Core Insights - The commercial payment sector is undergoing a paradigm shift driven by generative AI and multimodal large models, with Agentic AI transforming traditional "request-response" transaction models into proactive and predictive business operations [2] Group 1: PayPal's Innovations - PayPal has launched the PayPal Agent Toolkit, enabling developers to seamlessly integrate PayPal's comprehensive APIs into various AI frameworks, facilitating the creation of complex agent workflows for efficient financial operations [2] - The PayPal Developer Hackathon invites innovators to explore the next generation of intelligent payment architecture, emphasizing the potential of algorithms to redefine business efficiency and transaction speed [2] Group 2: Hackathon Details - The hackathon is open to Chinese developers, entrepreneurs, and tech enthusiasts, focusing on optimizing payment experiences with Agentic AI, enhancing AI agents for business decision-making, and creating next-generation "predictive" business models [4] - Participants are encouraged to submit projects that utilize AI tools/services, traditional e-commerce, app applications, virtual services, and e-commerce ecosystems, with a focus on innovation and integration with PayPal AI products [5] Group 3: Rewards and Opportunities - Participants in the hackathon can win high-end graphics cards, NAS storage, and developer kits, with outstanding projects having the potential to be adopted by PayPal's global ecosystem [6] - All entrants will receive VIP tickets to the PayPal China Developer Day and exclusive surprise awards for being shortlisted [6] Group 4: Submission Requirements - Projects must utilize at least one PayPal product or enhance PayPal's offerings, including the global payment platform, package tracking, subscription management, and dispute resolution services [7]

Core Insights - Bolink has officially announced a strategic partnership with SANDPay to enhance the e-commerce payment system through AI and payment infrastructure integration [2][5] - The collaboration aims to create a secure, compliant, and efficient payment ecosystem, focusing on areas such as intelligent settlement and digital asset transaction closure [2][6] About Bolink - Bolink is an innovative e-commerce platform driven by "collaborative AI intelligence," aiming to reconstruct retail relationships and revenue models through AI algorithms and digital asset rights [3] - The platform promotes the idea that every genuine transaction should be certified and that all participants should share in the ecological benefits, establishing a strong user base and merchant network in Southeast Asia and China [3] - Utilizing AI technology, Bolink has achieved capabilities such as intelligent product matching, automatic revenue distribution, and transparent data traceability, positioning itself as a representative infrastructure platform in the AI e-commerce sector [3] About SANDPay - SANDPay is a licensed third-party payment institution approved by the People's Bank of China, specializing in payment clearing, scenario integration, and compliance assurance [4] - The company offers a comprehensive range of financial technology solutions, including card acquiring, aggregated payments, merchant settlement, and enterprise wallets, serving various industries such as finance, retail, and healthcare [4] - SANDPay is recognized as a leading provider of payment infrastructure in China, excelling in transaction security and compliance operations [4] Strategic Cooperation Content and Value - Bolink will fully integrate SANDPay's aggregated acquiring and settlement systems, creating a complete transaction closure from consumer payment to merchant settlement and digital asset reconciliation [5] - Users will benefit from SANDPay's multi-channel payment capabilities, ensuring a more stable and seamless payment experience [5] Future Collaboration Directions - The partnership marks a significant step for Bolink in building an "AI-driven + mechanism-enabled + compliance-focused" e-commerce infrastructure [6] - SANDPay's involvement will not only provide a solid payment foundation but also enhance the efficient linkage between Bolink's digital asset mechanisms and real transaction scenarios [6] - Future collaboration will explore areas such as "intelligent payments," "e-commerce financial services," and "consumer data governance," aiming to establish a sustainable paradigm for AI-enabled new business models [6] Enhancements in Security and Compliance - The partnership will leverage SANDPay's industry capabilities in payment security and risk control to upgrade Bolink's user fund handling and transaction privacy protection systems [7] - It will optimize merchant settlement by providing flexible and efficient revenue sharing, withdrawal, and reconciliation capabilities, enhancing revenue settlement efficiency [7] - SANDPay's mature compliance management framework will support Bolink's stable operations across multiple markets and business scenarios [7]