SHIFT · GLOBAL
EMVCo builds framework to encode AI agent intent into card transactions
EMVCo, the payments standards body, is developing technical specifications to embed consumer authorization data into card payments routed through AI agents. Merchants, issuers, and networks will see what the agent was authorized to do and whether a transaction stays within bounds.
WHY IT MATTERS
Agentic payments (where AI autonomously executes transactions on behalf of users) will scale faster if liability and fraud rules are clear; EMVCo standardization de-risks issuer adoption and reduces regulatory friction across markets.
Source: PYMNTS · 2026-10-02