Visa Launches Platform for Autonomous AI Shopping

Visa has launched a new platform called Intelligent Commerce Connect, which enables merchants to make their product inventories discoverable and purchasable by AI agents. The platform is a significant development in the field of agentic AI payments, which allows AI agents to browse, select, and pay for goods on behalf of consumers. The platform's compatibility with major AI agent protocols and its support for both Visa and non-Visa card payments make it a universal solution for agentic AI commerce. This could have significant implications for the future of online shopping, as AI agents become increasingly prevalent. The pilot phase of Intelligent Commerce Connect is currently underway, with a full launch expected later this year. As the platform rolls out, it will be important to watch how it interacts with existing crypto networks and fintech firms, which have also been positioning themselves for agentic AI payments.