AI Transforms Payment Processes and Introduces New Challenges

Financial technology companies are moving towards a new phase where AI agents can make purchasing decisions on behalf of users. This shift raises questions about how to prove that the customer initiated the transaction, necessitating the establishment of a new layer of trust in payment systems. Bassem Al-Jadi, co-founder of Maysar Financial, emphasizes the importance of infrastructure as a key differentiator in the competitive regional market. The company is developing a system for managing financial technology operations, including payment reception and distribution, enhancing efficiency and the ability to handle a large volume of transactions.