Visa Announces Plans to Give AI Agents Your Credit Card Information

Visa — yes, the multinational credit card titan — is wading into the world of AI agents. On Wednesday, the finance monolith announced it would be teaming up with some of the AI industry's leading developers to connect its vast payments network to their AI systems. The end game? Letting an autonomous AI model — an agent, in the parlance — control your credit card to make purchases ranging from groceries to clothing on its own, based on your budget and preferences. "Soon people will have AI agents browse, select, purchase and manage on their behalf," Jack Forestell, Visa's chief product and strategy officer, said in a release. "Just like the shift from physical shopping to online, and from online to mobile, Visa is setting a new standard for a new era of commerce," he added. Visa is calling the initiative, which it has been working on for the past six months, "Visa Intelligent Commerce." Among its murderer's row of AI developers are OpenAI, Microsoft, Anthropic, Perplexity, and Mistr ... Read full article.