Visa’s results showed its businesses accelerating as the company invests in agentic commerce, stablecoins and digital money movement. Nearly 60% of Visa’s global eCommerce transactions are now tokenized, giving the network an existing digital credential layer for new forms of commerce.
Highlights
PYMNTS · B1 · July 29, 2026
Visa Expands Money Movement as Card Spending Accelerates
Visa’s results showed its businesses accelerating as the company invests in agentic commerce, stablecoins and digital money movement. Nearly 60% of Visa’s global eCommerce transactions are now tokenized, giving the network an existing digital credential layer for new forms of commerce.
This signal matters because delegated authorization, identity and payment controls will determine whether software agents can transact safely across financial platforms and payment networks.
PYMNTS · B1 · July 29, 2026
Visa Expands Money Movement as Card Spending Accelerates
Visa’s results showed its businesses accelerating as the company invests in agentic commerce, stablecoins and digital money movement. Nearly 60% of Visa’s global eCommerce transactions are now tokenized, giving the network an existing digital credential layer for new forms of commerce.
This signal matters because delegated authorization, identity and payment controls will determine whether software agents can transact safely across financial platforms and payment networks.
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The card brand additionally entered into partnerships with AI developer Alchemy and AI-powered cross-border payments platform Nuvion. While pushing AI to a wider audience, the collaborations also feed a need at Visa to diversify revenue streams beyond card payment fees at the point of sale as those fees come under threat from regulation and fintechs.
During the company’s second-quarter earnings call Tuesday (July 28), PayPal CEO Enrique Lores laid out a multiyear plan that puts agentic payments and digital identity toward the farther end of the timetable. The immediate work is more concrete and includes improving checkout, rebuilding consumer engagement, expanding financial services and Venmo, modernizing technology, and cutting costs.
The company is making the cuts to reinvest in consumer payments, commercial and money movement solutions, and value-added services such as stablecoin, cross-border and B2B offerings, according to the report. “I have deep conviction that we are doing what is right for Visa, our clients and our partners as we continue to focus on driving efficiency across the company in order to reinvest in our highest potential opportunities,” McInerney said in the memo, per the report.
Visa had about 34,100 employees at the end of its last fiscal year.While AI played a significant role in the layoffs, it wasn't the sole driver, according to the person with direct knowledge of the matter, who declined to be identified speaking about the changes.Visa wants to invest more in what it views as growth areas, including its emphasis on affluent customers, cross border activity, business payments, stablecoins and geographic expansion, said the person.
It would also provide Stripe with a way to expand its agentic payments game.But PayPal's board of directors reportedly determined the $53 billion offer from Stripe was too low, "The board and management team are open and have a clear responsibility to evaluate every opportunity that we have," Lores said Tuesday. PayPal's earningsFor the quarter ending June 30, PayPal reported $487 billion in total payment volume processed, up from 9% from the same quarter in 2025.
Crypto.com, one of the biggest exchanges worldwide, hosts more than 400 assets, including Bitcoin, Ethereum and Solana, stablecoins Tether and USD Coin, and its native token Cronos. <i>The National</i> has contacted Crypto.com for comment.
Brazil already bars virtual assets from settling payments through regulated foreign exchange channels while allowing crypto trading and stablecoin use outside that framework. Dollar backed stablecoins continue to account for a large share of Brazil’s crypto activity even as regulators tighten oversight of the sector.
Products, corridors, integrations, and operating risk
Brazil already bars virtual assets from settling payments through regulated foreign exchange channels while allowing crypto trading and stablecoin use outside that framework. Dollar backed stablecoins continue to account for a large share of Brazil’s crypto activity even as regulators tighten oversight of the sector.
The Central Bank of the UAE has granted Checkout.com in-principle approval to add issuing to its acquiring services in the country.
"I'd be surprised if you got a bank saying, 'This is the one we're hedging our bets on,' because they don't know." A new stablecoinOpen Standard's Open USD is the latest digital asset consortium to pop up, joining Early Warning Service's cross-border stablecoin initiative, SWIFT's blockchain ledger, The Clearing House's tokenized deposit play, and a Canadian stablecoin consortium.
For consumers, stablecoins offer near-instant, low-cost, and transparent payments that can improve use cases such as cross-border payments. Bringing this capability to a mobile wallet with Samsung Wallet’s scale could serve as an accelerant for stablecoin adoption.
In particular, the company has buttressed its stake in stablecoin-based transaction processing with its $1.1-billion deal for the processor Bridge, which closed in February last year. The news comes as Stripe looks to consolidate its position in payments with moves such as its offer for PayPal.
The company is making the cuts to reinvest in consumer payments, commercial and money movement solutions, and value-added services such as stablecoin, cross-border and B2B offerings, according to the report. “I have deep conviction that we are doing what is right for Visa, our clients and our partners as we continue to focus on driving efficiency across the company in order to reinvest in our highest potential opportunities,” McInerney said in the memo, per the report.
The Clearing House’s Cheryl Gurz tells PYMNTS why real-time treasury is becoming the end-state of successful instant payments integration. After eight years of industry outreach and infrastructure investment, instant payments are becoming familiar enough that businesses increasingly understand the product.
Financials, capital, leadership, and material catalysts
Brazil already bars virtual assets from settling payments through regulated foreign exchange channels while allowing crypto trading and stablecoin use outside that framework. Dollar backed stablecoins continue to account for a large share of Brazil’s crypto activity even as regulators tighten oversight of the sector.
The card brand additionally entered into partnerships with AI developer Alchemy and AI-powered cross-border payments platform Nuvion. While pushing AI to a wider audience, the collaborations also feed a need at Visa to diversify revenue streams beyond card payment fees at the point of sale as those fees come under threat from regulation and fintechs.
The Central Bank of the UAE has granted Checkout.com in-principle approval to add issuing to its acquiring services in the country.
During the company’s second-quarter earnings call Tuesday (July 28), PayPal CEO Enrique Lores laid out a multiyear plan that puts agentic payments and digital identity toward the farther end of the timetable. The immediate work is more concrete and includes improving checkout, rebuilding consumer engagement, expanding financial services and Venmo, modernizing technology, and cutting costs.
For consumers, stablecoins offer near-instant, low-cost, and transparent payments that can improve use cases such as cross-border payments. Bringing this capability to a mobile wallet with Samsung Wallet’s scale could serve as an accelerant for stablecoin adoption.
In particular, the company has buttressed its stake in stablecoin-based transaction processing with its $1.1-billion deal for the processor Bridge, which closed in February last year. The news comes as Stripe looks to consolidate its position in payments with moves such as its offer for PayPal.
Atif Siddiqi is founder and CEO of Branch, a workforce payments platform serving businesses, employees and independent contractors. Webster is also the author of the NEXT newsletter and a co-founder of Market Platform Dynamics, specializing in driving and monetizing innovation across industries.