The digital payment juggernaut’s agentic commerce activity went “vertical” last month, President John Collison said this week.
Digital payments processor Stripe charted a significant increase in agentic commerce, starting last month, the company’s president, John Collison, said this week.
During the Cheeky Pint podcast that he hosts, Collison described an increase in the bot-driven commerce on Monday as he conversed with Meta Platforms CEO Mark Zuckerberg and that company’s chief AI officer, Alexandr Wang. Collison alluded to Stripe statistics showing increased agentic activity happening in September, in the wake of its Stripe Sessions marketing event in May.
“It's very interesting to look at the agentic commerce stats at Stripe because we started developing all this stuff and we had a whole bunch of announcements at Sessions back in May, and then it only, as of September, basically started going vertical,” Collison told Zuckerberg and Wang.
Collison’s agentic commerce disclosure surfaced as the three talked about Meta’s development of the AI personal assistant Muse and its abilities to buy merchandise on command, among other tasks.
Collison didn’t provide any specific figures related to agentic commerce activity at Stripe, which processes payments for businesses globally.
The notion of agentic commerce — in which AI agents help consumers shop and order goods and services online — has gained traction this year, while agentic payments — where the bots actually pay for purchases — has trailed behind as a more distant possibility. Payments players have been wrestling with payments aspects , like liability for chargebacks.
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