protect against new fraud patterns

Agentic commerce is reshaping fraud detection. Fraud signals tuned to human traffic are becoming outdated; AI agents lack human variability and can be misflagged as fraudulent. There’s also the possibility for new fraud patterns, as agents can be manipulated by bad actors to place risky orders or bypass normal guardrails. Without the proper systems in place, businesses accepting agentic payments spend more resources fighting fraud, leading to lost revenue, increased chargebacks, and eroded customer trust.

To help protect businesses, the Agentic Commerce Suite handles and processes Shared Payment Tokens (SPTs), a new payment primitive for agentic commerce. AI agents use SPTs to initiate payments using a buyer’s saved payment method without exposing payment credentials. Every token can be scoped to a specific seller, bounded by time and amount, and observable throughout its lifecycle to prevent unauthorized agent actions and reduce the likelihood of disputes.

When used on Stripe, SPTs can also be powered by Stripe Radar to relay the underlying risk signals—including the likelihood of a fraudulent dispute, card testing, a stolen card, a card issuer decline, and other fraud signals—using transaction and payment method details that help differentiate between high-intent agents and low-trust automated bots.

How to get started

The Agentic Commerce Suite will help significantly expand the number of businesses that can start selling on AI agents. Sign up for the waitlist and read our integration guides to learn more.

Original source Report a problem