token — The chunk of text a model reads and writes in — roughly three-quarters of a word — and the unit AI usage is billed in.
AI agent — An AI system that doesn't just answer once but works toward a goal in a loop — taking actions, reading the results, and deciding what to do next.
Why it matters
Merchants become AI agentAn AI system that doesn't just answer once but works toward a goal in a loop — taking actions, reading the results, and deciding what to do next.Full definition →-readable through a capabilities manifest and structured catalog, and spend limits sit with the payment provider rather than the agent or merchant.
videoAgent Spending Without Controls — Rodrigo Coelho & Pranav Maheshwari, Edge & Node
videoBeyond the Lethal Trifecta: Agentic Commerce on the Open Internet — David Levine, Kiduna Club
videox402 isn’t good (yet) — Jan Curn, Apify
videoThe End of the Static Screen: Architecting Intent-Driven UX — Gus Iwanaga, commercetools
