Wire flash
TechVisa and Lianlian DigiTech complete first live B2B agentic transaction in Greater China via LoopXPay
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
Visa and Lianlian DigiTech announced the first live B2B agentic transaction in Greater China using LoopXPay, an AI agent. The transaction involved sourcing a product sample from a supplier, with the AI agent handling identification, supplier comparison, ordering, and payment within pre-defined spending controls. This milestone demonstrates how AI-powered commerce can help SMBs streamline purchasing and payments. LoopXPay has been registered in Visa's Agentic Directory, supporting Visa's Trusted Agent Protocol to ensure identity, transparency, and oversight in agent-driven transactions. Visa and Lianlian plan to expand AI agent applications to procurement, digital advertising, and B2B platform payments.
Source report
Publication date: 2026-07-24 05:00:53
SINGAPORE, July 24, 2026 /PRNewswire/ — Visa (NYSE: V), a global leader in digital payments, and Lianlian DigiTech Co., Ltd. ("Lianlian"), an AI-native global financial infrastructure provider, today announced the first live B2B agentic transaction completed using LoopXPay, Lianlian's AI agent.
- This marks the first live B2B agentic transaction in Greater China, highlighting how AI-enabled commerce can help SMBs streamline purchasing and payments, supported by Visa's Agentic Directory for trusted AI agent interactions.
Streamlining SMB Procurement with AI
Small and medium-sized businesses (SMBs) often lack dedicated procurement teams and spend valuable time sourcing, purchasing, and making payments themselves. In the transaction, the LoopXPay agent was used to source a product sample from a supplier and complete the purchase in a single workflow. The agent:
- Identified the purchasing requirement
- Recommended suitable suppliers
- Compared options
- Placed the order
- Securely executed the payment
All within a single workflow, while operating within pre-defined spending controls and approval parameters.
The milestone highlights how AI-powered commerce experiences can help SMBs simplify purchasing and payment activities while maintaining appropriate controls and oversight. By enabling AI agents to operate within pre-defined spending parameters and approval controls, businesses can reduce manual effort while retaining visibility into commercial decision-making.
Building Trust in Agent-Driven Commerce
As AI agents become more involved in purchasing and payment activities, businesses will require confidence that transactions are being executed by verified participants, within approved parameters, and with appropriate oversight. Capabilities aligned with Visa's Trusted Agent Protocol can help provide the identity, transparency, and controls needed to support these interactions.
As part of the collaboration, LoopXPay has been registered in Visa's Agentic Directory, enabling participating businesses and merchants to identify verified AI agents within the ecosystem. Supporting the implementation of Visa's Trusted Agent Protocol, the Agentic Directory helps provide greater transparency into agent-driven interactions and confidence that participating agents have met Visa's requirements.
Industry Perspectives
"AI-powered commerce experiences can help businesses simplify purchasing and payments while maintaining the controls and oversight they require. For SMBs, that means less complexity in managing day-to-day commercial activities and more time focused on growth. As businesses increasingly look to embed intelligence into purchasing and payment experiences, trust will become a critical enabler of adoption. Through our collaboration with Lianlian, we are helping advance the trusted foundations that businesses will need to participate in this next era of commerce with confidence."
>
— Darren Parslow, Global Head, Visa Commercial Solutions, Visa
Building on this milestone, Visa and Lianlian are exploring how AI agents can support a broader range of commercial activities, including procurement, digital advertising optimisation, and B2B platform payments, helping advance trusted commerce through greater efficiency, transparency, and control.
"AI is reshaping the entire commercial value chain, where a growing number of business activities will be autonomously executed by AI agents, with payments serving as the critical infrastructure connecting them to global commerce. Leveraging its experience in global cross-border payments, compliance, as well as payment network, LianLian is actively building AI-native financial infrastructure, delivering an integrated suite of capabilities for the Agent Economy, spanning identity verification, transaction authorisation, intelligent payment, and global fund settlement. Through this collaboration with Visa, we aim to combine Lianlian's AI-native capabilities with Visa's trusted global network and commercial payment expertise to help businesses transact more securely, intelligently and efficiently in an increasingly agent-driven world."
>
— Zhang Zhengyu, Founder, Chairman of the Board and CEO, Lianlian DigiTech
Source
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.Neutral / independent
Part of this Story
Visa and Lianlian Complete First Live B2B Agentic Transaction via LoopXPay