Mastercard launches virtual cards for AI agents
2 Sep 17 12:50 PM · 9d ago · 6 articles · 1 post · 3 sources · development 2 of 2
Mastercard rolled out an AI payment option allowing virtual credit cards to be issued to users' AI agents through a partnership with startup Alchemy. Agents can make purchases at any online merchant accepting Mastercard, with spending caps and retailer restrictions set by cardholders.
“We believe it's not about if, it's about when and how quickly. Nothing happens overnight.”
Jorn LambertMastercard Payment processorJorn Lambert Mastercard chief product officerVisa Payment processorAmerican Express Payment processorBrendan Coughlin President of Citizens Financial Group
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What was reported 2 claims about this development
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first by Quartz, 9d ago
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first by Gizmodo, 9d ago
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