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Mastercard boosts agentic commerce, adds crypto network | PaymentsSource

Mastercard boosts agentic commerce, adds crypto network | PaymentsSource

  • Key insights: Mastercard has expanded its use of agentic commerce and has recruited cryptocurrency firms for an advisory council. 
  • What’s at stake: Payment firms and banks are working on strategies for both agentic AI and digital assets. 
  • Forward look: Mastercard will work with firms to build new payment use cases for cryptocurrency. 

Mastercard made moves this week to bolster cryptocurrency and agentic commerce, two vital pieces of its diversification strategy.

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The card network has completed a test of an authenticated agentic payment in Malaysia, adding to Mastercard’s goal to sell authentic artificial intelligence, which executes transactions with little or no human interaction. At the same time, the card network…

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