Visa and Lianlian have successfully executed the first live B2B agentic transaction in Greater China using LoopXPay, showcasing how AI agents can streamline procurement and payments for SMBs. The deal underscores new standards for identity, transparency, and control in AI‑driven commerce.
Key Takeaways
- Visa and Lianlian completed the first live B2B agentic transaction using LoopXPay.
- The AI agent handled sourcing, supplier selection, order placement, and secure payment in a single workflow.
- Transaction was verified through Visa’s Trusted Agent Protocol and Agentic Directory.
Visa (NYSE: V) and Lianlian DigiTech announced today that they have successfully completed the first live B2B agentic transaction in Greater China via the LoopXPay AI agent. The transaction demonstrated how small‑ and medium‑sized businesses (SMBs) can rely on a single AI‑driven workflow to identify purchasing needs, recommend suppliers, compare options, place the order, and execute payment—all within predefined spending controls.
Historical Background
Over the past decade, AI has gradually entered digital payments, but fully autonomous, real‑time B2B transactions have remained rare. Visa introduced its Trusted Agent Protocol earlier to provide identity verification, transparency, and spend‑limit enforcement for AI agents.
Why This Matters
BozokMedia analysis shows that AI‑driven procurement can cut manual effort by up to 40 % for SMBs, freeing resources for growth‑focused activities while maintaining strict financial oversight.
"AI‑powered commerce experiences can help businesses simplify purchasing and payments while maintaining the controls and oversight they require," said Darren Parslow, Global Head, Visa Commercial Solutions.
Comparison Overview
| Traditional Process | AI‑Agentic Process |
|---|---|
| Multiple steps, manual data entry | Single automated workflow |
| Higher error risk | Real‑time verification and approvals |
| Long payment cycle | Instant, secure payment |
Frequently Asked Questions
Q1: Can AI agents handle all types of B2B transactions?
A: Currently they manage procurement, digital‑ad optimisation, and payments, with plans to expand into more complex supply‑chain functions.
Q2: What does Visa’s Trusted Agent Protocol cover?
A: It authenticates the agent’s identity, enforces spend limits, and ensures full transparency for every transaction.
