Mastercard rollout shows AI shopping has reached the checkout

Senior Business Correspondent
4 Feb, 2026
Michael Sainsbury
Senior Business Correspondent
4 Feb, 2026
The card schemes are racing to embed themselves in the surging AI shopping universe, with multiple players scrambling to reap fees and other benefits from a new payments ecosystem.
Mastercard rollout shows AI shopping has reached the checkout

The card schemes are racing to embed themselves in the surging AI shopping universe, with multiple players scrambling to reap fees and other benefits from a new payments ecosystem.

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Visa's average credit card merchant fee reached 1.00% in the June quarter, the highest since the RBA began publishing fees by scheme, and up five basis points over
The end of card surcharging on October 1 has merchants across Australia looking at ways to hand out and handle more cash.
On The Interchange Bench this week, Brazil’s A2A network draws a tariff, a fake Matt Comyn offers us US $35 million in a Whatsapp scam, former RBA payments
The Commonwealth Bank says escalating geopolitical tensions, cyber threats and artificial intelligence are transforming operational resilience from a compliance obligation into a competitive advantage for financial institutions and
Three reforms are converging to strengthen PayTo, delivering stronger consumer protections, clearer fraud liability and greater confidence in account-to-account payments as merchants search for trusted, low-cost alternatives to

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