LONDON - Tuesday, 01. September 2026
(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 closely with various industry
partners and technical bodies, including the FIDO Alliance, the OpenID
Foundation, the OpenWallet Foundation and W3C.
By providing a
common foundation for card-based agentic payments, the framework will
help identify potential future enhancements to other EMV technologies –
including EMV 3-D Secure (3DS), EMV Payment Tokenisation, EMV Secure
Remote Commerce (SRC) and the EMV Digital Payment Credential (DPC). It
will also inform opportunities to complement existing and emerging
identity and credential standards.
Development may also be
required to help enable the consistent identification of agentic
transactions across the payments ecosystem. To support this, EMVCo may
consider capabilities related to Know Your Agent (KYA) and Agentic
Transaction Indicators to be included in future publications. Together,
these could help provide interoperable mechanisms for identifying the
agent involved in a payment interaction, communicating relevant agent
attributes, and signalling that a transaction involved an agent acting
on behalf of a consumer.
Following initial review from EMVCo
Associates, EMV® Agentic Payments – Framework for Specifications is now
available for public review until Wednesday 30 September. As work
continues to progress, all interested stakeholders are encouraged to
explore ways to participate in EMVCo and share input on the strategic
considerations and technical advances shaping agentic payments.
About EMVCo:
EMV®
is a registered trademark in the U.S. and other countries and an
unregistered trademark elsewhere. The EMV trademark is owned by EMVCo,
LLC.
EMVCo creates and manages EMV Specifications and programmes
that enable seamless and secure card-based payments for businesses and
consumers worldwide.
EMV Specifications support technologies
including EMV Contact Chip, EMV Contactless Chip, EMV Mobile, EMV QR
Codes, EMV Secure Remote Commerce, EMV 3-D Secure and EMV Payment
Tokenisation and are widely used by the payments industry to develop
products and services that deliver trusted and convenient in-store,
online and remote card-based payments.
As a global technical
body, EMVCo is collectively owned by American Express, Discover Network,
JCB, Mastercard, UnionPay and Visa. Hundreds of payments stakeholders,
including merchants, banks and technology providers, participate as
EMVCo Associates and Subscribers to develop, evolve and enhance flexible
EMV Specifications that support innovation and address marketplace
needs. All EMV Specifications are available royalty free on the EMVCo
website.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260831704950/en/
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