Visa and ChatGPT Integrate for AI-Powered Online Shopping
Visa has partnered with ChatGPT to enable AI agents to automatically make online purchases. Users can now ask ChatGPT to search for products and make purchases on their behalf, with spending limits and merchant approval in place to prevent fraud. The integration aims to provide trusted, secure, and seamless transactions. The move marks a significant step in the growing use of AI in the economy.
Key points
- Visa, the world's largest non-Chinese payment network, has integrated its services with ChatGPT, allowing AI agents to make online purchases.
- Users can ask ChatGPT to search for products and make purchases on their behalf, with spending limits and merchant approval in place to prevent fraud.
- The integration aims to provide trusted, secure, and seamless transactions, as stated by Visa executive Jack Forestell.
- The partnership marks a significant step in the growing use of AI in the economy, with AI agents becoming active participants in transactions.
Visa and ChatGPT Integrate for AI-Powered Online Shopping
Visa, the world's largest non-Chinese payment network, has partnered with OpenAI's ChatGPT to enable AI agents to automatically make online purchases. This integration allows users to ask ChatGPT to search for products and make purchases on their behalf, streamlining the online shopping experience.
According to Visa, some guardrails are in place to prevent fraud or out-of-control spending, including spending limits and a list of approved merchants. The user must also approve each purchase before it is completed.
The integration aims to provide trusted, secure, and seamless transactions, as stated by Visa executive Jack Forestell. This move marks a significant step in the growing use of AI in the economy, with AI agents becoming active participants in transactions.
Sources
The WireByte editorial team synthesises technology news from multiple primary sources, verifies the facts, and links every source. Articles are produced with AI assistance and reviewed under our editorial policy.