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Visa demos AI agent payments at Mumbai fintech fest
The Hindu BusinessLine··10 Sept
Visa showed live agentic commerce payment flows at Global Fintech Fest 2026 in Mumbai on Thursday. Partners included Federal Bank, IndusInd Bank, RBL Bank, Razorpay, Paytm Payment Services, Cashfree Payments and Pine Labs. Demos used natural-language prompts through authenticated checkout via Visa tokenisation and Payment Passkey. Visa cited projections that AI agents could handle $3-5 trillion in commerce by 2030.
Prism
What It Means For You
- Shoppers in the demo path still approve payment at the end, even when an AI agent guides product choices.
- Banks and fintechs named in the showcase are the first Indian rails Visa is testing for agent-led checkout.
- Merchants from large retailers to MSMEs were included in the Mumbai demonstration use cases.
What's Happening
- Visa ran live agentic commerce demos at Global Fintech Fest 2026 in Mumbai.
- Partners included Federal Bank, IndusInd Bank, RBL Bank, Razorpay, Paytm Payment Services, Cashfree Payments and Pine Labs.
- Payments used Visa tokenisation and Visa Payment Passkey authentication.
Where Agentic Checkout Lands
- Use cases shown included travel bookings, food ordering and online shopping.
- Visa cited industry projections of $3-5 trillion in AI-agent commerce value by 2030.
- Suresh Sethi, Visa's Group Country Manager for India and South Asia, said the firm will work with banks and merchants on interoperable flows.
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