Tier 2 · Should know

Payments

In one line

Processing, fraud, and tokenisation — increasingly extended for agentic transactions.

Fuller explanation

Payments (e.g., Stripe) handle processing, global methods, fraud (Radar), and billing. Stripe joined the MACH Alliance in June 2023. Payments are now central to agentic commerce: ACP (Stripe/OpenAI), Mastercard Agent Pay, and Google's AP2 are building trust/tokenisation so agents can pay.

Interview phrase

"Payments stopped being plumbing the moment agents started needing a trusted way to transact."