Aeon unveils agentic checkout

This news introduces a significant shift in how online transactions occur by allowing AI agents to handle the entire checkout process autonomously. For retailers, this means the 'customer' may soon be a software bot rather than a human clicking buttons. AEON’s new Agentic Checkout layer bridges the gap between AI tools and standard e-commerce platforms like Shopify and Amazon. Instead of just suggesting products, these AI agents can now execute payments directly. For operators, this technology promises to reduce friction in the conversion funnel. It addresses the growing trend of 'agentic commerce,' where users delegate shopping tasks to AI assistants. While the immediate focus is on the settlement layer, the long-term impact on consumer financing is clear: lenders will need to integrate with these AI agents to offer BNPL or installment plans at the moment the agent decides to buy. If your checkout process isn't compatible with automated agents, you risk being left out of the 'AI economy' spend. This tool essentially turns AI from a search engine into a buyer with its own digital wallet, capable of navigating traditional web checkouts without manual human intervention.

Source: Finextra — Lending

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