{"id":13480,"date":"2026-03-13T16:36:12","date_gmt":"2026-03-13T08:36:12","guid":{"rendered":"https:\/\/klhappenings.com\/?p=13480"},"modified":"2026-03-13T16:36:33","modified_gmt":"2026-03-13T08:36:33","slug":"mastercard-conducts-first-live-agentic-transaction-in-malaysia-with-cimb-and-rhb-pilot","status":"publish","type":"post","link":"https:\/\/klhappenings.com\/?p=13480","title":{"rendered":"Mastercard Conducts First Live Agentic Transaction in Malaysia with CIMB and RHB Pilot"},"content":{"rendered":"\n<p><em>Powered by Mastercard Agent Pay, an AI agent completed a live ride-booking transaction with mobility provider hoppa<\/em><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"429\" height=\"286\" src=\"https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/03\/Picture1-3.jpg\" alt=\"\" class=\"wp-image-13482\" srcset=\"https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/03\/Picture1-3.jpg 429w, https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/03\/Picture1-3-300x200.jpg 300w, https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/03\/Picture1-3-150x100.jpg 150w\" sizes=\"auto, (max-width: 429px) 100vw, 429px\" \/><\/figure>\n<\/div>\n\n\n<p><strong>MALAYSIA \u2013 March 04, 2026<\/strong> \u2013 Mastercard today announced the completion of a pilot that delivered its first authenticated agentic transactions in Malaysia, marking a major step forward for trusted AI\u2011powered commerce. The pilot was conducted with CIMB Group Holdings Berhad (\u201cCIMB\u201d) and RHB Banking Group (\u201cRHB\u201d) using Mastercard Agent Pay and was initiated by AI agents in a controlled pilot environment, ensuring security, transparency and full consumer control.<\/p>\n\n\n\n<p>The pilot demonstrated how AI can support consumers to complete everyday tasks \u2014 such as transportation \u2014 securely and seamlessly. In the inaugural test case, an AI agent booked a ride from Kuala Lumpur International Airport to KL Sentral through hoppa, a global mobility provider. The booking and agentic transaction was facilitated by CardInfoLink\u2019s AI agent, which connects to hoppa\u2019s taxi and airport limousine network.<\/p>\n\n\n\n<p>The transaction used tokenized credentials authenticated with Mastercard Payment Passkeys to ensure strong customer verification and data protection<\/p>\n\n\n\n<p>While the pilot confirmed the technical and operational feasibility of agentic transactions in Malaysia, <strong>commercial deployment will be rolled out in phases<\/strong>. Mastercard will work closely with issuing banks and partners to <strong>educate consumers on agentic commerce<\/strong>, helping them engage with AI-driven payments safely and confidently.<\/p>\n\n\n\n<p><strong>Powered by Mastercard Agent Pay<\/strong><\/p>\n\n\n\n<p>Mastercard Agent Pay provides the safeguards needed for secure AI\u2011initiated transactions. Each transaction uses Mastercard Agentic Token, uniquely issued to each agent for enhanced security. Consumer consent is explicitly captured, and purchase confirmation is secured via Mastercard Payment Passkeys.<\/p>\n\n\n\n<p>Mastercard will continue to work with partners to expand the use cases for secure, authenticated agentic transactions across further industry segments including travel, entertainment, and retail.<\/p>\n\n\n\n<p><strong>Building the Future of Agentic Commerce<\/strong><\/p>\n\n\n\n<p>Looking ahead, Mastercard is accelerating the growth of agentic commerce across the region through additional efforts:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Establishing a regional <strong>AI Centre of Excellence <\/strong>to drive innovation and strengthen governance for AI-led transactions.