Visa invests in Replit to support agent payments to developers

Visa announced an undisclosed investment in AI-based programming platform Replit. The two companies are also exploring how to integrate Visa’s payment products into Replit, so that developers — and the AI ​​agents they create — can accept payments directly from customers without leaving the platform.

Visa added that more than 1,000 of its employees use Replit for prototyping and development. As part of the partnership, the two companies are exploring how developers on Replit can use Visa’s suite of AI-powered payments, called Visa Intelligent Commerce, as well as Visa’s Trusted Agent Protocol — a system that allows AI agents to securely identify themselves by sharing information such as their intent and relevant customer details, so that payments made by agents can be verified and trusted. All of these projects are in the exploratory stage, and the companies have not officially announced any joint products.

The investment reflects a broader race to create infrastructure for so-called agent payments — a world in which artificial intelligence agents buy and sell things on users’ behalf. Besides Replit and Visa, other technology companies are also moving quickly in this space. Retail investing platform Robinhood now wants people to do just that Use agents to tradewhile Google wants users to post Shopping agents.

“Over the past few months, we have seen enterprise growth, and joining Visa underscores our mission of making programming accessible to anyone in a secure and powerful way,” Amjad Massad, CEO and founder of Replit, said in a statement.

Replit is also launching self-service enterprise access, allowing companies to sign contracts worth up to $200,000 without speaking to a sales representative. The tier provides enterprise-level compliance and controls, including single sign-on (SSO)—a system that allows employees to access multiple tools using a single set of credentials—audit logs and advanced permissions.

“The continued additions of our customers and enterprise partners, along with our new self-service software, brings us closer to a world where any team can go from idea to production-ready software quickly and safely,” Massad added.

As demand for so-called biocoding platforms grows, valuations of startups like Replit, Cursor, and Lovable have risen rapidly, along with investor interest. In September last year, Replit was a huge success 3 billion dollars Evaluation mark. Six months later, in March, the company raised $400 million in a Series D led by Georgian Partners in A 9 billion dollars Valuation – Tripled its valuation in less than six months.

In May at TechCrunch StrictlyVC event in San FranciscoMassad said Replit’s churn rate is very low, and customers stick around.

“The slowdown rate is very low, and the net retention is incredibly high – 300% in some cases. What we actually hear from customers is that when engineers get stressed out and try to rebuild an application in their own stack, they often make it worse. Once organizations get comfortable with the full Replit stack – especially when we set up a single-tenant environment for them – they keep the applications on Replit,”