On July 24, digital payments giant Visa and AI-native global financial infrastructure provider Lianlian Digital Technology Co., Ltd. jointly announced the successful completion of the first real B2B agent transaction executed by Lianlian's AI agent, LoopXPay.

Small business sellers often lack dedicated procurement teams and must invest significant time in finding suppliers, sourcing, and making payments. In this transaction, a small business seller used the LoopXPay AI agent to complete the entire process from supplier sourcing to procurement within a single workflow. The agent identified purchasing needs, recommended suitable suppliers, compared options, completed the ordering process, and securely handled payment—all while operating within pre-set spending controls and approval parameters.

This milestone demonstrates how AI-driven business scenarios can help small and medium-sized enterprises (SMEs) streamline procurement and payment activities that previously required substantial time and manual effort. By pre-setting spending parameters and approval controls, SMEs can delegate routine purchasing tasks to AI agents while retaining the transparency, control, and oversight mechanisms needed for trusted commerce.

As AI agents become more involved in procurement and payment activities, businesses need assurance that transactions are executed by verified participants, remain within approved parameters, and include proper oversight. The participants have integrated capabilities from Visa's Trusted Agent Protocol, which provides the identity, transparency, and control mechanisms required for such interactions.

As part of this partnership, LoopXPay has been registered in Visa's Agentic Directory, helping ecosystem participants identify verified AI agents. In supporting the implementation of Visa's Trusted Agent Protocol, this directory enhances transparency in agent-driven interactions and boosts confidence that participating agents meet Visa's requirements.

Visa Global Head of Commerce Solutions, Darren Parslow, commented: "AI-driven business experiences can help enterprises simplify procurement and payment processes while retaining the control and oversight they need. For SMEs, this means reducing the complexity of managing daily business activities and dedicating more time to growth. As businesses increasingly embed intelligence into procurement and payment experiences, trust will be key to driving adoption. Through our collaboration with Lianlian, we are helping to build the trusted foundation required for enterprises to participate in the next generation of commerce with greater confidence."

Building on this milestone, Visa and Lianlian are exploring how AI agents can support a broader range of business activities, including procurement, digital advertising optimization, and B2B platform payments.

Zhang Zhengyu, Founder, Chairman, and CEO of Lianlian Digital, stated: "AI is reshaping the entire business value chain. In the future, more commercial activities will be autonomously completed by AI agents, and payments will serve as a crucial infrastructure connecting agents to global commerce. Leveraging over a decade of experience in global cross-border payments, compliance risk management, and commercial payment networks, Lianlian is actively building an AI-native financial infrastructure that provides end-to-end capabilities—from identity verification and transaction authorization to intelligent payments and global fund settlement—for the Agent Economy. Through this partnership with Visa, we aim to combine Lianlian's AI-native capabilities with Visa's trusted global network and commercial payment expertise, helping enterprises achieve safer, smarter, and more efficient transactions in an increasingly agent-driven business environment."