From Engadget · Lawrence Bonk · · 1m 20s
ChatGPT can now spend your money
OpenAI launches ChatGPT Wallet, letting AI agents make purchases with your banking details after you approve each transaction.
In brief
OpenAI launches ChatGPT Wallet, letting AI agents make purchases with your banking details after you approve each transaction. OpenAI released ChatGPT Wallet, allowing its Dots AI agents to make purchases on users' behalf with payment information stored securely and each transaction requiring approval. Originally…
OpenAI launches ChatGPT Wallet
OpenAI announced ChatGPT Wallet, a payment feature enabling its newly-released Dots AI agents to make purchases on behalf of users. Users input card information once and it is stored securely.
How the guardrails work
Bots gather items to purchase, but the human must finalize everything. Each purchase requires a security check like Face ID or fingerprint scan, similar to how Meta Muse operates.
Payment tokens protect card details
The store does not receive actual card information but rather a payment token, a substitute for the user's actual card details. An approval creates a clear record of the purchase for dispute mitigation.
“creates a clear record of the purchase”
Partnerships and rewards preserved
OpenAI partnered with American Express, Mastercard and Visa. The company promises cardholders maintain their current credit card rewards points and protections. OpenAI takes no cut of purchases yet.
Limited rollout, future expansion planned
ChatGPT Wallet rolls out now to US-based Pro subscribers aged eighteen and older. OpenAI promises to work with businesses, banks and payment networks to learn from early use and expand availability.
The key point
OpenAI released ChatGPT Wallet, allowing its Dots AI agents to make purchases on users' behalf with payment information stored securely and each transaction requiring approval.
