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Synchrony Financial, the credit card issuer for brands including Amazon, Walmart and Lowe’s, is working with OpenAI to allow shoppers buy products directly inside ChatGPT using their store cards.
The deal is one of the first major moves by a U.S. consumer lender to bring financing, payments and rewards directly into an AI chatbot.
While agentic commerce has become a catchphrase for the next phase of online shopping, consumers who discover items in an AI agent are typically still routed to a brand’s website to execute the purchase. To change that, OpenAI has signed deals with payment processors including Visa and Stripe to move toward in-chat purchases.
“What happens today is the transaction doesn’t cleanly happen yet at the provider like OpenAI,” said Maran Nalluswami, Synchrony’s chief strategy officer, in an interview. “We want to ensure that if a transaction’s going to happen in that…
