ArisPay — Executive Summary

# ArisPay — Executive Summary **The settlement layer for agentic commerce.** Confidential — April 2026 | [email protected] --- ## The Insight AI agents are starting to spend money. Multiple protocols are emerging to facilitate this — Coinbase's x402, Stripe's Agentic Commerce Protocol, Visa Intelligent Commerce, Skyfire's KYAPay. Each defines how agents negotiate and authorize payments. None of them solve the underlying problem: **where does the money actually live?** Crypto protocols settle on-chain — gas costs, stablecoin-only, no connection to fiat. Card protocols charge per-transaction — which breaks at $0.01 micropayments. Neither works for the agent economy, where an AI might make hundreds of sub-dollar transactions per hour. **ArisPay is the settlement layer underneath all of them.** Fund once with real money. Settle instantly on our ledger. Off-ramp to any currency. ## How It Works 1. **Fund** — Developer loads agent balance via card (Fiserv — fiat on-ramp, sandbox API in hand) or bank transfer (Global Remit). We charge 2-3%. 2. **Spend** — Agent makes payments inside the network as ledger transfers. Instant, internal, near-zero marginal cost. 3. **Withdraw** — Merchants off-ramp to external bank accounts. We charge 1-1.5%. The micropayment advantage: a $0.01 API call doesn't need a $0.30 card transaction — it's a database write. We collect margin on the edges (in and out), not the middle. ## Revenue Model | Stream | Rate | Mechanism | |--------|------|-----------| | On-Ramp Fee | 2-3% | Collected when developers fund agent balances via card or bank | | Off-Ramp Fee | 1-1.5% | Collected when merchants withdraw to external bank accounts | | Float Yield | Variable | Interest on funds held in the network between load and spend | | Platform SaaS | $0–$25/mo | Tiered subscriptions (Sandbox → Starter → Growth → Unlimited) + 2.5% card fees | | PayGate Facilitator | TBD | x402 settlement fees and gas margins (not yet modeled) | ## What We Have Today Three products that create the two-sided marketplace for agentic commerce: - **ArisPay** — The settlement layer. API (80+ REST endpoints, 5 payment rails, live on Base mainnet as of 2026-04-16) + Dashboard (`payagent.arispay.app`, two-sided seller + payer, OAuth + magic link auth, multi-org with roles, SaaS billing, compliance). Cryptographic agent identity (Ed25519/RFC 9421), atomic spend limits, velocity circuit breakers. Connected to Fiserv (fiat on-ramp, sandbox API in hand), Global Remit (PayFac/licensing). Also works with x402, Stripe ACP, Visa VIC, Mastercard. - **PayGate** *(formerly AgFac)* — Merchant-side x402 payment facilitator. Put it in front of your API, agents pay in USDC on Base mainnet. Gas-sponsored, non-custodial, four chains. Two modes: facilitator API or zero-code reverse proxy. npm package: `paygate` v2.0.0. **First customer live: arcticx.ai.** - **PayAgent** — Agent-side payment SDK. npm packages: `payagent` v2.0.0 + `payagent-mcp` v2.0.0. Delegated-custody via Coinbase CDP (CDP holds the signing key, ArisPay enforces policy-bounded limits — no self-custody path). When an agent hits 402, PayAgent handles payment automatically. Integrations: Vercel AI SDK, LangChain, MCP server for Claude Desktop/Cursor. Budget controls: per-request limits, session budgets, domain allowlists. Postinstall opens the dashboard at `payagent.arispay.app`. Plus two x402 demonstrations: - **Ghost-x402** — ZK proof-based private payments with compliance-friendly audit trail. Privacy and regulation in one model. - **Polymarket-x402** — Proof-of-concept: x402-gated prediction market trading (testnets only). Validates x402 for financial services. **The two-sided market:** PayGate makes APIs accept agent payments (merchant side). PayAgent makes agents pay for APIs (agent side). ArisPay settles everything underneath. Foundational partnerships: - **Live Fiserv IPG contract** — Card processing, tokenization, 3DS v2, merchant boarding. - **Global Remit LOI** — PayFac partnership for licensing, compliance, and banking rails. **By the numbers:** 38 Prisma models, 8 apps, 5 packages, ~11,000 lines of backend code. Deployed on Railway + Supabase. ## Competitive Positioning These aren't competitors — they're potential customers. As of April 2026, ArisPay not only integrates x402 as a rail but operates x402 settlement infrastructure (PayGate) with its first paying customer: | | What They Do | Fiat Settlement | Micropayments | |--|-------------|-----------------|---------------| | x402 (Coinbase) | HTTP 402 protocol | No — stablecoin only | Yes, but on-chain gas | | Skyfire | Agent wallets + identity | No — USDC wallets | Yes | | Stripe ACP | Consumer checkout for agents | Yes | No — $0.30 + 2.9% per tx | | Visa VIC | Card-based agent payments | Yes | No — card interchange per tx | | **ArisPay** | **Settlement layer under all** | **Yes — card + bank** | **Yes — ledger, near-zero** | ## The Ask **Raising:** $2,000,000 seed round **Pre-money valuation:** $11.3M **Equity offered:** 15% **Runway:** 18 months to Series A readiness ## Why Now The agent payment market is pre-revenue across the entire industry. x402 does $28K/day. Skyfire just exited beta. Visa is in sandbox. The window to establish the settlement network is 12-18 months. This round funds that window.