Visa has announced that it is partnering with Bank of China (Hong Kong) (BOCHK) in the GenA.I. Sandbox++. With the Visa BOCHK partnership, the pilot will conduct proof-of-concept testing.

It aims to connect BOCHK’s AI Agent within the BOC Pay+ ecosystem with servicing platforms like OpenRice and China Mobile Hong Kong (CMHK), thereby enabling secure, consent-based agentic commerce in a risk-controlled sandbox environment.

Visa will provide the infrastructure, controls and connectivity that are necessary for the AI agents to discover, initiate, and complete transactions.

Paulina Leong, General Manager of Visa Hong Kong and Macau, shared,

Paulina Leong
Paulina Leong

“Visa’s role is to provide the trusted payment infrastructure that enables AI agents to transact safely on behalf of consumers, with appropriate safeguards, transparency and user control built into every transaction, while enabling merchants to engage confidently in AI-powered commerce.”

The Visa Intelligent Commerce (VIC) will provide the technology framework for the proof-of-concept testing for the Visa BOCHK partnership.

Featured image edited by Fintech News Hong Kong based on an image by Visa