Visa says new AI shopping tool has helped customers with hundreds of transactions
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Visa successfully completed hundreds of AI transactions in a pilot program initiated after an April product event. The company, along with fintech rivals, is developing AI tools for consumer transactions. Visa plans to expand pilot programs to Asia and Europe next year, collaborating with over 20 partners. AI is transforming e-commerce, with nearly half of U.S. shoppers using AI for purchases. Mastercard, Amazon, PayPal, and Perplexity are also exploring AI shopping tools.
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