What happened
Corpay introduced a virtual card system built for AI agent transactions. The platform lets companies issue digital cards to autonomous software with set spending rules. Administrators can limit purchases by amount, vendor, and task.
The context
AI agents are moving from simple chat to completing real actions like booking travel or buying supplies. Traditional corporate cards do not offer fine controls for automated code. Dedicated payment guardrails help companies prevent accidental or unauthorized software purchases.
Sources
- Investing.com Canada ↗ via Google News Reported