Agentic Payments: How AI is Transforming Payments

October 4, 2024 | Team Pay3

How Agentic Payments are Transforming Finance

1. Faster Transactions: By utilizing technologies like real-time payment (RTP) networks and blockchain, AI can execute transactions instantly. Agentic systems employ APIs for direct integration with financial institutions, enabling immediate transfer and settlement, bypassing traditional clearinghouses and reducing latency

Imagine a future where AI handles your payments automatically with no manual input, no delays, and no human error. That’s exactly what agentic payments are all about. This emerging financial technology empowers AI systems to independently manage transactions, providing businesses with a more efficient and hands-off approach to payments.