Mastercard to Launch Agent Pay Across the Caribbean in 2026, Ushering in the Region’s AI Commerce Era

Mastercard has announced that its new AI-powered payments program, Agent Pay, will roll out across Latin America and the Caribbean in 2026, marking a major milestone in how the region will buy, sell, and transact.

Agent Pay enables digital assistants and AI agents to securely make purchases, pay bills, reorder items, and handle transactions on behalf of consumers using a new technology called Agentic Tokens, dynamic, secure digital credentials with built-in permissions, traceability, and fraud protection.

Banks and card issuers across the region are expected to be enabled for Agent Pay transactions as early as February 2026, ensuring rapid integration across the financial ecosystem.

Mastercard has also confirmed a strong line-up of early partners, including Bemobi, Checkout.com, Davivienda, Evertec, Getnet, Inti, MagaluPay, and Yuno to help scale AI-driven commerce to millions of merchants and consumers.

For Caribbean businesses, Agent Pay means customers will soon be able to buy through their AI assistants, without checkout pages or manual steps. Merchants will gain frictionless sales, fewer fraud risks, and access to automated repeat purchases, all without needing to build AI themselves. Mastercard’s Agent Pay Acceptance Framework ensures merchants can adopt agentic payments with minimal effort.

In short, Agent Pay represents the next frontier of commerce in the Caribbean, where trusted AI agents transact safely and seamlessly on behalf of real customers.

What Does Agent Pay Actually Mean for Caribbean Businesses?

Let’s break this down in real, everyday language because the impact is huge and very practical.

Agent Pay is like giving every customer their own smart personal assistant that can shop, order, and transact on their behalf automatically and safely.

Here’s what that looks like in real life:

1. Your customers will buy from you through AI, not just through your apps or website.

Instead of tapping through a checkout page, they’ll tell their AI:

• “Order my vitamins.”
• “Repurchase last month’s groceries.”
• “Buy two party tickets.”
• “Pay my phone bill.”

And your business will seamlessly accept those payments.

2. No stolen cards. No messy chargebacks. No fraud headaches.

Every purchase uses temporary, secure Agentic Tokens.
No card numbers. No passwords. No sensitive data in transit.

3. More sales with less friction.

Agent Pay removes the checkout bottleneck completely.
No abandoned carts. No fumbling with forms.
Just instant, AI-powered purchasing.

4. You don’t need to build AI. Mastercard handles the complexity.

Merchants simply accept a new payment method.
Mastercard does all the verifying, securing, and fraud prevention behind the scenes.

5. AI becomes your newest – and most consistent – customer.

AI agents will:

• Reorder when a product is running low
• Compare prices and pick your business
• Automatically book services
• Manage subscriptions
• Recommend you to the user

This means steady, predictable sales without requiring human action.

Why This Matters for the Caribbean

Agent Pay represents a major leap forward in Caribbean digital commerce. It accelerates our region’s transition into an AI-enabled economy, lets businesses plug into global standards with minimal friction, and opens up new ways for consumers to shop, pay, and engage.

Most importantly, it levels the playing field – allowing small merchants, creators, service providers, and digital entrepreneurs to participate in the next frontier of commerce without needing to build AI themselves.