AI agents can now book the hotel and order the cleats, as long as they're allowed to pay. That's set off the "wallet wars," with major players racing to connect to agents: - Stripe's Link: 300M users - Shopify's Shop Pay: 250M users - PayPal: 400M+ users How your agent pays matters. If a wallet pays the store with its own stand-in card, the purchase goes through, but your card rewards, purchase protections, and relationship with the store can get lost along the way. Say your agent books a United flight on your airline credit card. If the wallet pays United with its own virtual card, the money moves, and your miles may never show up. Agents also have to pick the right card for each purchase, and when one books the wrong hotel dates, someone has to make it right. Where it's all headed: new open standards from Visa, Mastercard, and Amex. "The best of all worlds is a future where my agent can use my credit card, without having my credit card." Full piece from VGS's @terryangelos on the Wallet Wars: https://www.a16z.news/p/wallet-wars