Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Legal risks and compliance for AI-driven autonomous payments platform: authentication, liability, cross-border rules, PCI DSS requirements -DSS</h1> A payments provider announced a platform enabling AI agents to autonomously initiate, orchestrate and execute payments via a standardized protocol that interfaces with merchant systems and third-party agents. The offering emphasizes secure, auditable transaction flows, real-time settlement between agents, and PCI DSS compliance, which may mitigate but does not eliminate regulatory, data-privacy, fraud-prevention and liability risks. Key legal considerations include authentication and authorization frameworks for agent actions, allocation of liability between merchants, agent developers and the payments operator, compliance with payment-system and consumer-protection laws, cross-border transaction rules and recordkeeping/auditability to support dispute resolution and regulatory oversight.