Google to Propel AI Commerce With New Agent Payments Protocol
AI commerce is becoming more of a buzzword supported by Big Tech solutions like a new open protocol delivered by Google.
AI commerce is becoming more of a buzzword supported by Big Tech solutions like a new open protocol delivered by Google.
Most of the payment service providers are already actively using payment orchestration, or at least considering using this technology to enhance flexibility, routing intelligence, and global reach for merchants. What happens when AI agents come into play, and how agentic orchestration differs from payment orchestration? Let’s find out.
Ant Group’s global merchant payments powerhouse unit, Antom, has made a foray into agentic payments, enabling AI agents to initiate and complete transactions on users’ behalf.
Over two dozen prominent investors, including PayPal Ventures, General Catalyst, 8VC, and Samsung Next, have placed their bets on an AI-driven startup, Kite AI, focused on agentic AI payment and e-commerce infrastructure.
Kira secured solid funding to build the underlying technology, helping businesses launch and scale financial products in emerging markets.
OpenAI is giving its ChatGPT more autonomy with new agentic capabilities, reportedly also testing an embedded payment checkout system.
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