Rain Forms Alliance with Visa and Mastercard for Agentic Payments

Financial technology company Rain has announced the formation of an alliance focused on 'agentic payments,' bringing together Visa, Mastercard, and other industry players. This collaboration aims to make AI-powered agents' financial transactions more secure and efficient. The alliance was established to standardize payment processes for autonomous agents and address security vulnerabilities in this area. Led by Rain, the initiative has garnered broad support, with payment giants Visa and Mastercard joining alongside other key sector participants. Agentic payments refer to AI-based systems making financial decisions and executing transactions without human intervention. Establishing standards in this field is expected to boost confidence among both businesses and consumers in these next-generation payment methods. Through this alliance, Rain aims to develop innovative solutions in payment infrastructure and create a globally accepted framework. The company is targeting leadership in autonomous payment solutions, particularly for corporate clients. This development comes at a time when AI integration in the payments sector is accelerating. Experts note that such collaborations will significantly impact the digital transformation of financial services in the coming years. This is not investment advice.