
Summary
SINGAPORE, April 30, 2026 /PRNewswire/ -- Visa, a global leader in digital payments, today announced the launch of Visa Agentic Ready in Singapore with 13 issuers, spanning across banks and fintechs. This global programme is designed to support the payments ecosystem in the era of agentic commerce.
SINGAPORE, April 30, 2026 /PRNewswire/ -- Visa, a global leader in digital payments, today announced the launch of Visa Agentic Ready in Singapore with 13 issuers, spanning across banks and fintechs. This global programme is designed to support the payments ecosystem in the era of agentic commerce.
Powered by Visa's trust layer, which includes tokens, identity, risk and controls, the first phase of Visa Agentic Ready is focused on issuer readiness. It gives them a clear, structured path to test and validate agent-initiated transactions inside a controlled, production-grade environment so that consumers remain in control as decision-making becomes increasingly automated.
From Readiness to Real‑World Scale Bringing agentic commerce at scale requires coordination with different partners across the payments ecosystem, and Visa will work with its existing issuing clients in Singapore for the Agentic Ready programme. These partners include Bank of China Singapore,CIMB Singapore,DBS Bank, DCS, GXS Bank, HSBC Singapore, Maybank Singapore, OCBC, Standard Chartered, StraitsX, Trust Bank, UQPay and UOB, with additional partners expected to join this year as the programme expands.
Adeline Kim, Country Manager for Singapore & Brunei at Visa said: "Singapore is an innovation hub where ideas move quickly from concept to real-world impact, making it the ideal market to progress agentic commerce. A Visa-commissioned study underscores strong consumer readiness, where close to 77 per cent of Singapore residents already use generative AI tools in their daily lives, and eight in 10 rely on AI assistance when shopping online.
We want to ensure that in this early phase, we work with as many partners as possible to ensure they have the right technology to prepare for this next phase of commerce, where AI agents can discover, decide and pay on behalf of consumers." "Visa Agentic Ready builds on Visa Intelligent Commerce, which is Visa's portfolio of initiatives and solutions for enabling trusted, AI-driven commerce experiences at scale.
As we roll out agentic commerce, we're also working with merchants and ecosystem partners to identify the use cases that matter most to consumers. Trust and control must be embedded across the payments ecosystem so these new commerce experiences can scale securely and transparently," added Adeline.
This follows Visa's announcement in March on early pilot testing with DBS, focused on everyday use cases. Partner Quotes: Mr Sonny Tan, Deputy General Manager and Deputy Country Head at Bank of China Limited, Singapore Branch, "Bank of China Singapore is pleased to partner with Visa on the Agentic Ready pilot in Asia Pacific.
This initiative enables us to evaluate agent- initiated payments within a secure and controlled environment. Such collaboration is vital as digital commerce continues to evolve, helping ensure innovation is delivered in a way that is secure, scalable, and aligned with real client needs." Ms Merlyn Tsai, Head of Consumer Banking and Digital at CIMB Singapore and Regional Head of Digital Strategy, "CIMB Singapore is pleased to collaborate with Visa on the Agentic Ready pilot in Asia Pacific.
The pilot enables us to explore agent-initiated payments within a controlled and secure environment. Partnerships like this are critical as digital commerce continues to evolve, ensuring innovation is introduced in a way that is secure, scalable, and aligned with genuine client needs." Ms.
Chan Sow Han, Head of Payments & Unsecured Lending, Consumer Banking Group, DBS Bank, "Our journey as the first bank in Asia Pacific to pilot Visa Intelligent Commerce highlights DBS' pioneering role in AI innovation for payments. Joining the Visa Agentic Ready programme is a natural evolution of this expertise, allowing us to collaboratively drive the secure and widespread adoption of AI-driven commerce, and deliver exceptional convenience and control to our customers" Ms.
Source
Original coverage by The Manila Times.
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