Mastercard partners with OpenAI and Tencent to expand agentic commerce

AI-assisted source summary · not independently verified. Content standards

Mastercard has entered into a strategic partnership with OpenAI, covering the use of Mastercard Agent Pay, payments, joint service growth, and AI transformation. Mastercard has also signed a memorandum of understanding with TenPay Global, a subsidiary of Tencent, to explore QR-code acceptance in mainland China for international visitors, remittances to the Weixin / WeChat ecosystem, and interoperability in AI commerce and cross-border payments.