Visa Credentials Reach 5.2 Billion as Network Expands Into Agentic Commerce
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Highlights Visa Direct’s quarterly transactions grew 23%, accelerating from the preceding quarter. Flex credentials tripled as Visa Pay expanded to 11 countries. Tap-to-pay reached 75% of U.S. face-to-face Visa transactions. Visa expects its roster of nearly 50 artificial intelligence partners in production to double in the coming months, as it prepares to handle purchases that consumers and businesses delegate to software. Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content - no additional logins required. yes Subscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions. Δ The immediate focus is establishing the authority behind those purchases. During Visa’s fiscal fourth-quarter earnings call on Tuesday (Oct. 27) after the markets closed, CEO Ryan McInerney described the work required to identify an agent, connect it to a customer and confirm that its spending follows the customer’s instructions. “It is clear that in agentic, trust is the biggest barrier to scale,” he told analysts. McInerney identified his firm as a key catalyst for cementing that trust, and offered up B2B payments as an early agentic application, including...
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Net revenue rose 13% to $12.1 billion for the quarter and 15% to $46 billion for the year.
