Coinbase Launches AI Commerce with Visa

Visa, Coinbase, and Nevermined Enable AI Agent Commerce

• Visa’s Intelligent Commerce integrates with Nevermined to allow AI agents to autonomously purchase digital goods using existing card systems.
• The integration utilizes Visa’s payment framework and Coinbase’s x402 protocol for stablecoin payments over HTTP.
• Users can enroll Visa cards and set spending controls for AI agents, including budget limits and merchant restrictions.
• Merchants receive payments through existing providers like Stripe, avoiding traditional consumer checkout processes.
• Coinbase’s x402 has processed over 50 million transactions, supporting autonomous software in managing funds without human intervention.

This collaboration between Visa, Coinbase, and Nevermined facilitates a seamless process for AI agents to transact autonomously while providing merchants with a new revenue stream through established payment systems.