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CoinDesk·3 min read·medium

Alchemy's AI-driven identity and payment service gains access to Visa network

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Ian Allison
Alchemy's AI-driven identity and payment service gains access to Visa network
AI Summary

Alchemy has launched AgentCard, a new service that provides AI agents with virtual identities and payment capabilities through an integration with the Visa network. This allows autonomous agents to perform real-world transactions, such as booking travel or ordering groceries, using secure, tokenized payment methods.

Why it matters

This development marks a significant step toward 'agentic commerce,' where AI agents function as independent economic actors capable of executing complex tasks without human intervention.

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The integration allows AgentCard, a virtual ID and spending card for AI agents, to access Visa Intelligent Commerce to book a vacation, order groceries or renew a subscription, for example, without the consumer ever touching a checkout screen.

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Political Bias
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Confidence: 90%

The article reports on a technological partnership and its functional implications without using loaded language or taking a political stance.

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