Mastercard has completed its first live, authenticated agent-based payment transaction in Singapore, a milestone that advances autonomous AI commerce from proof of concept to everyday use. Announced on March 4, 2026, the transaction was carried out in partnership with DBS and UOB, two of Southeast Asia’s largest banks. In the demonstration, an AI agent booked a ride to Singapore’s Changi Airport through hoppa, a global mobility provider, with the booking facilitated by CardInfoLink’s AI agent, which connects to hoppa’s taxi and airport limousine network. The backbone of the transaction was Mastercard Agent Pay, the company’s framework for secure AI-initiated purchases. Each transaction under Agent Pay uses a Mastercard Agentic Token–uniquely issued per agent–while consumer consent is explicitly captured and purchase confirmation secured through Mastercard Payment Passkeys. Tokenised credentials authenticated with those passkeys ensured strong consumer verification and data protection throughout.…