Introducing the Agentic Commerce Consortium: A Collaborative Initiative
Blog post from Basis Theory
Amid widespread enthusiasm but limited transaction volume for agentic commerce, the newly formed Agentic Commerce Consortium has released a whitepaper advocating for merchant-controlled participation in AI-driven purchasing rather than passive exposure to automated scraping. The initiative argues that consumer adoption of AI is increasing, particularly among younger users, but that practical commerce flows still largely require human involvement for authentication, verification, and intent confirmation, while the industry lacks a shared definition of agentic commerce. Its proposed roadmap emphasizes modernizing foundational internet and commerce infrastructure through APIs that allow merchants to control product discovery, catalogs, websites, carts, authorization, verification, and payments, while remaining compatible with emerging communication protocols such as Google’s Agent Payments Protocol and MCP. Supported by firms including Lithic, Skyfire, Rye, Crossmint, NewGen, Henry, Channel3, and Catalog, the consortium presents itself as a collaborative effort to address technical and commercial complexities across the ecosystem rather than as a single-company solution.
No tracked trend matches for this post yet.
Use this post, company, and trend context to find content marketing opportunities, perform competitive analysis, or address product feature gaps via the Plushcap MCP server or the Plushcap API.