Visa has launched the Trusted Agent Protocol to facilitate secure AI-driven transactions for users and merchants, addressing the challenges of agent-driven commerce. Developed in collaboration with Cloudfare, the protocol aims to distinguish trusted AI agents from malicious entities, enhancing trust in AI-initiated payments. Visa is collaborating with various partners to ensure seamless and secure transactions in the evolving landscape of AI commerce.

Cloudflare has joined forces with Visa, Mastercard, and American Express to establish payment frameworks for AI agents that autonomously conduct transactions. This collaboration aims to secure the burgeoning “agentic commerce” economy, enabling AI systems to make purchases on behalf of users using programmable money like stablecoins.

Basis Theory has raised $33 million in a Series B funding round to enhance its independent payments infrastructure aimed at empowering merchants with better control over their payment data and facilitating agentic commerce. The company plans to expand its platform, which allows businesses to securely manage payment data, enabling AI-driven transactions and partnerships without being locked into rigid systems.