Overview

• Visa's 'Intelligent Commerce' initiative enables AI agents to securely browse, select, and purchase items using tokenized digital credentials.
• Mastercard's 'Agent Pay' and PayPal's 'Agent Toolkit' introduce similar capabilities, allowing users to set spending limits and conditions for AI-driven transactions.
• Pilot programs with AI developers like OpenAI, Anthropic, and Microsoft are underway, with plans for wider adoption next year.
• Experts highlight privacy and dynamic pricing concerns, urging stronger trust frameworks and regulatory oversight to protect consumers.
• The shift to agentic AI commerce is seen as transformative, comparable to the rise of e-commerce and mobile shopping.