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Visa, OpenAI expand partnership for AI-powered shopping

Visa and OpenAI said on June 11 that they are expanding a previously announced collaboration to let AI agents make online purchases with user approval.

Visa’s payment capabilities will be integrated into OpenAI experiences through Visa Intelligent Commerce.

The companies said agent-initiated transactions will operate within user-set controls. These controls include spending limits, merchant categories, and required approvals.

Visa said the setup gives developers and merchants a simpler way to accept payments started by AI agents.

Visa said the initial flow can use guest checkout and key-entry card-not-present processes. Agent platforms will handle most integration work. The integration cover tokenization, authentication, payment instructions, and signals.

Visa and OpenAI also said they will further develop enterprise applications for AI-driven payments. Visa also said it announced collaborations with Anthropic and Microsoft last year.

🔗 Source: Bloomberg

Recent Visa developments

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