Visa and Mastercard Join Rain’s Agentic Commerce Coalition
Rain launched the Agentic Payments Alliance to align platforms, regulators, and developers on how AI agents should be authorized, how fraud should be detected, and how loyalty and rewards work as agentic commerce grows. Founding members announced Aug. 18 include Visa and Mastercard along with others, and Rain says it developed tools such as an Agent Control Layer and Scoped Cards to enable safe, limited credentials.