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Mastercard Opens AI Machine-Payment Pilot Program to Developers

(3 hours ago) · 1 source · Summarized by CryptoBipto

Mastercard has launched a pilot program that allows developers to build and test AI-driven machine-to-machine payment solutions using its infrastructure. The initiative aims to explore how autonomous AI agents could conduct transactions on behalf of users or businesses. Details about the specific technologies, blockchain integrations, or crypto-related components involved have not been fully disclosed.

WHY IT MATTERS

Imagine if your phone's virtual assistant could not only find the best deal on a product but also pay for it automatically — that is the general idea behind AI machine payments. Mastercard is testing how software programs (sometimes called AI agents) could handle payments on their own, without a human clicking 'buy' each time. This matters for the crypto world because some projects are building similar automated payment systems using cryptocurrency instead of traditional money. Mastercard exploring this space shows that major financial companies see automated, machine-driven payments as an important future trend, which could eventually overlap with or compete against crypto-based payment solutions.

Mastercard, one of the world's largest payment networks, has opened a pilot program focused on AI-powered machine payments to external developers.

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SOURCES

  • thedefiant.io

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