AIToday
Large Language ModelsTop Companies' AI MovesAI Business & IndustryTop Companies AIPublished: Oct 9, 2026, 06:31 JST

American Express tells businesses: two-thirds of U.S. consumers use AI to compare prices

American Express tells businesses: two-thirds of U.S. consumers use AI to compare prices

3 Key Points

  1. What happened

    American Express advised business clients in a new report that two-thirds of U.S. consumers use AI tools to compare prices, and 83% of 502 surveyed business leaders see agentic commerce as an opportunity while only 41% are experimenting with or integrating it.

  2. Why it matters

    The card company is convening an advisory council of merchants to help sellers prepare, as businesses brace for agentic commerce's impact and many lag in adoption.

WHO IT HITSMerchants and business leaders evaluating how to prepare their operations for AI-driven shopping will find the report directly relevant, while payment providers may face rising demand for support from clients.

Not sure about something? Ask the AI

Questions and answers are published on this page.

Summaries like this, in your inbox every morning.

Context & Analysis

American Express framed its new report as guidance for clients navigating agentic commerce, positioning the card company as an intermediary between consumers already using AI to shop and merchants still deciding how to respond. The survey results show a readiness gap: while most business leaders call agentic commerce an opportunity, and 86% say they will need support from payment providers and partners, only 41% are experimenting with or integrating the technology. Amex group president of global merchant and network services Anna Marrs called it potentially the most significant change in shopping and purchasing behavior since the start of e-commerce. The company is also preparing for shopping mishaps, having said earlier this year that it would protect consumers from accidental AI purchases subject to its terms and conditions.

FAQ
How many consumers would let an AI agent make purchases?
52% of respondents said they would let an AI agent buy household essentials, groceries or low-cost items.
Who conducted the survey?
Global advisory firm Teneo surveyed 2,005 adults in August, and the results were released Tuesday.
What is American Express doing besides the report?
It is convening an advisory council of merchants and has said it would protect consumers from accidental AI purchases.
Top Companies AIRead Original Article

AI news that matters for your work, delivered every morning.

Pick your industry and the AI tools you use, and get news related to your work every day.

Free · 30 seconds with Google · unsubscribe anytimeWhat is AIToday? →

Ask AI

Ask AI anything about this article. The AI reads this article, earlier AIToday articles, and Wikipedia, and cites its sources. Q&As are published on this page for other readers too.

Questions and answers are published on this page.

Related Articles

Next articleAI Innovators Forum 2026 locks full lineup; 3,000+ registered