Mastercard rolls out trust and intelligence services for agentic commerce

Mastercard is launching new tools to secure 'agentic commerce.' This is a fancy term for AI bots making purchases on behalf of humans. For retailers, this represents the next phase of checkout evolution. Soon, your customer might not be a person clicking a button, but an AI assistant authorized to find and buy a specific item. Mastercard's new 'Agent Pay' updates aim to prove that these AI agents are who they say they are and that the transaction is authorized. This technology provides the infrastructure for your store to safely accept automated payments. It includes 'trust scores' for AI agents, similar to how fraud scores work for credit cards today. If you are an operator looking at long-term strategy, this means your online checkout will eventually need to talk to machines, not just people. The goal is to reduce friction so that an AI can complete a financing application or a direct payment without the user having to manually enter data every time. For high-ticket retailers, this could eventually streamline how customers apply for BNPL or credit through their personal digital assistants.

Source: Finextra — Lending

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