Follow ZDNET: Add us as a favorite source On Google.
Key takeaways of zdnet
- Visa Intelligent Commerce opens visa payment network for commerce developers and engineers.
- These individuals can then create agents AI shopping experiences using a visa network.
- Now, Visa Intelligent Commerce Model Reference Protocol (MCP) provides support.
AI agents can optimize how people buy everyday tasks in the digital world, including shopping. In May, Visa unveiled Visa Intelligent Commerce, which allows developers and engineers to use firm’s payment network to create agent AI shopping experiences. The initiative has now received another update to expand its reach.
Also: I am an AI tool specialist, and these are only two that I pay (plus three I consider)
On Thursday, Visa unveiled the Model Reference Protocol (MCP) server for Visa Intelligent Commerce. Developers can connect their projects to Visa Intelligent Commerce API through MCP server and a new visa acceptance agent toolkit.
In short, the combined two approaches should make it easier for developers to create agentic e-commerce experiences that take advantage of a visa network (a win for consumers that will also be able to reach these features).
Mcp server allowances
Since its introduction last year, MCP is widely and safely considered as an open standard for AI assistants and agents to connect with data systems.
Also: This easy Apple Intelligence feature saves me more than $ 200 per year
When the visa applies to the Intelligent Commerce API, it allows the “Ready-Made Integration layer”, as the visa described, allows developers to reach visa capabilities at the forefront.
Visa stated that this integration can help developers to transfer to prototypes from the idea in hours instead of day or weeks. Although this claim is not verified, it should be easy to create new agentic experiences using a network of visas, meaning it should be a more useful experience for users. Easy checkout experiences fielded by Agent AI is also a win for any e-commerce retailer.
While the MCP server is now open in the pilot, the visa begins with the Intelligent Commerce API, the company said it would eventually expand into the broad API portfolio of the visa.
Visa acceptance agent toolkit
The visa acceptance agent toolkit, which is now available in the pilot, is built on top of the MCP server to help developers to work with AI agents without comprehensive coding backgrounds, but only natural language can be used. Visa’s blog post stated that the toolkit includes pre-made workflows for commerce functions, condensed signal, and integration with chat interfaces, tools and more.
Also: I tried every new AI facility on Google Pixel 10 series – my thoughts as AI expert
The visa provides examples of the real world examples of the process, in which an AI agent responds to a request, “Create a challan for $ 100 for John Do, on Friday,” to call the invoice API using a toolkit and return a suitable payment link. In another example, a business analyst asks the AI agent to provide a revenue summary for a particular state, and the AI reports to draw the transaction data from the report that it is allowed to access.
The company said it is also searching for cases of the use of new B2B and B2C that encourage developers to tap in visa offerings to create new agent commerce experiences for developers. This goal aligns with industry-wide effort to use AI in e-commerce to serve shopkeepers and promote sales.
For example, Openai and Google have unveiled AI shopping features in their chatbots that use AI to help people add to which they are searching more basically. Retailers, such as eBay and Amazon, have also tried to include technology to find out what they are seeing.
Recently an Adobe study has shown that these efforts may have qualifications, including 39% of the 5,000 respondents have used generic AI for online shopping, including conducting research, obtaining product recommendations, demanding deals and getting current ideas.
