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Rival AI Payment Standards Emerge as Tech Giants Vie for Commerce Dominance

Three competing agentic commerce protocols have emerged from Google, OpenAI, and Visa, each aiming to solve the trust problem in AI-powered transactions. Industry experts suggest these competing standards could create walled gardens and slow adoption until interoperability issues are resolved.

Competing Agent Protocols Create Standards Battle in AI Commerce

The race to dominate AI-powered commerce intensified recently as three major players unveiled competing protocols for enabling AI agents to conduct secure transactions, according to industry reports. Google launched its Agent Pay Protocol (AP2), while OpenAI partnered with Stripe on the Agentic Commerce Protocol (ACP), and Visa introduced the Trusted Agent Protocol (TAP), sources indicate.