AI Shopping Assistants Reshape E-Commerce, Mastercard Unveils Secure 'Agent Pay'

May 12, 2025
Fortune
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Summary

AI shopping assistants are reshaping e-commerce, with consumers embracing them to search and buy products online, prompting Mastercard to unveil Agent Pay, a secure payment solution that leverages AI to facilitate purchases and detect fraud more effectively.

Key Points

  • Consumers are increasingly using AI agents to search for and purchase products online, marking a shift in commerce
  • Mastercard released a product called Agent Pay to facilitate secure AI-driven purchases and help prevent fraud
  • Incorporating AI into the purchasing process can more effectively detect fraud compared to previous methods

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