Payments firms build a Know-Your-Agent standard

Ant International, Visa, and Mastercard are building a shared Know-Your-Agent framework for AI payments as CNBC reports that the companies cite a McKinsey projection of $3 trillion to $5 trillion in global consumer commerce handled by agents by 2030. The planned layer would link each agent to a valid entity, assess its behavior, and let wallets and card networks recognize it across systems instead of forcing repeat registration. Builders shipping checkout agents should treat identity and authorization as a network dependency now; our analysis of Claude commerce checkout controls shows why an agent’s ability to buy is only as durable as its approval boundary.