Visa, OpenAI partner to enable payments through AI agents
Visa and OpenAI announced a partnership on June 10 to integrate Visa’s payments network into OpenAI’s AI agents, enabling secure transactions initiated by AI while maintaining user controls like spending limits. The collaboration aims to support AI-driven commerce, including developer tools and automated workflows, under Visa’s Intelligent Commerce initiative.
Visa and OpenAI have launched a partnership to enable AI-powered agents to securely process payments on behalf of users. The collaboration, announced June 10 at the Visa Payments Forum in San Francisco, integrates Visa’s global payment network, tokenization, and security infrastructure into OpenAI’s platforms, allowing AI agents to initiate transactions while adhering to user-defined permissions such as spending caps and merchant restrictions. Transactions will rely on Visa’s tokenized credentials, real-time authorization, and fraud monitoring to ensure security. The partnership aligns with Visa’s broader Intelligent Commerce initiative, which expands secure payment capabilities into emerging digital environments. It also explores enterprise applications, including developer-focused tools powered by OpenAI’s Codex for more automated, conversational workflows. The move reflects a broader industry shift toward AI agents handling complex tasks, including purchases and payments. Visa emphasized that user controls—such as approval requirements and transaction limits—will remain central to the system. Jack Forestell, Visa’s chief product and strategy officer, stated that AI will revolutionize commerce more than the internet or mobile technology, requiring trusted, secure, and seamless transactions. Marco Mahrus, OpenAI’s head of partnerships for commerce, highlighted the growing role of AI agents in financial tasks, from simple purchases to intricate transactions. The partnership aims to simplify payment acceptance for developers and merchants while preserving transparency and security. Visa’s infrastructure will support AI-driven payments without compromising user oversight or operational integrity.
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