Artificial intelligence is not just infiltrating the startup world. Now credit card giants Visa and Mastercard are getting into the AI game. Visa announced on Wednesday “Intelligent Commerce,” which it says enables AI “to find and buy.”
AI agents will be able to shop and make purchases on behalf of consumers, based on preselected preferences.
In a statement, Visa chief product and strategy officer Jack Forestell said: “Each consumer sets the limits, and Visa helps manage the rest.”
Visa
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