Fiserv (FISV) will use Visa (V) Intelligent Commerce and deploy the payment network’s Trusted Agent Protocol across its interoperable agentic ecosystem, as the retail system becomes more automated, the companies said on Monday.
This will allow merchants to employ agentic commerce, where artificial-intelligence agents act on behalf of consumers to discover, compare, and purchase products.
By combining Visa’s (V) authentication and agentic commerce capabilities with Fiserv’s (FISV) merchant network, the two companies are building the infrastructure and trust needed for merchants to thrive as commerce becomes increasingly automated, they said.
Under the collaboration, Fiserv (FISV) and Visa (V) are working together to deploy Trusted Agent Protocol across Fiserv’s acceptance ecosystem to authenticate, retrieve, accept, and process agentic transactions.
Fiserv (FISV) stock rose 0.5% and Visa (V) stock gained 0.5% in early Monday trading.