Can credit cards survive AI shopping? Why Mastercard’s CEO says they’ll ‘prevail’ in this new era.

Mastercard CEO announced the company expects credit cards to remain viable as artificial intelligence transforms shopping habits through what the company calls "agentic commerce," in which AI agents make purchasing decisions on behalf of consumers. The company is developing technology to adapt its payment systems to this model. Mastercard did not specify a timeline for implementation or provide financial projections related to the shift.

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