Visa's latest research: Behind 110 million transactions, Agent payments are reshaping internet commerce
Visa and Artemis discovered through analyzing real transaction data from x402 and MPP that AI agents have begun to autonomously purchase digital services such as APIs, data, and computing power. A new payment model characterized by high frequency, low amounts, and no manual checkout is emerging. Although agent payments have already reached a preliminary scale, identity verification, expenditure control, compliance, and dispute resolution are still immature. The core value in the future may be more in the hands of distribution, trust, and payment infrastructure.
