Visa is transforming the way we shop and pay with AI-powered commerce. The company is opening up its vast payment network to developers and engineers building AI agents that will revolutionize commerce.
Over the past 25 years, Visa’s network has processed 3.3 trillion transactions. The company is now extending its infrastructure, standards, and capabilities to AI commerce. Soon, consumers will be able to use a Visa credential – there are currently 4.8 billion worldwide – to make purchases at over 150 million merchants that accept Visa through AI platforms.
Empowering Consumers and Businesses
Visa’s new solution, Visa Intelligent Commerce, is designed to make AI-powered commerce seamless, secure, and personalized. The platform offers a set of integrated APIs and a business partner program that allows AI platforms to implement Visa’s AI commerce capabilities securely and at scale.
Key features include:
- AI-Ready Cards that replace card data with tokenized digital credentials, improving security for consumers and simplifying the payment process for developers.
- AI-Driven Personalization that allows consumers to share their spending habits with Visa to improve the performance of their AI assistant and personalize purchase recommendations.
- Simple and Secure AI Payments that enable consumers to set spending limits and conditions, providing clear guidelines for transactions managed by their AI agent.
Visa has decades of experience managing fraud and has a robust data platform. The company is using this expertise to enable the Visa Intelligent Commerce program.
New Products and Capabilities
Visa is continuing to invest in new features and capabilities that help expand its network and deliver secure, seamless payment experiences. Some of the new developments include:
- Stablecoins: Visa is expanding its work with stablecoins, including the development of stablecoin-linked cards and programmable money.
- Flex Credential Expansion: Visa is reinventing the card with the introduction of Flex Credential, a next-generation card that can switch between different payment methods.
- New Ways to Pay and Get Paid: Visa is introducing new services, including Visa Pay, which connects any participating wallet with any merchant that accepts Visa, and Visa Accept, which allows micro-merchants to receive payments on their Visa debit card.
Visa is partnering with Klarna to introduce Flex Credential in the US and will be the first in Europe to offer a debit use case for “buy now, pay later.” More details will be announced later this year. The company’s goal is to make AI-powered commerce a reality, providing consumers and businesses with a secure, personalized, and seamless payment experience.