Ant International Partners With Visa and Mastercard on AI Payment Standards

Ant International announced Thursday that it has partnered with Visa and Mastercard to establish a new standard for payments carried out by AI agents.

The fintech company said the collaboration will center on creating shared standards for verifying AI agents, associating each agent with a valid entity while tracking its behavior and activities.

The companies cited McKinsey projections estimating that AI agents will process between $3 trillion and $5 trillion in global consumer commerce by 2030.

Ant International said the partnership reflects expectations that AI agents will be increasingly used by consumers and businesses for payment transactions.

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