Do You Trust AI to Shop for You? Credit Card Companies Are Betting You Do

Getty Images/CNET AI will soon be able to make purchases based on preferences it learns about you. You just need to hand over your credit card. Visa and Mastercard both announced last week that their cardholders will be able to use artificial intelligence to automate credit card purchases for groceries, travel and everything else. Visa confirmed to CNET that testing for its new Visa Intelligent Commerce program is underway in North America, with widespread usage expected next year. Mastercard's Agentic Payments Program, similar to Visa's offering, is currently available in the US. "Soon people will have AI agents browse, select, purchase and manage on their behalf," Visa's chief product and strategy officer, Jack Forestell, said in the press release. "These agents will need to be trusted with payments, not only by users, but by banks and sellers as well." However, trusting AI isn't always an easy ask. It's often made news since its introduction for misleading responses and "halluci ... Read full article.