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Mastercard CEO pitches agentic tokens for AI payments

Original: Mastercard touts the importance of agentic tokens Masercard CEO Michael Miebach said during the company's third-quarter

Mastercard CEO Michael Miebach said on the company's third-quarter earnings call that one-time virtual cards, used as an intermediary between AI agents and merchants, are not a long-term solution for agentic payments. He argued agentic tokens are the more durable infrastructure as AI agents increasingly make purchases on behalf of consumers. The comments signal Mastercard is positioning token technology as central to commerce driven by autonomous AI shopping assistants.

Why now: Companies and investors are closely watching how payment networks adapt to AI agents making purchases, and Mastercard's earnings call offered its strategic answer.

MastercardMichael Miebach

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Evidence

• Mastercard touts the importance of agentic tokens Masercard CEO Michael Miebach said during the company's third-quarter earnings call that one-time virtual cards as a go-between between agents and merchants were not a long-term solution to facilitate # AgenticPayments .… · AlexJimenez@mas.to

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