Visa Tests AI Agent Payments in Live Commerce Proof of Concept

On July 2, Nuvei, a global financial technology company, announced it had completed a live agentic-commerce proof of concept (PoC) with Visa Inc. (NYSE:V), merchant technology provider Arvato Systems, and fashion brand Kings and Priests. The PoC demonstrated the first in-agent purchase using Visa cards, marking a milestone in enabling AI agents to autonomously conduct transactions.

The Product

This proof of concept represents a step toward enabling AI agents to execute payments on behalf of users in real-world scenarios. For example, an AI agent could book a flight or purchase a product online without human intervention, using a Visa card linked to the user's account. The technology builds on Visa's existing security standards while adding verification layers tailored to automated transactions.

Pricing and Availability

Neither Visa nor Nuvei has disclosed any pricing details or a commercial launch timeline. The current PoC is purely a technical feasibility test, and development along with regulatory trials are expected to take several months before any commercial rollout.

Competition

Visa enters this emerging field alongside competitors such as Mastercard, which is testing similar technologies, as well as fintech startups. However, Visa's extensive network and merchant relationships give it a competitive advantage in accelerating adoption of this technology.

Potential Impact on the Company

If Visa successfully commercializes this service, it could open a new revenue stream through transaction fees from AI agent payments. It also reinforces its position as a leader in digital payment innovation, especially as AI usage grows in e-commerce.