en.Wedoany.com Reported - JD Group and Mastercard completed the signing of a strategic cooperation agreement in Beijing on May 15. JD Group SEC Vice Chairman and CEO Xu Ran and Mastercard CEO Michael Miebach attended the ceremony. The two parties will carry out systematic cooperation around global payment infrastructure, cross-border supply chain finance, AI agent payments, and cross-border consumer experience, structurally connecting JD's supply chain e-commerce capabilities with Mastercard's global payment network.
The integration of global payment infrastructure is placed at the forefront of the cooperation framework. Both parties will connect the payment links required for JD's international business, supporting JD's transaction closure in global commercial scenarios through the co-construction of underlying payment channels. Collaboration in risk management and identity authentication will be initiated simultaneously, with the enhancement of real-time risk monitoring and intelligent anti-fraud capabilities aimed at improving the security baseline and risk resilience of cross-border transactions.
Financing channels for small and medium-sized enterprises (SMEs) are a key focus of this cooperation. JD and Mastercard will jointly build a cross-border supply chain financial ecosystem to help global SMEs lower the financing threshold for participating in international trade. JD will provide data and operational capabilities accumulated from supply chain management, warehousing logistics, and its e-commerce platform, while Mastercard will contribute technical resources from its payment network, credit assessment, and clearing services. This combination is expected to shorten the capital acquisition cycle for SMEs in cross-border trade.
The introduction of Mastercard's Agent Pay intelligent payment solution is the core highlight of the cooperation between the two parties in the field of payment technology. This system, specifically designed for payment transactions initiated by agentic AI, binds each transaction to an intelligent agent code, allowing the agent's identity to be independently identified and verified. Since its initial launch in the U.S. market in 2025, it has entered multiple markets including Australia, New Zealand, Singapore, and South Korea. Through this cooperation with JD, Agent Pay will be connected to the Chinese e-commerce platform ecosystem on a large scale for the first time, providing underlying support for compliance and security in AI agents' payment behaviors within real commercial scenarios. Both parties will also simultaneously advance a co-branded credit card program.
The upgrade of the cross-border consumer experience covers both online and offline channels. The two parties plan to expand payment options for international tourists visiting China, including wider acceptance of international credit cards and optimizing the checkout, shopping, and tax refund experience, covering JD's e-commerce platform and offline retail stores. This initiative directly aligns with the recovery trend of China's inbound tourism—in the first quarter of this year, the number of foreigners visiting China increased by approximately 28% year-on-year. Enhancing the convenience of inbound consumption payments has become a direction jointly promoted by both commercial and policy levels. JD's e-commerce and retail network in China will thus be connected to Mastercard's global acceptance system, allowing international tourists to use familiar payment methods for shopping and tax refunds during their stay in China.
Founded in 1966 and headquartered in Purchase, New York, USA, Mastercard's business covers over 210 countries and regions, processing more than 175 billion transactions in the full year of 2025. JD Group's revenue for the first quarter of 2026 was 315.7 billion yuan, a year-on-year increase of 4.9%, with service revenue growing by 20.6% year-on-year. Its international business is in an investment and expansion phase, and this cooperation directly provides payment infrastructure support for its overseas market expansion. Starting from the integration of capabilities between the payment network and the supply chain e-commerce platform, the two parties aim to build a more interconnected, secure, and intelligent commercial ecosystem.
This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com
