Visa launches ‘Intelligent Commerce’ platform, letting AI agents swipe your card—safely, it says
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Summary
Visa has launched Visa Intelligent Commerce which uses an embedded payment rail to link transactions to bank accounts meaning AI systems can make purchases on behalf of users.
The launch comes as consumers increasingly turn to AI to make purchases and book services such as travel and Visa’s platform allows users to set parameters such as spending limits while maintaining traditional Visa protections.
The company is working with 20 AI-focused companies on the initiative including Microsoft and IBM and developers can access it immediately with pilot programmes to follow.
It is regarded as being particularly useful in the so-called travel AI space.