Category: Protocols · Source: prnewswire.com · Published: 2026-11-02T06:57:00+00:00

Tencent and Mastercard Sign MOU on Cross-Border Payment Interoperability and Agentic Payments

Summary

TenPay Global and Mastercard have signed a Memorandum of Understanding (MOU) to explore cross-border payment interoperability and agentic payments. The agreement outlines a framework for enabling AI agents to initiate and settle transactions across borders using existing payment rails. This is a preliminary step focused on technical alignment and standardization, not a live product launch. No specific consumer or merchant features are currently available; the initiative remains in the proposal and research phase, aiming to define how agent identity and authorization will function within international payment networks.

Key impact

Establishes a framework for AgentFi interoperability standards between major payment networks.

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