ATLANTA — July 28, 2026
Executive Summary
Corpay has launched Agent Card, a new capability that enables trusted AI agents to generate secure virtual cards for approved business transactions. Built on the company’s AI-first payments strategy, the solution combines automation, payment controls, authorization, and security, helping organizations confidently support AI-driven commercial workflows while maintaining governance over corporate spending.
Announcement Overview
Corpay announced Agent Card, expanding its AI capabilities by allowing trusted AI agents to create controlled virtual cards for business payments. Introduced after the company’s AI Virtual Assistant launched within the Corpay Complete platform in April, the new capability supports both user-directed and machine-to-machine payment workflows. By combining authentication, spend authorization, AI connectivity standards, and existing virtual card controls, Agent Card is designed to help businesses automate commercial payments while preserving visibility, compliance, and spending oversight across evolving AI-powered business operations.
Key Announcement Details
- Announcement Type: Product Launch
- Announcing Entity: Corpay, Inc. (NYSE: CPAY)
- Product: Agent Card
- Announcement Date: July 28, 2026
- Dateline: Atlanta
- Industry: Corporate Payments
- Technology: Artificial Intelligence (AI), Virtual Cards
- Purpose: Secure AI-driven business payments
- Capability: Controlled virtual card creation for AI agents
- Platform: Corpay Complete
- Previous AI Milestone: AI Virtual Assistant launched in April
- Supported Workflows: User-directed and machine-to-machine payments
- Core Controls: Authorization, control, visibility, security
- Authentication: Spend intent authorization
- Connectivity: Open AI standards
- Platform Compatibility: Leading AI agent platforms
- Primary Use Cases: Supplier payments, digital advertising, travel bookings, procurement workflows
- Business Benefit: Automated payments with governance
- Strategic Focus: AI-first payment infrastructure
- Long-Term Vision: Agent-ready commercial payments
- Ticker Symbol: NYSE: CPAY
AI-first roadmap expands with Agent Card
Corpay has expanded its artificial intelligence strategy with the introduction of Agent Card, a capability developed to support AI-driven commerce through secure virtual card issuance.
Earlier in April, the company introduced an AI Virtual Assistant within the Corpay Complete platform to assist finance teams with everyday work. Agent Card represents the next phase of that strategy by enabling trusted AI agents to perform payment-related actions on behalf of businesses while remaining within Corpay’s established payment control framework.
The company stated that the capability extends its AI-first approach without compromising the governance standards that have traditionally supported its corporate payment solutions.
Supporting secure AI-powered commercial payments
As AI agents become increasingly involved in business operations, organizations require payment infrastructure that is capable of supporting automation while maintaining strict financial controls.
According to Corpay, Agent Card has been developed to meet those requirements by combining virtual card technology with AI-enabled workflows.
The capability is intended to support:
- Secure virtual card creation
- Controlled payment authorization
- AI-driven commerce workflows
- Automated commercial transactions
- Business payment governance
- Visibility into payment activity
- Flexible payment automation
Company Commentary
Danny Martucci, President & GM of Commercial Card at Corpay, said:
“Agentic commerce is creating a new frontier for business payments.”
He added:
“With Agent Card, Corpay is enabling trusted AI agents to initiate secure, controlled payment workflows using the same principles that make virtual cards such a powerful tool for businesses today: authorization, control, visibility, and security.”
Platform architecture and payment controls
Agent Card is designed to support both customer-directed AI experiences and fully automated machine-to-machine payment workflows.
The capability incorporates several technologies intended to maintain secure payment execution while allowing AI agents to operate within predefined business rules.
These include:
- Authentication
- Spend intent authorization
- Open standards for AI connectivity
- Virtual card controls
- Secure payment workflows
- Integration with leading AI agent platforms
Corpay stated that this architecture allows businesses to adopt AI tools that align with their operational requirements while continuing to enforce existing spending policies and governance controls.
Commercial use cases
The company expects Agent Card to support a growing range of AI-enabled commercial payment scenarios.
Examples highlighted include:
- Supplier payments
- Digital advertising purchases
- Travel bookings
- Procurement workflows
- Additional business scenarios where AI agents act on behalf of users or enterprise systems
These use cases are intended to help organizations automate routine commercial payment activities while maintaining appropriate oversight.
Virtual cards and agentic commerce
Tom Pierce, Chief AI Officer at Corpay, said:
“Virtual cards are uniquely suited for agentic commerce because they can be issued with precise controls for a specific purpose.”
He continued:
“That makes them an ideal payment method for AI-enabled workflows where businesses need automation without giving up governance. Our role is to help businesses modernize their payment infrastructure with innovative solutions that prepare them for an AI-driven, agent-ready future.”
Continuing investment in AI-enabled payment infrastructure
Corpay stated that Agent Card reflects its ongoing investment in modern payment infrastructure as businesses increasingly incorporate AI agents into commercial processes.
The company believes the capability will help customers:
- Safely adopt AI-powered payment workflows
- Strengthen payment governance
- Support secure automation
- Maintain spending controls
- Prepare payment infrastructure for future AI-driven commerce
About Corpay
Corpay, Inc. (NYSE: CPAY) is a global S&P 500 corporate payments company that provides payment solutions for businesses and consumers. Its offerings help organizations manage vehicle-related expenses, including fueling and parking, travel expenses such as hotel bookings, and accounts payable for vendor payments. Corpay’s payment platform is designed to simplify expense management, improve financial control, reduce administrative effort, and help customers save both time and money.
Source Attribution
Source: Company announcement
