Ramp, a US-based financial operations platform serving over 50,000 customers, has broadened its partnership with Visa. This includes a renewed multi-year issuing agreement and an enhanced technological integration covering Visa’s Intelligent Commerce and the Trusted Agent Protocol.
This expanded cooperation introduces AI agents aimed at automating corporate bill payments, streamlining manual processes, managing spending, and generating cost savings for large organizations. Visa plans to utilize Ramp for specific corporate service applications as part of this agreement.
Automated Payments and Corporate Spending Control
The integration of Visa’s Intelligent Commerce and Trusted Agent Protocol with Ramp’s platform is intended to enable AI agents to manage and execute secure corporate payments, incorporating real-time controls directly into the transaction rather than applying them retrospectively. This partnership targets enterprise scenarios where manual payment workflows can introduce delays, friction, and control gaps across global operations.
By merging Visa’s extensive global payment network with Ramp’s financial operations platform—which includes tools for expense management, corporate cards, accounts payable, and spending controls—this collaboration aims to simplify how large organizations access, manage, and utilize funds in various markets. Embedding agentic payment capabilities within these operational layers seeks to reduce the complexity associated with team spending across different regions.
This move comes as AI-driven payments are gaining increased investment from major card networks, including Visa’s Trusted Agent Protocol. This initiative is part of a broader industry effort to establish governance and identity standards for AI-initiated transactions, alongside similar initiatives by Mastercard and other emerging open standards like the Machine Payments Protocol.
Commenting on the news, Colin Kennedy, Chief Business Officer at Ramp, stated that the most effective financial systems build controls directly into each transaction rather than adding them post facto. Chris Newkirk, President of Commercial and Money Movement Solutions at Visa, noted that Ramp’s approach to automation and real-time controls aligns with Visa’s commitment to making commerce simpler and more secure.
