Visa partners with Crossmint to expand AI-driven commerce

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Visa and Crossmint have announced a partnership to integrate the Visa Intelligent Commerce platform – a technology that allows AI agents to automatically conduct secure buying and selling transactions. This initiative aligns with McKinsey's 2023 forecast that AI-driven commerce could contribute $4.4 trillion to the global economy by 2030.

Previously, Crossmint integrated with Zebec's debit card in 2022. The new collaboration marks a significant step towards AI-driven trading – a growing trend that accounts for up to 20% of online transactions according to eMarketer's 2024 research.

Some comments referring to “$TIBBIR” suggest that the fintech project may be backed by Micky Malka (Ribbit Capital), but there is currently no official confirmation.

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