consumer intent

Consumer intent is the authorization or permission a consumer gives to an agent or system to perform a specific action, such as making a payment, within defined parameters.

Why it’s in the news: It is in the news as EMVCo develops a framework to define and standardize how consumer intent is captured and verified in agentic payments.

Latest on consumer intent

• EMVCo Framework Targets Consumer Intent in Agentic Payments
• The framework will include details on what consumers authorized agents to do and whether transactions fall within that authority.

Connections

2 entities linked to consumer intent across the news graph.