Major Retailers Drive Agentic Commerce Into Payments

Mladen Vladic, head of product for payment networks at FIS, said in a February interview that agentic commerce — where AI agents search, negotiate and complete transactions — is being legitimized by major retailers like Walmart and Target through partnerships with Google Gemini and OpenAI. He estimated agent-mediated purchases could reach $1 trillion in U.S. retail by 2030 and described FIS’s Smart Baskets and routing tools to integrate payments infrastructure.