Rain launches Agent Vaults for controlled AI agent payments
Rain has introduced Agent Vaults, embedded payment infrastructure that lets AI agents spend, receive and send money from a balance funded by the agent’s owner. Partners can set payment rules and keep the experience, branding and customer relationship inside their own applications.
- Agent Vaults give AI agents funded balances and spending rules.
- Users can fund vaults through bank accounts, cards or stablecoins.
- Rain issues scoped cards for individual purchases.
- Agents can send funds to bank accounts in more than 80 countries.
- Partners keep their branding and customer relationship inside their own applications.
Funded balances and scoped cards
Rain Agent Vaults give an AI agent access to a funded balance, spending controls and Rain-issued scoped cards. Users can add money through a bank account, including ACH, Fedwire, FedNow, SEPA and FPS, as well as cards or stablecoins. Funds must be in the vault before a card is issued.
For purchases, Rain creates a card for a specific transaction. The card’s amount, merchant and expiry are fixed at issuance, and Rain checks those details at authorization. A single-use card stops working after one approved purchase, while the agent cannot raise its own spending limit.
Rain says the cards can be used at merchants accepting Visa or Mastercard. The company states that its cards are accepted at 175 million merchant locations in 200 countries and territories. Agents can also send funds to local bank accounts in more than 80 countries.
Rules stay with the agent’s owner
Rain designed Agent Vaults for business and consumer use cases. A company can fund a vault from its business bank account and allow an agent to make payouts when specified rules and circumstances are met. A consumer can load funds from a card, set rules and let the agent use scoped cards for approved purchases.
Rain illustrates the system with a bakery owner who puts $5,000 into a vault and allows the agent to pay suppliers. The agent can buy $640 of flour and later $800 of additional flour because both purchases fit the rules. A $2,400 mixer is held for approval because equipment is outside those rules, even though enough money remains in the vault.
“People want to use AI agents that can move money as freely as humans do,” Rain CEO and co-founder Farooq Malik said. “With Rain Agent Vaults, developers can build embedded payment solutions directly into their agents.”
Payments remain inside partner applications
Rain says partners own the customer-facing wallet relationship. Users sign up with the partner, the vault appears in the partner’s application and the partner’s name is shown on statements. Rain provides the underlying technology and says it does not appear to the user.
The company positions this model as an alternative to giving an agent a raw card number or placing a third-party wallet inside an application. In Rain’s design, a balance can arrive by bank transfer, be spent through a card and be paid out to a bank account in another country through one integration.
Rain Agent Vaults build on its Agent Control Layer and scoped cards. Rain is also enabling Visa Intelligent Commerce and Mastercard Agent Pay, whose agent credentials signal user consent to the merchant and issuer alongside the partner’s rules. The company says it is partnering with agent developers, marketplaces and payment platforms, and invites interested companies and developers to contact it for more information.
PR Newswire: Rain Agent Vaults bring embedded payments to AI agents
