Visa announced on Monday that its payment network will be embedded directly into OpenAI’s ChatGPT, enabling AI‑driven agents to shop and pay on behalf of users.. The move, reported by the source brief, marks the first large‑scale rollout of a financial infrastructure inside a generative AI platform.

Visa’s $2 billion AI partnership with OpenAI

According to the source, the collaboration involves a multi‑year, $2 billion deal that gives Visa access to OpenAI’s user base of over 100 million monthly active users. The agreement allows Visa to provide tokenized payment credentials that ChatGPT can invoke when a user asks the model to “order a pair of shoes” or “book a flight.”

How AI agents will complete a purchase inside ChatGPT

OpenAI will host a secure API that transmits encrypted payment tokens from Visa to merchants, while the AI interprets natural‑language instructions and fills out checkout forms. The source notes that users must opt‑in and verify their identity before any transaction can be executed, mirroring two‑factor authentication used by traditional online banking.

Security concerns raised by consumer‑rights groups

Consumer‑rights organization Consumer Watchdog warned that delegaating payment authority to an AI could increase fraud risk, especially if malicious prompts are crafted to trick the model. The group called for “robust audit trails and real‑time fraud alerts” as a condition for broader adoption.

What regulators in the EU and US are watcihng

U.S. Treasury officials and the European Commission’s Digital Services Unit have both requested briefings on the integration,the source says. regulators are focusing on whether the AI‑mediated transaction flow complies with existing payment‑card industry (PCI) standards and data‑privacy laws such as GDPR.

Who will benefit most from AI‑enabled checkout?

Early adopters are expected to be e‑commerce platforms that already use AI for product recommendations. The source highlighted that Shopify merchants who trial the feature reported a 12 % lift in conversion rates during a limited beta. Smaller retailers, however, may lack the technical resources to integrate the Visa‑ChatGPT API without third‑party assistance.

What remains unverified about the rollout?

The source did not disclose the timeline for a public release beyond the “late 2024” target mentioned by Visa executives, nor did it clarify whether the service will support recurring payments such as subscriptions. Additionally, the exact mechanism for dispute resolution when an AI‑made purchase goes awry is still unclear.