Animoca & Visa Pilot AI Commerce in Hong Kong
Summary
Animoca Brands has successfully piloted AI-powered commerce with Visa in Hong Kong. This collaboration allows AI agents on Animoca's Minds platform to find relevant Visa rewards and complete purchases for users. The pilot began with the Bruce Lee Club Ltd eShop. These new capabilities mean Minds AI agents can identify Visa Hong Kong and China offers based on a user's cards and preferences. The agents can then finalize transactions within pre-approved settings and spending limits. Visa's payment infrastructure provides secure, tokenized payment credentials and fraud protection for these agent-initiated payments. Animoca Brands chairman Yat Siu notes that this agentic commerce represents a significant shift, letting AI agents act on behalf of users with clear permissions. This collaboration aims to connect the emerging AI agent world with existing commerce systems. This development could change how we interact with online shopping.
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