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AI Bots Will Soon Shop For You
17 Sep
Summary
- Mastercard is introducing an agentic payment option.
- This new feature will handle everyday purchases.
- The innovation is a partnership with startup Alchemy.
Mastercard is preparing to launch an agentic payment feature this week, enabling artificial intelligence to manage everyday purchases. This significant development is the result of a strategic partnership with the startup Alchemy.
The introduction of this AI-powered payment capability marks a step towards a future where intelligent agents autonomously handle consumer transactions. Mastercard's initiative suggests a growing industry-wide focus on integrating AI into the financial ecosystem for enhanced shopping experiences.