# AEON > The settlement layer built for the agentic economy AEON is a crypto settlement protocol built for the agentic economy. It lets merchants, platforms, and AI agents send and settle crypto and fiat payments across multiple blockchains. AEON is a settlement protocol that provides payment infrastructure for the agentic economy, connecting AI agents, merchants, and platforms across multiple blockchains. It is designed to let autonomous agents and businesses accept, route, and settle crypto or fiat payments without additional hardware, browser redirects, or manual reconciliation, addressing frictions such as liquidity lock, scale mismatch, and disputed transactions that traditional payment networks pose for machine-driven commerce. The protocol combines a distributed node network with agent identity and permissioning tools, allowing payment instructions to be embedded directly into API requests or service calls and cleared in real time. It supports agent-to-agent transactions as well as agent-to-merchant scenarios, bridging on-chain settlement with real-world retail and online payment rails. This approach positions AEON as infrastructure for programmable, machine-speed payments rather than a conventional consumer payment app. AEON's offering spans AEON Pay, a crypto payment product connecting on-chain assets to global merchant and fiat acquiring networks, AEON Checkout, a merchant-facing checkout and settlement service, and AEON AI Payment, which lets autonomous agents initiate and complete transactions. It is used by merchants, Web2 and Web3 platforms, and AI agent developers seeking programmable settlement across a range of supported blockchains and payment methods. - Type: Company - Sector: Payments - Status: Active - Founded: 2023-09-14 - Profile: https://thegrid.id/profiles/aeon ## Products - [AEON Payment Protocol](https://thegrid.id/profiles/aeon): AEON Payment Protocol is a payments infrastructure and settlement layer that lets merchants, applications, and AI agents accept and route crypto and fiat payments through a single integration. It aggregates fiat acquiring networks and blockchain rails into a unified settlement system, converting between crypto and local payment methods without requiring merchants to change their existing point-of-sale setup. The protocol underlies the consumer, merchant, and AI-agent facing products built on top of it, providing the core routing and settlement logic across multiple blockchains and stablecoins. (Payments Infrastructure & Orchestration, Live, Main Product) - [AEON AI Payment](https://thegrid.id/profiles/aeon): AEON AI Payment is a payment infrastructure product that lets autonomous AI agents verify user intent and execute real-world transactions without human intervention. It supports emerging AI-native payment standards to enable agent identity verification, on-chain receipts, and reputation tracking, allowing agents to search, compare, and complete purchases across physical and digital merchants. The product is aimed at developers and businesses building agentic commerce applications rather than direct consumers. (AI Agent, Early access) - [AEON Pay](https://thegrid.id/profiles/aeon): AEON Pay is a merchant payment gateway that lets users pay with crypto at physical retail and dining locations by scanning a merchant's existing QR code or using other local payment methods. It converts crypto held in a wallet or exchange account into the fiat payment the merchant receives, so no merchant onboarding or new hardware is required. The service is embedded into wallets, exchanges, and applications, allowing their users to spend crypto at a wide range of everyday merchants without holding a physical card. (Merchant Payment Gateway, Live) - [AEON Checkout](https://thegrid.id/profiles/aeon): AEON Checkout is a merchant payment gateway that enables online businesses to accept cryptocurrency payments through Web3 checkout integrations. It lets customers pay with a range of on-chain assets, including stablecoins, governance tokens, or native blockchain assets, from their preferred wallet or exchange account, and settles through browser, mini-app, or bot-based checkout flows. Merchants integrate it through developer APIs and can withdraw proceeds in either crypto or fiat. (Merchant Payment Gateway, Live) ## Assets - [AEON (AEON)](https://thegrid.id/profiles/aeon): AEON is the utility token of the AEON crypto payment settlement protocol. It is used for protocol growth incentives, ecosystem grants, and governance signaling within the AEON network. The token's supply is allocated across foundation, marketing, investor, team, liquidity, and ecosystem-fund categories to support long-term development of the payment infrastructure. (Utility) ## Links - [Main](https://aeon.xyz) - [Documentation](https://aeon-xyz.readme.io) - [Twitter / X](https://x.com/AEON_Community) - [Telegram](https://t.me/aeon_xyz) - [YouTube](https://www.youtube.com/@AEON_Community) - [Medium](https://medium.com/@www_aeon_xyz) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. 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