Mastercard launched Australia’s first authenticated agentic transactions via its Agent Pay program. This development marks a key milestone for AI-driven commerce.
The program enables artificial intelligence agents to securely conduct transactions for consumers. These tasks include shopping and subscription management.
Research suggests AI-powered transactions could significantly influence Australian consumer spending by 2030. This initiative aligns with Mastercard’s broader artificial intelligence strategy.
Mastercard plans to launch its 'Mastercard Agent Suite' in the second quarter of 2026. This service will help businesses integrate and deploy customizable AI agents.
The Agent Pay framework ensures transactions remain secure, transparent, and trustworthy as AI agents integrate into the payment process.