Scheme23 Aug 2026
Visa and Mastercard join a cross-industry alliance on agent-initiated payments
Stablecoin infrastructure firm Rain has convened the Agentic Payments Alliance with more than 25 founding members, including both global card networks, to work on agent identity,...
What changed
Stablecoin infrastructure firm Rain has convened the Agentic Payments Alliance with more than 25 founding members, including both global card networks, to work on agent identity, authorisation, and the rules for AI-initiated purchases.
What merchants must do
None stated — verify against sources.