Alchemy unveils Visa-powered virtual payment card for AI agents
AgentCard lets autonomous AI agents issue one-time Visa cards for online purchases, with crypto support on the roadmap
Visa Inc. (V) price
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- Last close
- $402
- Close-to-close change
- −0.6%
- Market cap
- Unavailable: latest SEC share count is older than 200 days
- P/E (trailing)
- Unavailable: no trailing SEC earnings: the SEC EPS data ends before the latest filing 0001403161-26-000104
- Annual revenue
- $40.0B USD (FY ended 2025-09-30) 10-K
- Annual revenue growth
- +11.3% (FY ended 2025-09-30 vs FY ended 2024-09-30) 10-K
- Annual net income
- 20,058,000,000 USD (FY ended 2025-09-30, attributable to the company) 10-K
- Annual operating margin
- 60.0% (FY ended 2025-09-30)
- Forward P/E
- Unavailable: no dated forecast source
Gloria daily close for session Oct 27, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.
Visa Inc. and its peers
| Company | Price | Market cap | P/E (trailing) | Forward P/E | Annual revenue (USD) | Annual revenue growth | Annual net income (USD) | Operating margin |
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$402 | Unavailable | Unavailable | Unavailable | $40.0BFY ended 2025-09-30 · 10-K | +11.3%FY ended 2025-09-30 vs 2024-09-30 · 10-K | 20,058,000,000FY ended 2025-09-30, attributable to the company · 10-K | 60.0%FY ended 2025-09-30 |
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$100 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
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$235 | Unavailable | 17.3 | Unavailable | $74.2BFY ended 2026-08-31 · 10-K | +6.5%FY ended 2026-08-31 vs 2025-08-31 · 10-K | 8,367,056,000FY ended 2026-08-31, attributable to the company · 10-K | 15.4%FY ended 2026-08-31 |
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$66 | $134.4B | 14.4 | Unavailable | $52.0BFY ended 2025-12-31 · 10-K | +18.3%FY ended 2025-12-31 vs 2024-12-31 · 10-K | 10,053,000,000FY ended 2025-12-31, attributable to the company · 10-K | 10.7%FY ended 2025-12-31 |
Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.
Sources: SEC filings, Gloria daily closes and CoinGecko. Oldest record refresh: Oct 27, 2026, 8:36 PM EDT. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.
Your AI assistant can now swipe a credit card. Well, virtually.
Alchemy, the web3 development platform best known for powering blockchain infrastructure, has launched AgentCard, a virtual payment product that lets AI agents autonomously issue and use Visa cards for online transactions. The product defaults to Visa-issued token credentials but is designed to support crypto and agent-native payment protocols as they become available.
How AgentCard actually works
AgentCard enables AI agents to generate one-time or prepaid Visa virtual cards on the fly. Each card comes with enforceable hard spending limits and real-time transaction tracking, which means developers can set guardrails on how much an agent can spend.
Alchemy has identified several primary use cases: paying for API calls and AI inference, ordering food delivery through platforms like DoorDash and Uber Eats, executing marketing expenditures, and trading around the clock on prediction markets like Polymarket.
The product went public on March 13, 2026, though it remains in private beta with early access for select developers.
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The bigger picture: agentic commerce is having a moment
Visa launched its Intelligent Commerce framework in 2025, specifically aimed at enabling AI-tokenized credentials. Mastercard has developed its own Agent Pay initiative.
AgentCard currently runs on traditional Visa rails. Alchemy has been explicit that crypto asset support and agent-native payment protocols are coming.
Endorsements from the Solana and Base ecosystems, along with Polymarket, suggest that the crypto-native audience is the core constituency here.
Alchemy also launched AgentPay in April 2026, a companion product designed to enable cross-protocol interoperability among different AI payment systems.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

