Updated ETGet the DI Daily by Email

AI news for e-commerce professionals, with our take on why it matters.

Michael Miebach

Person1 post

CEO of Mastercard.

Thursday October 29, 2026

  1. Mastercard calls one-time virtual cards for AI agents a stopgap it won't support long term

    Michael Miebach wants agents to pay with network tokens tied to the shopper's own card, and says a new OpenAI deal includes Agent Pay.

    Our takeSingle-use virtual cards can sever an agent's purchase from the shopper's card, issuer and rewards, so tokens that confirm agent authorization keep networks central and, in principle, give merchants a cleaner authorization signal.

    PYMNTSPayments and fraudThe contest to control how AI agents pay

Stories

Companies
People
Topics