Visa and BBVA Show AI Agents Can Pay on Card Rails
Visa and BBVA Show AI Agents Can Pay on Card Rails
Publish Date: 2026-07-02 21:38:00
Source Domain: www.pymnts.com
- BBVA has completed its first AI agent-initiated transaction with Visa in collaboration.
- The transaction was initiated by an AI agent on behalf of a cardholder with real card credentials and active merchant systems.
- Visa’s Intelligent Commerce made the transaction possible, using tokenization, real-time fraud monitoring, and other technologies.
- Visa Payment Passkey, a biometric authentication method, helped meet the European Union’s SCA (Strong Customer Authentication) requirements.
- This transaction took place under Visa’s Agentic Ready program, which launched in Europe in March to test how AI agent-initiated payments behave in live systems.
- BBVA’s head of consumer payments sees the collaboration as a step towards future commerce driven by AI agents.
- Visa’s country manager in Spain emphasizes the role of Visa’s network in enabling new commerce phases with existing infrastructure and protections.
- Visa’s senior vice president predicts AI personal assistants could enter commerce, starting with simple tasks within three years.
