Fintech soonicorn Cashfree Payments has launched ‘Checkout for Agents’, a new tool that enables AI agents to process customer payments seamlessly. 

The new feature is built on the open-source WebMCP (model context protocol). The startup claims that merchants using Cashfree’s checkout page can avail the service without requiring any code changes or technical updates. 

The new solution aims to address a critical friction point in agentic commerce. While global purchases initiated by AI agents are projected to hit $1.5 Tn by 2030, traditional web interfaces remain optimised for human navigation. Hence, AI agents consume nearly 2 Mn tokens on average to decode the web page when they need to execute a transaction. 

By leveraging WebMCP, Cashfree claims that its new checkout tool directly communicates all the available actions to the AI agents, including reading order total and selecting payment mode. The startup claims its solution reduces token consumption by over 40%.

The architecture also allows personal AI assistants like Instinct, Meta’s Muse, and Grok Bot to reach the final payment step with fewer errors and lower drop-off rates, while leaving the final transaction authorisation with the user. 

“If an agent is visiting and browsing the merchant’s website, there will not be any drop off at the payment layer. Your speed of conversion will increase, token usage will drop, and the success rate will be near 100% as far as an agent making a payment is concerned,” Cashfree cofounder Reeju Datta told Inc42. 

He foresees AI agents driving a significant share of traffic to Cashfree’s customers in the future.

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