OpenAI and Visa are piloting a system that links users’ Visa cards to ChatGPT to streamline purchases, with OpenAI handling decision-making and interaction while Visa manages payment authorization and fraud monitoring.

Financial terms and merchant/customer fee details were not disclosed, though Instant Checkout previously charged merchants roughly 4% of the transaction, a cost point for merchants.

The system includes safeties such as spending limits, required approval steps, and a list of authorized merchants to mitigate overspending or unauthorized transactions.

The announcement was unveiled at a San Francisco event, with reporter notes also from New York.

The report frames this as an informative industry update with potential implications for businesses and consumers.

The partnership aims to lay the groundwork for agentic payments, with more adaptations expected as platforms evolve.

This development sits within broader efforts by tech and financial players to enable autonomous shopping through AI agents.

ChatGPT will act as the gateway to implementing the new payment capability, expanding AI agents from information processing to executing financial actions.

The article provides contextual market data and a Store report but centers the Visa‑OpenAI collaboration rather than relying on that data for the core narrative.

Users can direct AI agents to perform tasks like bill payments and grocery shopping, with retailers supporting transaction requests initiated by AI agents.

OpenAI positions this as a gateway to agentic commerce, while noting ChatGPT will not instantly replace traditional shopping platforms.

OpenAI’s head of partnerships and commerce notes that agents will increasingly help with money-related tasks, from purchases to more complex transactions.