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Trusted AI Agents Revolutionize B2B Payments
20 Oct
Summary
- AI agents can now securely initiate and complete invoice payments.
- Pilot enables end-to-end payment automation via supplier portals.
- This technology eliminates manual steps in accounts payable workflows.
A groundbreaking pilot by Visa, BILL, and Billtrust is set to transform business-to-business payments by enabling trusted AI agents to initiate and complete buyer invoice payments. This initiative allows AI agents to securely authenticate with supplier portals, automating a process previously reliant on manual intervention.
The system uses Visa's Trusted Agent Protocol, allowing AI agents to use tokenized credentials for payments. This bypasses the need for shared supplier portal logins and manual data entry. BILL agents, registered via Visa's protocol, can now securely automate card payments for invoices.
Billtrust utilizes Visa's protocol to recognize and authenticate these agents, facilitating invoice payments for BILL's customers. This allows for fast portal payments that adhere to supplier acceptance policies, ultimately helping to accelerate cash flow.
This collaboration aims to build trust in AI-driven B2B payments by ensuring recognized and authenticated agents act on behalf of buyers. It employs tokenized payment credentials, payment controls tied to approved instructions, and a dedicated payment path for each invoice, all while maintaining visibility into the transaction.
Suppliers using Billtrust can now accept payments initiated by these trusted agents, freeing up capital while retaining reconciliation data. For buyers using BILL, this automation restores valuable time for finance teams. The pilot is currently live, processing transactions for participating buyers and suppliers.
