Westpac Banking Says Mastercard Completes New Zealand's First Fully-Authenticated Agentic Transaction on Network

MT Newswires Live
Feb 17

Westpac Banking (ASX:WBC, NZE:WBC) said that Mastercard completed New Zealand's first fully-authenticated agentic transaction on its network using a Westpac-issued debit card to purchase cinema tickets from Event Cinemas, according to a Tuesday statement.

Another transaction on Mastercard's Agent Pay framework booked accommodation with QT Hotels & Resorts in Queenstown.

Artificial intelligence-powered agents search for, discover, and, in some instances, make purchases on behalf of consumers in agentic transactions.

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