"AI Handles Payments"... KB Kookmin Card Launches Agent Payment Demonstration

KB Kookmin Card announced on the 29th that it has signed a business agreement (MOU) with SY Polaris for a "Joint Demonstration of AI Agent-Based Payment Verification."

Ho-Jun Lee, Executive Vice President of the Digital Business Group at KB Kookmin Card (left), and Sangman Park, CEO of SY Polaris, are posing for a commemorative photo at the signing ceremony of the 'AI Agent-Based Payment Verification Joint Demonstration' memorandum of understanding (MOU). KB Kookmin Card

This agreement was established to jointly review the applicability and safety of AI agent-based payment integration technology and to explore opportunities for future collaboration.

The signing ceremony was attended by Hojun Lee, Executive Director of the Digital Business Group at KB Kookmin Card, Sangman Park, CEO of SY Polaris, and other representatives from both companies.

Through this agreement, the two companies will pursue a range of initiatives, including reviewing the applicability and safety of AI agent-based payment integration technology, implementing and jointly verifying payment integration scenarios in a test environment, reviewing the technical and operational requirements based on demonstration results, and exploring avenues for future cooperation.

The joint demonstration will utilize "K-AP," the AI agent-based payment integration standard proposed by SY Polaris. Based on this, both companies plan to design and verify the trial transaction flows among the AI agent, online mall, payment module, and card company systems, as well as confirm the requirements for authentication, transaction validation, and system integration in an actual card company environment.

A KB Kookmin Card official stated, "As AI technology advances, it is important to establish a safe and trustworthy payment system in the payment environment. Through this demonstration, we will verify the applicability and safety of AI agent-based payment technology and gradually build the capabilities needed for the future payment landscape."

KB Kookmin Card is conducting the joint demonstration with SY Polaris in the domestic payment sector, and is also expanding the scope to global standards verification for agent-driven payments overseas by participating in Visa's "Agentic Commerce Ready Program."

This content was produced with the assistance of AI translation services.