Visa Is Building a System Where Your AI Assistant Can Spend Your Money for You

Your AI assistant might soon have access to your credit card. And Visa is totally fine with that.

The payments giant just launched its "Agentic Ready" program in Europe, partnering with major banks like Commerzbank and DZ Bank to test how their financial systems handle transactions initiated by AI agents instead of humans.

Here's how it works: you set up some ground rules (like "reorder coffee pods when I'm running low" or "book the cheapest flight for my trip next month"), and an AI agent handles the rest. It finds the product, makes the purchase, and processes the payment, all without you lifting a finger.

Sounds convenient, right? But it also raises some pretty big questions. What happens when your AI agent makes a bad purchase? Who's responsible if it gets scammed? What if it decides you need something you definitely don't?

The banks involved say they're building in fraud prevention and customer consent requirements. But the fact that we're even having this conversation shows how fast AI is moving from "helpful assistant" to "financial decision-maker."

This is just the pilot phase in Europe for now, but if it works, expect it to roll out globally. The future of shopping might not involve you at all.

As reported by Artificial Intelligence News.

Source: Artificial Intelligence News