EMVCo Requests Feedback on Framework for Secure, Interoperable and Scalable Card-Based Agentic Payments

This section is Partnership Content supplied by Business Wire EMVCo – the technical body that creates and manages EMV ® Specifications and programmes – has released a draft framework to help promote secure, interoperable and scalable card-based agentic payments. The framework provides a foundation for further industry engagement and potential specification development, with all interested stakeholders encouraged to provide their feedback on EMV® Agentic Payments – Framework for Specifications by Wednesday 30 September. A key focus across the agentic commerce ecosystem is how to establish intent and determine that a consumer delegated authority to an AI agent to make a purchase on their behalf. Following industry input, EMVCo has focused on card-based agentic payment scenarios where intent needs to be managed over time, such as recurring purchases, cumulative budgets and post-transaction activities. These scenarios may require access to a shared intent ‘state’ that persists across multiple participants and their interactions. EMVCo has identified an opportunity to complement cryptographic assurance provided by existing industry solutions, such as Verifiable Intent, with a common coordination point that can help participants consistently interpret consumer-authorised intent. The draft EMV® Agentic Payments – Framework for Specifications therefore introduces the concept of ‘Intent Services’. Intent Services provide a shared, interoperable layer that enables payment participants to register, reference, retrieve and manage consumer-authorised intent before, during and after a transaction. The framework provides an overview of ecosystem roles and data fields for registering intent, maintaining lifecycle and state information, and enabling the authorised retrieval of intent-related data. Junya Tanaka, EMVCo Executive Committee Chair, comments: “Card-based agentic payments require a globally interoperable foundation that consumers, merchants and issuers can all trust. This publication marks an important step forward by outlining a consistent approach for establishing and communicating intent alongside payment-related information, and we encourage participants from across the industry to share their feedback to shape its ongoing development.” EMVCo has established a dedicated Agentic Payments Task Force and is actively engaging with the hundreds of industry stakeholders that participate as EMVCo Associates and Subscribers. It is also collaborating…