Khaberni - Visa, a global leader in digital payments and listed on the New York Stock Exchange under the symbol (V), announced the launch of Intelligent Commerce Connect, a new technology solution that facilitates companies in connecting and participating in AI-supported commerce. "Intelligent Commerce Connect" operates as an integrated platform independent of any specific network, protocol, or token repository, providing an easy starting point for agent-based commerce for both agent developers, merchants, and enablers.
With the growing reliance of consumers on AI agents for making purchases, companies - whether they are building the agents, selling to them, or processing transactions - need an easy way to get started. The technology solution, Intelligent Commerce Connect, which is part of Visa’s Intelligent Commerce solutions suite, meets this need.
Intelligent Commerce Connect system facilitates secure payments initiation, transaction encryption, spending control, and authentication through a single integration across Visa’s payment acceptance platform. This solution allows agents to make payments using Visa cards and other cards*, providing more choices in how agents pay, making it easier for the entire ecosystem to adopt agent payment experiences.
In this context, Leila Serhan, Senior Vice President and Business Head of Visa in North Africa, countries of the Levant, and Pakistan, said: "From small businesses to the world’s biggest retail stores, Visa facilitates everyday consumer payments millions of times. Intelligent Commerce Connect offers the same reliable infrastructure for accepting payments in the emerging world of AI-based commerce, allowing companies to enable AI agents to shop on behalf of consumers safely and on a large scale."
Key features of the Intelligent Commerce Connect technology solution:
- Works with major network token providers: Agent platforms can integrate with existing card infrastructure and avoid reliance on a single provider.
- Seamless acceptance of agent-initiated payments: Enables merchants to accept payments initiated through major agent protocols, including: Trusted Agent Protocol, Machine Payments Protocol (MPP), Agent Commerce Protocol (ACP), and Universal Commerce Protocol (UCP).
- Access to merchant catalogs on AI platforms: Assists merchants in providing access to their product listings and details (such as descriptions, specifications, prices, etc.) so consumers can discover, choose, and complete purchases within the AI platform experience.
- Supports enablers in processing agent transactions on behalf of merchants: Visa’s payment acceptance platform can manage coordination and compliance with PCI standards for enablers that support merchant transactions.
- Single integration across Visa’s payment acceptance platform: Available through a reliable single integration on Visa Acceptance Platform, a suite of standard payment tools supporting millions of payment points - such as online, in-app, and e-market payments. Visa Acceptance Platform
For more information about Intelligent Commerce Connect, please visit the website: https://corporate.visa.com/en/products/intelligent-commerce-connect.html .
