The Agentic Commerce Report

Mastercard Q1 2026 earnings disclosed Agent Pay is now enabled across nearly all cards globally.

Link gains agent-access APIs allowing agents to request spend approval, generate one-time credentials, and pay via Stripe's network without exposing the user's underlying card details.

Visa expanded Agentic Ready to 85+ partners in Asia Pacific and Latin America, following 20+ live European partners.

Protocol- and network-agnostic on-ramp enabling agents, merchants, and enablers to connect to the Visa agentic commerce ecosystem via a single integration.

Production-grade testing programme for agent-initiated payments launched with Barclays, HSBC UK, and Nationwide as initial partners.

Combines customisable AI agents, agentic payments consulting, and Mastercard payments expertise into an integrated enterprise offering targeting Q2 2026 general availability.

In-chat checkout on Copilot.com lets shoppers complete purchases without leaving the interface; early merchants report 194% higher purchase likelihood in Copilot-assisted journeys.

Visa announces hundreds of agent-initiated payments completed with 30+ partners in Intelligent Commerce sandbox; sets mainstream adoption target for 2026.

Shared Payment Tokens, one-time card generation, and end-to-end solution for selling through AI agents; URBN, Etsy, Ashley Furniture, and Coach among launch retail partners.

First confirmed live issuers for Mastercard Agent Pay; full US cardholders rollout announced for November 2025.

Mastercard Agent Pay integrated into PayPal's wallet, enabling AI agents to complete transactions on behalf of PayPal users with fraud detection and buyer protection.

Open framework developed with Cloudflare lets merchants verify AI agents and distinguish them from malicious bots; 12 launch partners include Shopify, Stripe, Adyen, and Microsoft.

Jointly developed open standard enables agent-to-merchant commerce via Shared Payment Tokens; US users can purchase from Etsy and Shopify merchants directly in ChatGPT.

New Agent Toolkit, Insight Tokens, and Agent Sign-Up tools released; Stripe, Google, and Ant International's Antom join as implementation partners.

Network-level agentic payments programme introduces Agentic Tokens — cryptographically secure, traceable credentials for agent-initiated transactions — with Microsoft as launch partner.