Mastercard and Google develop a system for secure purchases through digital assistants
Mastercard, together with Google, is developing the Verifiable Intent system, which cryptographically records exactly what the user has authorized their AI agent to purchase. This represents an important step for online shopping security by reliably confirming the agent’s purchasing authority.
Source Mastercard
The system will not only verify the AI agent’s permissions but also log the transaction terms, facilitating faster dispute resolution and fraud detection. Essentially, an infrastructure is being created where digital assistants can make purchases on behalf of people.
In the future, this will simplify and speed up the buying process via AI, opening new opportunities for automation and enhanced user protection.
