Alipay Launches World's First Token Pay Service
Alipay has released a full-stack AI-native payment system, launching the world's first Token Pay service and AI Wallet. Together with previously implemented AI Pay and AI Collect, these form a complete agent economy infrastructure covering authorization, payment, settlement, and management. AI Pay has completed 300 million agent payments, supports 95% of mainstream agent frameworks, and has reduced the asset loss rate to one in 100 million; AI Collect allows agents across the web to automatically purchase merchant services, enabling individuals to monetize their experience conveniently through agents.
Alipay has released a full-stack AI-native payment system, launching the world's first Token Pay service and AI Wallet. Together with previously implemented AI Pay and AI Collect, these form a complete agent economy infrastructure covering authorization, payment, settlement, and management. AI Pay has completed 300 million agent payments, supports 95% of mainstream agent frameworks, and has reduced the asset loss rate to one in 100 million; AI Collect allows agents across the web to automatically purchase merchant services, enabling individuals to monetize their experience conveniently through agents.
March 31, 2026 • Why does Token confuse people? Every time large models are discussed, there is always one word that cannot be avoided—Token. "This model supports 100K Token context," "API billed by Token," "The more Tokens, the more expensive"... These statements are seen every day, but what exactly is a Token...
May 18, 2026 • 1. Where did the word Token come from? Many people think Token is a new word that emerged only in the AI era, but actually it has a long history. The word "Token" originates from Old English "tācen," originally meaning "symbol" or "mark." In the 1960s, Token officially entered comput...
April 13, 2026 • The popularity of "Lobster" OpenClaw has also made a concept term in the AI circle—"token"—popular. Before this, it didn't even have a corresponding Chinese name. Some called it "token" (literal), others called it "steal bite" (phonetic). Finally, at the China Development High-level Forum...
April 3, 2026 • What is Token? Token Billing Explanation Axiaoyun axiaoyun.com For example, assuming the same 100 million Tokens, assuming input and output are 1:1, the price range for mainstream domestic large models is approximately 100 to 2000 yuan, while foreign prices...
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