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Thredd joins Visa's Agentic Ready programme

70 pts · High·Finextra Payments·2h ago · Jul 16, 14:16 UTC·1 min read
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Thredd, an AI-first issuer processing platform, has become a participant in Visa's Agentic Ready programme. This initiative aims to empower issuers across Europe to engage in agent-initiated payments while avoiding the need to overhaul their existing payments infrastructure.

Joining the Visa Agentic Ready programme signals Thredd's continued commitment to facilitating modern payment solutions in Europe. With this partnership, issuers can benefit from streamlined agent-initiated payment processes, enhancing their service offerings and potentially driving greater transaction volumes without incurring significant redevelopment costs.

Key takeaways

  • Thredd partners with Visa to join the Agentic Ready programme.
  • Issuers can now participate in agent-initiated payments more easily.
  • The programme eliminates the need for extensive payments infrastructure changes.
  • This move reinforces Thredd's position as a leader in AI-driven payment solutions.

Why this matters

This partnership enhances Thredd's capabilities and could position it as a go-to solution for European issuers looking to modernize their payment processes without the usual complexity of infrastructure upgrades. It also signals Visa's strategy to expand agent-initiated payments, which may change competitive dynamics in the issuer processing landscape, providing advantages to those who adapt swiftly to this model.

Entities

Companies: Thredd, Visa
Products: Agentic Ready programme

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