Mastercard Expands Into AI-Powered Payments Ahead Of Holiday Season

Mastercard on Wednesday unveiled a broad slate of AI-driven initiatives to accelerate agentic commerce, transactions executed by intelligent digital agents. Central to the rollout is Mastercard Agent Pay, set to launch for all U.S. cardholders ahead of the holiday season, with Citi and U.S. Bank customers gaining first access. Commerce platforms like PayOS will also integrate AI-driven shopping features. The company is working with Google, Stripe, and Ant International’s Antom on industry standards and credential verification through the FIDO Alliance. Shares are up 11% year-to-date, and last traded lower by 0.26% at $582.51 in premarket trading on Wednesday.