🤖 AI will gain access to your credit card
Mastercard and Google are joining forces to teach AI agents to legally spend users' money.
💳 The payment giant is launching the Verifiable Intent system — a cryptographic mechanism that records and proves that the owner has indeed given permission for the AI to make a transaction.
⚙️ The technology is planned to be integrated directly into the Mastercard Agent Pay infrastructure.
How it should work:
— The AI agent will be able to buy goods on its own
— book services and subscriptions
— pay for services
At the same time, the system will record the owner's instructions and verify the terms of purchase to confirm that the transaction is indeed authorized by the user.
If the idea takes off, digital agents will be able to manage small expenses almost autonomously.
Soon, a leather wallet will only be needed to top up the card balance on time 😏
Subscribe if you are following how AI starts to manage money.
#AI #Mastercard #Google #fintech #Payments
Mastercard and Google are joining forces to teach AI agents to legally spend users' money.
💳 The payment giant is launching the Verifiable Intent system — a cryptographic mechanism that records and proves that the owner has indeed given permission for the AI to make a transaction.
⚙️ The technology is planned to be integrated directly into the Mastercard Agent Pay infrastructure.
How it should work:
— The AI agent will be able to buy goods on its own
— book services and subscriptions
— pay for services
At the same time, the system will record the owner's instructions and verify the terms of purchase to confirm that the transaction is indeed authorized by the user.
If the idea takes off, digital agents will be able to manage small expenses almost autonomously.
Soon, a leather wallet will only be needed to top up the card balance on time 😏
Subscribe if you are following how AI starts to manage money.
#AI #Mastercard #Google #fintech #Payments