Mastercard Backs Tokenized Card Payments for Agentic Commerce
Mastercard wants artificial intelligence shopping agents to use tokenized versions of consumers’ chosen cards, preserving the payment preferences, rewards and controls attached to those accounts. During Mastercard’s third-quarter earnings call Thursday (Oct. 29), CEO Michael Miebach took note of arrangements that insert a separate, one-time virtual card into an agent’s purchase. Mastercard views…
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