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Payment shake-up as Santander tests new system that completes transactions on customers' behalf

Santander has successfully tested a new payment system in collaboration with Mastercard that allows transactions to be completed automatically by an artificial intelligence agent. This pilot program, conducted in Spain, represents a significant advancement towards hands-free shopping, raising questions about consumer control over purchasing processes.

Payment shake-up as Santander tests new system that completes transactions on customers' behalf

Credit: Gbnews

Key Highlights

  • Santander and Mastercard collaborated on a new automated payment system.
  • The system allows AI to complete purchases on behalf of customers.
  • A pilot program in Spain demonstrated the technology by purchasing a T-shirt.
  • The development could transform everyday transactions into seamless processes.
  • The innovation raises questions about consumer control during checkout.
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Sources

  1. Payment shake-up as Santander tests new system that completes transactions on customers' behalf

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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