<\/li>\n\n\n\n<li>Building deeper <strong>partnerships with leading large language model providers and AI agents <\/strong>across the region<\/li>\n\n\n\n<li>Deploying dedicated <strong>agentic commerce teams<\/strong> across the region to support financial institutions and merchants as they transition\u00a0<\/li>\n<\/ul>\n\n\n\n<p>This milestone builds on Mastercard\u2019s growing leadership in agentic commerce across Asia Pacific, following earlier authenticated agentic transactions completed in <a href=\"https:\/\/www.mastercard.com\/news\/ap\/en\/newsroom\/press-releases\/en\/2026\/mastercard-accelerates-ai-powered-commerce-with-australia-s-first-authenticated-agentic-transactions-using-agent-pay\/\">Australia<\/a>, <a href=\"https:\/\/www.mastercard.com\/news\/ap\/en\/newsroom\/press-releases\/en\/2026\/mastercard-completes-new-zealand-s-first-authenticated-agentic-transactions-with-westpac-bringing-trust-transparency-and-security-to-ai-powered-commerce\/\">New Zealand<\/a> and <a href=\"https:\/\/www.mastercard.com\/news\/ap\/en-in\/newsroom\/press-releases\/en-in\/2026\/february\/mastercard-demonstrates-readiness-for-a-new-era-of-ai-powered-payments-in-india-with-its-first-authenticated-agentic-commerce-transaction\/\">India<\/a>. Together, these deployments demonstrate the accelerating adoption of secure, AI\u2011initiated payments across the region \u2014 and Mastercard\u2019s continued progress in establishing trusted, scalable foundations for agent\u2011powered commerce.<\/p>\n\n\n\n<p><strong>Beena Pothen, Country Manager, Malaysia, Mastercard,<\/strong> said: \u201c<em>Mastercard\u2019s first live agentic transaction in Malaysia demonstrates how AI can engage in commerce responsibly. With Agent Pay, we\u2019re embedding trust, authentication and transparency directly into AI<\/em><em>\u2011<\/em><em>driven payments. In collaboration with CIMB and RHB, we\u2019re meeting the highest standards of tokenization, enhancing security and consumer protection<\/em>\u201d.<\/p>\n\n\n\n<p><strong>Gurdip Singh Sidhu, CEO of CIMB Bank Berhad and CIMB Malaysia said: <\/strong>\u201cThis milestone underscores how AI can simplify everyday interactions without compromising customer control. It reflects our vision of banking that is intuitive and seamlessly woven into life. Our collaboration with Mastercard enables us to deliver secure and responsible AI\u2011powered experiences to our customers.\u201d<\/p>\n\n\n\n<p><strong>Jeffrey Ng Eow Oo, Managing Director, Group Community Banking, RHB Banking Group <\/strong>said: <em>\u201cAI is opening the door to entirely new ways of interacting and transacting, but trust must be the foundation. This milestone highlights how thoughtful design and strong industry collaboration can make emerging technologies safe and meaningful for consumers. Together with Mastercard, we\u2019re shaping the next chapter of secure, intelligent commerce to continue enhancing the digital journeys of our customers.<\/em>\u201d<\/p>\n\n\n\n<p><strong>James Zhao, CEO, Singapore, CardInfoLink<\/strong>, said: \u201c<em>AI is reshaping consumer behavior and business models at unprecedented speed. Success depends on building a safe, smart and scalable foundation across both AI agents and the payments stack.<\/em>\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Powered by Mastercard Agent Pay, an AI agent completed a live ride-booking transaction with mobility provider hoppa MALAYSIA \u2013 March 04, 2026 \u2013 Mastercard today announced the completion of a pilot that delivered its first authenticated agentic transactions in Malaysia, marking a major step forward for trusted AI\u2011powered commerce. The pilot was conducted with CIMB [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13481,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1288],"tags":[3388,4170,4169,4171],"class_list":["post-13480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gadget","tag-cimb","tag-first-live-agentic-transaction-in-malaysia","tag-mastercard","tag-rhb-pilot"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/klhappenings.com\/wp-content\/uploads\/2026\/03\/Picture1-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/posts\/13480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/klhappenings.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13480"}],"version-history":[{"count":1,"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/posts\/13480\/revisions"}],"predecessor-version":[{"id":13483,"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/posts\/13480\/revisions\/13483"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/klhappenings.com\/index.php?rest_route=\/wp\/v2\/media\/13481"}],"wp:attachment":[{"href":"https:\/\/klhappenings.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/klhappenings.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/klhappenings.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}