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Visa integrates payment network into ChatGPT for autonomous AI shopping and transactions

By

Associated Press

24d ago· 4 min readenNews

Summary

Visa has integrated its payment network into ChatGPT, enabling the AI chatbot to independently shop and complete transactions on behalf of users at any merchant that accepts Visa. This expands on previous limited attempts that were confined to single retailers or small merchant groups. The move signals Visa's bet that consumers will become more comfortable with AI agents handling purchases like groceries, plane tickets, and other everyday items autonomously.

Source

bskyVisa integrates payment network into ChatGPT for autonomous AI shopping and transactions1news.co.nz

Key quotes

· 3 pulled
Betting that people will soon grow more comfortable having artificial intelligence agents shop for groceries, plane tickets or diapers on their behalf, payments giant Visa said that it has embedded its payment network inside of ChatGPT
It means AI agents can not only recommend products but complete the purchase on the user's behalf at potentially any merchant that accepts Visa
The payment network's previous attempts at this technological leap were confined to a single retailer or a small set of enrolled merchants
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Visa said that it has embedded its payment network inside of ChatGPT, empowering the chatbot to independently shop and complete transactions.

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