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Visa Invests In Replit To Pioneer Agentic Payment Systems

Strategic Investment Fuels AI Innovation

Visa has made an undisclosed investment in Replit as the companies explore ways to integrate payment capabilities directly into AI-assisted software development workflows. The partnership reflects growing interest in enabling AI systems and developers to initiate and manage transactions without leaving development environments.

Enterprise Adoption And Advanced Integration

More than 1,000 Visa employees already use Replit for software development and prototyping, highlighting the platform’s growing adoption within large organizations. As part of the collaboration, the companies are evaluating how Replit users could access Visa Intelligent Commerce, an AI-powered payments platform, alongside Visa’s Trusted Agent Protocol, which is designed to verify AI agents and facilitate secure transactions. The initiative could enable AI systems to interact with payment infrastructure while providing additional safeguards around identity verification and transaction intent.

Pioneering The Future Of Agentic Payments

The investment aligns with a broader industry shift toward agentic commerce, where AI agents perform tasks and execute transactions on behalf of users. Technology and financial services companies are increasingly developing infrastructure that allows AI systems to complete purchases, process payments, and automate workflows with limited human intervention. Competition in the sector is intensifying as companies seek to establish standards for secure AI-driven commerce.

Enterprise Growth And Market Validation

Replit’s CEO, Amjad Masad, has underlined the platform’s robust enterprise traction and low churn rates, noting that customer retention often exceeds 300% net retention in some cases. Masad emphasized that enterprises rarely migrate from Replit once they experience the comprehensive benefits of its integrated stack and single-tenant environments, underscoring the platform’s long-term value.

Elevating Enterprise Access

In tandem with its growing market presence, Replit is launching a self-serve enterprise access program that empowers organizations to secure contracts up to $200,000 without an intermediary. This initiative offers top-tier compliance and controls, including single sign-on (SSO), audit logs, and advanced permissions, thereby reinforcing Replit’s commitment to secure, scalable, and efficient software development.

Cyprus Fuel Prices Jump 20.5% As Energy Costs Rise Across The EU

Cyprus recorded a 20.5% year-on-year increase in the prices of fuels and lubricants for personal transport in May 2026, according to Eurostat data released on Monday.

The increase was broadly in line with the European Union average of 20.7%, with fuel and lubricant prices rising across all EU member states during the period.

Cyprus Tracks The EU Average

Among EU countries, the largest annual increases were recorded in Bulgaria (33.9%), Luxembourg (32.2%), Lithuania (30.8%) and Romania (30.4%). At the other end of the scale, Hungary registered the smallest increase at 3.5%, while annual growth ranged from 12.7% in Poland to 29.2% in France across the remaining member states.

Eurostat noted that fuel and lubricant prices generally declined across the EU until February 2026 before moving higher in subsequent months.

Diesel And Petrol Follow Different Paths

Across the European Union, diesel prices increased by 29% in May 2026 compared with the same month a year earlier, while petrol prices rose by 16.2%. Monthly trends, however, were more mixed. Between April and May 2026, diesel prices across the EU fell by 5.8%, whereas petrol prices increased by 0.8%.

In Cyprus, diesel prices declined by 1.5% over the same period. Although lower than in April, the decrease was less pronounced than in Germany (-11.9%), Greece (-8.5%), Estonia (-8.4%) and Ireland (-8.1%).

Petrol prices moved in the opposite direction, rising by 2.1% between April and May. A similar pattern was observed across much of the EU, with 23 member states reporting monthly increases. Italy recorded the largest monthly rise in petrol prices at 6.9%, while decreases were reported in Germany (-5.6%), Ireland (-2.0%) and Sweden (-0.7%).

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