Voice Commerce Payment Solutions

Visa 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐭 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞 — Enabling AI agents to buy securely and seamlessly 👇 𝐖𝐡𝐚𝐭 𝐢𝐬 𝐕𝐢𝐬𝐚 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐭 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞 (#VIC) ► Visa Intelligent Commerce is an 𝐀𝐈-𝐧𝐚𝐭𝐢𝐯𝐞 𝐩𝐚𝐲𝐦𝐞𝐧𝐭 𝐢𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 that enables autonomous agents — from voice assistants to bots and AI applications — to initiate, authenticate, and complete purchases on behalf of a user. ► It’s 𝐛𝐮𝐢𝐥𝐭 𝐭𝐨 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐚𝐠𝐞𝐧𝐭-𝐝𝐫𝐢𝐯𝐞𝐧 𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐞 by combining secure  𝐭𝐨𝐤𝐞𝐧𝐢𝐳𝐞𝐝 𝐜𝐫𝐞𝐝𝐞𝐧𝐭𝐢𝐚𝐥𝐬, real-time authorization rules, and contextual decision-making APIs across Visa’s global network. — 𝐓𝐡𝐞 𝐑𝐢𝐬𝐞 𝐨𝐟 𝐀𝐈 𝐢𝐧 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞 ► From OpenAI's ChatGPT to Google Gemini to Amazon Alexa, AI agents are becoming embedded in consumer journeys — from search to checkout. ► Visa estimates that billions of micro-transactions in the future will be triggered not by humans, but by autonomous digital agents acting on their behalf. — 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐕𝐢𝐬𝐚 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐭 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞: ✔ 𝐀𝐠𝐞𝐧𝐭-𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐓𝐨𝐤𝐞𝐧𝐬 → Each agent receives a unique, limited-use token that restricts where and how it can be used. Think: one token per AI model, per context, per device. ✔ 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐭 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐈𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧𝐬 → Merchants and banks can define smart rules for when and how a payment is approved (e.g. time of day, spending limit, merchant category). ✔ 𝐇𝐲𝐩𝐞𝐫-𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥𝐢𝐳𝐞𝐝 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 → Transactions adapt in real-time to users’ preferences and AI-agent context, creating frictionless and intelligent buying experiences. ✔ 𝐔𝐧𝐦𝐚𝐭𝐜𝐡𝐞𝐝 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐲 & 𝐀𝐮𝐭𝐡𝐞𝐧𝐭𝐢𝐜𝐚𝐭𝐢𝐨𝐧 → Combines Visa’s tokenization, 3DS, and real-time AI fraud checks — ensuring each agent-initiated payment is authenticated and legitimate. This will evolve with PassKeys and Biometrics. — 𝐓𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞 — 𝐏𝐨𝐰𝐞𝐫𝐞𝐝 𝐛𝐲 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 The next wave of commerce will be agent-first—automated, embedded, and invisible. Visa Intelligent Commerce is building the rails for that future: where AI agents shop, book, subscribe, and pay on your behalf, securely and intelligently. — 𝐍𝐞𝐱𝐭 𝐔𝐩 🚨 → Deep dive into Visa Intelligent Commerce APIs, Agent Enablement, and Developer Use Cases. Stay tuned! — Source: Visa ► Learn more: https://lnkd.in/gQgSAtgJ ► Developer docs: https://lnkd.in/g2qszzFB ► Sign up to 𝐓𝐡𝐞 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 𝐁𝐫𝐞𝐰𝐬 ☕: https://lnkd.in/g5cDhnjC ► Connecting the dots in payments... and Marcel van Oost

NPCI's efforts to achieve a monthly transaction volume of 100 billion in the near future and to onboard more Indians into the realm of digital payments by unveiling a series of groundbreaking payment solutions during the Global Fintech Festival, with Reserve Bank of India (RBI). Here are the following: Hello! UPI: This voice-enabled UPI payment method allows users to perform UPI transactions in Hindi and English through apps, telecom calls, and IoT devices. It will soon support regional languages as well, expanding accessibility. Credit Line on UPI: RBI Governor introduced this feature to promote financial inclusion. It enables customers to access pre-sanctioned credit from banks via UPI, streamlining the credit process and fostering digital banking. UPI LITE X: This offline payment solution enables users to send and receive money without an internet connection, enhancing financial access even in remote areas. It relies on Near Field Communication (NFC) technology for faster transactions. UPI Tap & Pay: In addition to the conventional scan-and-pay method, users can now tap NFC-enabled QR codes at merchant locations to complete payments, simplifying the process. Conversational Payments: NPCI introduced voice-enabled UPI payments, allowing users to make transactions using voice commands in Hindi, English, and other regional languages. This benefits senior citizens and digitally inexperienced individuals. BillPay Connect: Bharat BillPay introduced a nationalized number for bill payments, enabling customers to pay bills through messaging apps or even missed calls. Voice-assisted bill payments are also available for added convenience and security. In August 2023, UPI marked a noteworthy achievement by registering more than 10.5 billion transactions in a single month, surpassing the previous month's figure of 9.96 billion. The cumulative value of transactions facilitated by this payment system reached Rs 15.76 lakh crore during the same period. At present, UPI is used by 350 million individuals, according to NPCI. #upi #economy #npci

“No app. No QR code. No website. Just chat — and pay.” This morning, while reading Business Standard, one headline stood out — Razorpay, NPCI, and OpenAI have joined forces to pilot Agentic Payments on ChatGPT. At first, it sounded futuristic. But this is no longer about the future of AI — it’s about the present of digital India. Imagine this: You tell ChatGPT, “Order groceries for the week.” It confirms your BigBasket cart, processes the payment via UPI, and sends the receipt — all within the same chat. No app-switching. No manual checkout. Just conversation-led commerce. What makes this revolutionary? 💬 Conversational commerce becomes mainstream — India could skip screens and move directly to voice + chat interfaces. 💸 UPI gets a new face — seamless, secure payments embedded inside conversations. 🌍 Digital inclusion widens — people across age groups and languages can transact naturally, in Hindi, Tamil, Gujarati, or English. 🧠 AI-assisted money management — from bill reminders to spending insights, your chat could soon become your personal finance desk. But innovation comes with responsibility. With AI entering our wallets, digital literacy and consent awareness must grow equally fast. Because convenience means little without trust and transparency. India’s fintech story has always been about scale Now, it’s becoming about intelligence. Would you trust ChatGPT to make payments for you if it promised speed, safety, and simplicity? Let’s talk — because the future of payments might be just one chat away. #AI #Fintech #DigitalIndia #Innovation #UPI #TechnologyTransformation #FutureOfPayments