Agentic commerce

Agentic commerce refers to a model of digital commerce in which AI agents act on behalf of consumers — discovering products, comparing options and executing purchases within pre-set parameters, rather than requiring the consumer to navigate each step manually. For payments infrastructure, agentic commerce requires support for variable transaction amounts, pre-authorised spending limits and programmable authorisation models, since agents may execute transactions autonomously across multiple merchants.
The South African online payments glossary

Defining key terms across South Africa’s online payments ecosystem