Is it too time consuming for you to search and buy the products you need on the Internet? ChatGPT and Visa have a solution.
According to the Associated Press, OpenAI and Visa, the world’s largest non-Chinese payments network, have worked to integrate Visa into ChatGPT. Thanks to this integration, users can now operate ChatGPT as a type of shopping agent, searching the Internet for products based on natural language queries and making purchases on the user’s behalf.
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Visa executive Jack Forrestel said, “As AI agents become active participants in the economy, Visa’s focus is on ensuring that transactions are trusted, secure and seamless.”
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To get an idea of how it works, one example given asked ChatGPT to find a new pair of headphones under a certain price range. Ideally, the chatbot will immediately search the internet, present options to the user, and complete the purchase if the user asks. According to Visa, some of the measures to prevent fraudulent or out-of-control spending include spending limits and a list of approved merchants, in addition to the basic requirement of user approval.
If you trust AI to do the shopping for you, this could be a boon. If you don’t, well, no one is making you use it.
