Market News

Skyfire Launches Payment Infrastructure to Enable Seamless Autonomous Transaction Solutions for Businesses and Consumers

AI agent economy, autonomous transactions, monetization features, payment infrastructure, programmatic wallets, Skyfire

Skyfire has launched its payment network tailored for the AI Agent economy, moving out of Beta to offer a new infrastructure designed for autonomous transactions. This platform features streamlined onboarding, programmatic wallets, and enterprise-level capabilities. It allows AI agents to create wallets using various funding options, enabling organizations to set payment policies and generate revenue through agent interactions. The infrastructure includes monetization features and the Skyfire Playground for real-time testing. Supported by notable investments, Skyfire aims to unlock access for AI agents to services that require payments, marking a significant shift in how AI interacts with payment systems.



Skyfire Launches Groundbreaking Payment Infrastructure for AI Agent Economy

Skyfire has officially launched its innovative payment network, moving beyond the Beta phase. This new infrastructure is designed to support “autonomous transactions” in AI-driven economies, making it easier for companies to implement automated financial solutions.

The platform comes equipped with features like smooth onboarding, programmatic wallets, and robust payment controls. Skyfire aims to become the go-to standard for transactions involving AI agents, large language models (LLMs), and various digital services.

With programmatic wallets integrated into the system, businesses and AI agents can readily create wallets that come with multiple funding options, including credit and debit cards, ACH, wire transfers, and USDC on the Base network. This flexibility enables organizations to set payment policies, manage team payments, and generate revenue from AI interactions.

Skyfire’s innovative infrastructure provides tools for programmatic monetization, allowing developers to utilize its no-code solutions efficiently. The platform also lets users set payment rules tailored for AI agents, offering detailed controls for transaction spending, timing, and service providers.

Developers will benefit from the Skyfire Playground, a testing environment where they can simulate agent transactions and interact with LLMs to execute workflows in real time.

During the Beta stage, Skyfire formed partnerships with notable entities such as Pricing Culture, Bazaars, Zinc, and Linkup, greatly increasing transaction volume and user signups.

Investors, including 16z CSX, Coinbase Ventures, and Neuberger Berman, have backed Skyfire’s ambitious project. CEO Amir Sarhangi emphasizes the company’s mission to remove barriers to access for AI agents, ensuring they can easily navigate paywalls and services. Co-founder Craig DeWitt adds that Skyfire’s unique infrastructure is not just an upgrade but a complete overhaul in how AI agents handle payments.

Stay updated on this groundbreaking shift in the payment landscape as Skyfire leads the charge for autonomous transactions in the evolving AI economy.

Tags: Skyfire, AI payment network, autonomous transactions, programmatic wallets, LLMs

What is Skyfire’s new payment infrastructure for autonomous transactions?

Skyfire’s new payment infrastructure allows machines and devices to make payments on their own without human involvement. This means that things like cars, smart devices, or drones can handle transactions automatically.

How does this benefit users?

This system makes life easier by speeding up transactions. Users can trust that their devices will handle payments quickly and securely, reducing the need for manual payment methods.

Is it safe to use?

Yes, Skyfire’s payment infrastructure includes strong security measures to protect user data and transactions. This helps ensure that payments are made safely and that sensitive information is kept private.

Who can use this payment infrastructure?

Many businesses and developers can use this infrastructure. It’s designed for any industry that relies on autonomous technology, including delivery services, transportation, and smart home devices.

When will this be available to the public?

Skyfire is rolling out its payment infrastructure in stages. As they complete the testing phase, they will announce when it will be available for wider use. Keep an eye on their updates for more information.

  • Coinbase Launches 24/7 Bitcoin and Ethereum Futures Trading on May 9 for Enhanced Crypto Trading Experience

    Coinbase Launches 24/7 Bitcoin and Ethereum Futures Trading on May 9 for Enhanced Crypto Trading Experience

    Coinbase Derivatives is set to launch 24/7 Bitcoin and Ethereum futures trading exclusively for US traders starting May 9, 2025. This new feature allows traders to react promptly to Market shifts without being limited by traditional trading hours. Additionally, Coinbase plans to introduce perpetual-style futures contracts that do not expire, giving traders the flexibility to…

  • ASU Alum Demonstrates How a Career in AI Can Be Rewarding and Fulfilling

    ASU Alum Demonstrates How a Career in AI Can Be Rewarding and Fulfilling

    Alenis Fiallo Vargas is a rising star in the field of artificial intelligence, currently leading product development and sales engineering at Kore.AI. Despite facing chronic pain from fibromyalgia during her studies at Arizona State University, Alenis persevered with the support of dedicated faculty, ultimately earning her degrees in engineering management and industrial engineering. Now, as…

  • ASU Alum Reveals How a Career in AI Can Be Rewarding and Fulfilling Without the Stress

    ASU Alum Reveals How a Career in AI Can Be Rewarding and Fulfilling Without the Stress

    Alenis Fiallo Vargas is a rising star in artificial intelligence, currently directing product growth and engineering at Kore.AI. Despite facing chronic pain from fibromyalgia during her studies at Arizona State University, she persevered and graduated with honors in engineering management. With support from dedicated faculty, she learned to balance her studies and eventually earned her…

Leave a Comment

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto
DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto
DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto