/C O R R E C T I O N -- Nuvei/

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Nuvei (NVEI) completed a live agentic-commerce proof of concept with Visa, Arvato Systems, Kings and Priests, and multiple European issuers. An AI agent initiated and completed a purchase using tokenized Visa credentials entirely inside the agent experience, showing first-party, merchant-led agentic payments on live Visa rails.

Nuvei introduced its Agentic Payments strategy, built on a Protocol Compatibility Layer and Know Your Agent identity/governance, and is targeting initial availability in the second half of 2026.

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In the news release, Nuvei Completes First-Party In-Agent Payment with Visa; Unveils Merchant-Led Agentic Payments Strategy, issued 02-Jul-2026 by Nuvei over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

Nuvei Completes First-Party In-Agent Payment with Visa; Unveils Merchant-Led Agentic Payments Strategy

• First live in-agent purchase authorized across multiple issuers on Visa rails
• Nuvei Agentic delivers what merchants asked for: first-party agent capabilities today, third-party agents when the market demands

MONTREAL, July 2, 2026 /PRNewswire/ -- Nuvei, the global fintech building the infrastructure for every payment, everywhere, today completed a live agentic-commerce proof of concept with Visa, Arvato Systems, and fashion brand Kings and Priests. In the transaction, a merchant's AI agent initiated a product purchase on a shopper's behalf and paid inside the agent, with no hand-off to a separate payment flow. Multiple issuers across Europe took part completing agentic payments settled on live Visa rails using a tokenized Visa credential within Visa Intelligent Commerce. These were governed by shopper-set guardrails, including spend caps and approved categories.

The proof of concept moves agentic commerce beyond discovery by keeping the purchase, authorization, and payment inside the first-party agent. It also establishes a proof point for Nuvei Agentic: a protocol-agnostic execution layer any AI agent can call to pay.

"Agentic commerce is the next evolution of digital commerce, with AI not just finding products but initiating purchases," said Phil Fayer, Chair and CEO of Nuvei. "This proof of concept starts inside a merchant's own experience and points to where payments are heading: a layer that lets any agent, on any protocol, make a payment."

The strategy reflects what merchants are asking for. At Nuvei's Global Customer Advisory Board this week, merchants identified first-party agentic capabilities as the immediate priority, with the same controls extending to public, third-party agents as the market develops.

With the proof of concept complete, Nuvei, Visa, and the participating issuing partners are now working to scale these capabilities toward production.

Nuvei brings together an Agentic Payment Ecosystem

The proof of concept brought together merchant technology provider Arvato Systems, fashion brand Kings and Priests, and issuing partners across Europe, including Alpha Bank, Piraeus Bank, Bank Leumi, CAL, MAX, and Bank of Cyprus.

"Through Visa Agentic Ready, we are extending existing capabilities — including tokenization and network-level controls — to enable agent-initiated payments in a trusted and consistent way," commented Mathieu Altwegg, Head of Product & Solutions, Visa Europe. "This proof of concept shows how those foundations can support new experiences today, with authentication continuing to evolve as the model scales."

"This proof of concept shows how the payments ecosystem can enable AI-driven purchasing while preserving trust, control, and transparency," said Carsten Bruning, Vice President Digital Commerce at Arvato Systems. "With Visa and Nuvei, we validated interoperability across the flow and proved that payment can complete inside the agent rather than on the merchant site."

"For Kings and Priests, this was a firsthand look at how agentic commerce can open new channels for digital retail," said Ralph Hürlemann, Founder of Kings and Priests. "An AI agent initiating a purchase on a consumer's behalf can reshape how customers discover and buy online."

Beyond the Proof of Concept: Building the Execution Layer for Agentic Commerce

Agentic commerce is projected to drive $1 trillion in global transaction volume by 2030 and $3–5 trillion by 2035 (McKinsey). As the payment experience moves into the agent, this proof of concept marks a first step in Nuvei Agentic Payments and extends Nuvei's Every Payment, Everywhere strategy.

