Ant Group Launches AI Wallet and Token Pay Services

On May 26, Ant Group's Chief Executive Officer, Han Xinyi, announced at the Alipay AI Payment Ecosystem Conference that Alipay has completed the construction of a full-stack AI-native payment system for the AI era, and launched the world's first Token Pay service and AI wallet product, forming a complete product matrix together with the previously introduced AI Pay and AI Receive.

Han Xinyi characterized this transformation as a fundamental reconstruction of payment form. He believes that as we enter the era of intelligent economy, the essence of business and the principle that "AI ultimately serves people" remain unchanged. What truly changes is the executor of the payment - shifting from humans to AI Agents, with service continuity ensured by computation power dispatching, and supporting seamless payments.

In his view, the intelligent era has given rise to three new payment characteristics: The fragmentation of service scenarios to a high degree makes micro-payments a necessity; AI payments will widely penetrate scenes such as content consumption and data authorization; A significant reduction in payment costs will stimulate the long-tail economy. As a result, payments evolve from a transaction tool to the "center of value dispatching," carrying the circulation and value transformation of multi-dimensional digital assets.

Looking at the implementation data, Alipay disclosed that AI payments have cumulatively completed 300 million AI intelligent entity payments, supporting 95% of universal intelligent entity frameworks, and claims to be the world's first large-scale commercial AI-native payment infrastructure.