Bank. Revolut App Realizes First Payment by IA in France
17 Articles
17 Articles
In a press release released this Monday, September 7, Revolut stated that it had made the first payment in France thanks to artificial intelligence. This financial transaction model consists of letting a software agent with artificial intelligence make and validate a purchase on behalf of a user, independently or semi-autonomous. An event that occurs at a time when consumers have never used AI so much for purchases.
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The British fintech Revolut announced this Monday that it had made the first secure payment initiated by artificial intelligence (AI) in France as part of a test.
This transaction, carried out as part of a test, aimed to "better understand how this type of payment could work in real buying situations, while guaranteeing the customer's consent, the issuer's controls and the maintenance of existing protections", stressed the British neobank. Specifically, the AI agent, with the client's permission, can carry out the various stages of the purchase until payment. During the exercise, the Visa test agent initi…
The company carried out with Visa a first secure payment experiment triggered by an IA. A way to "better understand how this type of payment could work in real buying situations".
An artificial intelligence agent initiated a real payment in France, in a test carried out by the Revolution together with Visa. With the client's agreement, AI can go through the stages of a purchase to payment, while the user retains control over the transaction.
British neobank Revolut has announced that it has executed the first secure payment initiated by artificial intelligence in France. Carried out with Visa, the transaction was conducted in real-world conditions with the merchant Cleverbridge. The fintech company presents this as a milestone towards AI-driven commerce. The article "Revolut Makes First AI Payment in France with Visa" first appeared on Cryptoast.
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