Two building blocks form that interface. A Protocol Compatibility Layer lets merchants integrate once and accept payments from the standards an agent uses — ACP, AP2, or MCP — routed across networks, with Nuvei intending to certify against both Visa Intelligent Commerce and Mastercard Agent Pay. Know Your Agent adds identity and governance by registering and credentialing agents, validating the consumer's mandate, scoring agent reputation, and keeping actions auditable. Together, they give merchants one interface through Nuvei's existing platform and ISV integrations, without re-engineering their payment experience.

Nuvei is targeting initial availability in the second half of 2026, covering protocol compatibility, the KYA registry and agent risk scoring, network certifications, and a developer sandbox — all on the Level 1 PCI-certified infrastructure and risk and fraud tooling Nuvei already runs at scale.

"Agentic commerce is a platform problem, not a feature," Fayer added. "Merchants need one place that connects them to every agent, protocol, and network while keeping them in control. The hard part isn't the transaction; it's carrying a verifiable mandate, managing real-world agent risk, and clearing across any rail. We are now building it into the infrastructure we already run for thousands of merchants."

Read the executive viewpoint from Phil Fayer.

About Nuvei

Nuvei is the global fintech building the infrastructure for every payment, everywhere. Its modular, flexible, and scalable technology enables leading companies to accept next-generation payments, offer all payout options, and benefit from banking, risk, and fraud management services. Connecting businesses to their customers in more than 200 markets, with local acquiring in 53 markets, 150 currencies, and over 720 alternative payment methods, Nuvei provides the technology and insights for customers and partners to succeed locally and globally through one integration.

For more information on our vision for agentic commerce, visit our website.  

Contact:

Public Relations

alex.hammond@nuvei.com

Correction: The link behind "Kings and Priests" in the first paragraph has been updated to https://kingsandpriests.shop/ 

View original content to download multimedia:https://www.prnewswire.com/news-releases/nuvei-completes-first-party-in-agent-payment-with-visa-unveils-merchant-led-agentic-payments-strategy-302816873.html

SOURCE Nuvei

FAQ

What did Nuvei (NVEI) announce on July 2, 2026 about agentic payments?

Nuvei announced completion of a live agentic-commerce proof of concept with Visa and partners. According to Nuvei, an AI agent initiated and paid for a purchase entirely within the agent, using tokenized Visa credentials and shopper-defined guardrails across multiple European issuing banks.

How does Nuvei Agentic Payments work for merchants and AI agents?

Nuvei Agentic Payments provides an execution layer any compliant AI agent can call to complete payments. According to Nuvei, a Protocol Compatibility Layer supports agent standards like ACP, AP2, and MCP, while Know Your Agent handles agent identity, mandates, reputation scoring, and auditable governance.

Which partners joined Nuvei and Visa in the agentic-commerce proof of concept?

The proof of concept involved Visa, Arvato Systems, fashion brand Kings and Priests, and several European issuers. According to Nuvei, issuing partners included Alpha Bank, Piraeus Bank, Bank Leumi, CAL, MAX, and Bank of Cyprus, validating agent-initiated payments on live Visa rails.

When is Nuvei planning initial availability of its Agentic Payments platform?

Nuvei is targeting initial availability of its Agentic Payments capabilities in the second half of 2026. According to Nuvei, this phase will include protocol compatibility, a Know Your Agent registry and risk scoring, network certifications, and a developer sandbox on its existing PCI-certified infrastructure.

What is Nuvei's merchant-led agentic payments strategy and why does it matter?

Nuvei is focusing first on merchant-controlled, first-party agents that keep payment flows inside the agent. According to Nuvei, the same controls are designed to extend to public, third-party agents over time, aiming to give merchants one interface to agents, protocols, and networks.

How large could the agentic commerce market become according to Nuvei's announcement?

Nuvei cited external projections that agentic commerce may drive $1 trillion in volume by 2030. According to Nuvei, those projections rise to an estimated $3–5 trillion by 2035, framing its Agentic Payments initiative within a potentially large long-term digital commerce opportunity.