Visa links with banks to boost payments ecosystem

Visa links with banks to boost payments ecosystem

Visa has partnered with banks in Việt Nam to launch the Agentic Ready Programme, aimed at strengthening payments as agent-led commerce expands.

Visa co-operates with banks to bolster the payments ecosystem amidst the rise of agent-led commerce. — Photo Courtesy of Visa Vietnam

Visa has announced a collaboration with banks in Việt Nam to introduce the Agentic Ready Programme, a global initiative designed to bolster the payments ecosystem amidst the rise of agent-led commerce.

The initial phase of the programme is centred around enhancing issuer readiness, offering a structured pathway for issuers to test, validate and gain insight into agent-initiated transactions within a controlled, production-grade environment. 

Through this programme, issuers have the opportunity to observe how AI agents execute complete transactions on behalf of consumers and assess their readiness to support agentic commerce, all while upholding the trust, control, and security standards that form the foundation of the Visa network.

“Việt Nam’s participation in Visa Agentic Ready underscores strong issuer engagement and reflects the country’s momentum in digital payments innovation.

"Many issuers are already developing or deploying capabilities such as tokenisation and device binding to support and help shape the next generation of commerce,” said Dung Đặng, Visa country manager for Vietnam and Laos.

Visa Agentic Ready is powered by Visa’s foundational network capabilities, bringing together tokens, identity, risk and controls to examine how trusted agent‑initiated payments could be enabled across use cases. 

Bringing agentic commerce to life at scale requires coordination across the payments ecosystem, and Visa has enrolled several partners from 10 markets across the region into the Agentic Ready programme. 

In Việt Nam, the company has conducted successful programme testing with a broad base of local issuers and is engaging with leading financial institutions as part of phase I. 

Việt Nam issuers participating or engaged in the programme include Asia Commercial Bank (ACB), Military Commercial Joint Stock Bank (MB), Saigon Treasure Commercial Joint Stock Bank (SACOMBANK), Vietnam Technological and Commercial Joint-Stock Bank (Techcombank) and Vietnam Prosperity Joint Stock Commercial Bank (VPBank), with further engagement expected as the programme evolves. 

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