Visa Launches “Agentic Ready” to Boost AI-Powered Payments in LATAM

Visa announced the launch of Visa Agentic Ready, a program designed to prepare banks and merchants for a new era in the sector: agentic commerce, powered by artificial intelligence. The project is already operational in Latin America and the Caribbean, where dozens of financial institutions are conducting trials of AI-agent-initiated payments, utilizing real infrastructure and active cards.

According to the financial firm, this model will enable digital agents to make purchases and transactions on behalf of users, under robust security, control, and consent frameworks. “Payments must evolve at the same pace as artificial intelligence,” stated Catalina Tobar, Visa’s representative for the region.

The program includes trials to validate processes such as tokenization, authentication, and payment authorization, in addition to assessing risks and trust levels prior to wider adoption. Visa highlighted that the region offers favorable conditions for this type of innovation. Currently, tokens have reduced fraud by 70% and increased authorizations by 9%, while half of all e-commerce transactions already operate under this scheme.

Participating banks in these trials include , Santander, Scotiabank, and Banco do Brasil, among others.