Zip Co Limited (ASX: ZIP) announced that its U.S. division will support Stripe's Shared Payment Tokens (SPTs), extending its buy-now-pay-later options into AI-powered commerce transactions.

Stripe's Shared Payment Tokens allow AI agents to initiate purchases on a customer's behalf using their preferred payment method without exposing sensitive payment credentials. Zip said the integration is intended to make flexible payment options available in AI-driven checkout experiences, which have traditionally been limited to card-on-file payments.

"At Zip, we believe even as technology evolves, trust should remain with the customer," said Rory Herriman, U.S. Chief Technology and Operating Officer of Zip US. "By supporting Stripe's Shared Payment Tokens, we're bringing flexible payment options into these new experiences in a way that preserves choice, transparency, and confidence at every step."

Kevin Miller, Head of Payments at Stripe, said the integration would help merchants increase conversion rates while giving buyers additional payment choices at checkout.

Zip operates in two core markets — Australia and New Zealand and the United States — connecting customers with a network of merchants through point-of-sale credit and digital payment services. Loans through Zip's U.S. operations are originated by WebBank.