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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.

Lefkara Festival Returns For Its 44th Edition

The 44th Lefkara Festival gets underway on Friday, August 7, bringing more than two weeks of concerts, exhibitions, family activities and traditional celebrations to one of Cyprus’ best-known villages.

Running through August 22, the annual event will fill Lefkara’s cobbled streets with live performances, local crafts, street food and cultural experiences celebrating the village’s rich heritage.

Opening Weekend

The festival begins with an embroidery and silversmith exhibition, followed by its official opening concert, a tribute to the late Greek singer Marinella. Elena Giannakou, Liza Theofanous and Christodoula Tsangara will perform alongside a six-piece orchestra.

On Saturday, Thanos Petrelis and Eleftheria Eleftheriou will take the stage for a ticketed concert, with admission starting at €20.

Sunday’s programme honours the music of Manos Loizos, featuring choirs from Lefkara and Kornos together with the Pano Lefkara dance ensemble.

Family Activities And Live Entertainment

The programme continues with a children’s fun fair on August 10, offering theatre, music, dance, inflatables and face painting, followed by the comedy I Marikkou I Raftena on August 11.

A bridge tournament and a multimedia tribute to Lefkara’s silversmithing tradition are scheduled for August 12, while DJ Louis will host a “Back to the 80s, 90s and 00s” party the following evening. Live music continues on August 14 with performances by Giorgos Stamataris and Stavriana Koutra.

Street Food And Traditional Culture

One of the festival’s highlights returns on August 16 with the Lefkara Street Food Festival, accompanied by a live performance from Greek band Alcatrash. Visitors will also be able to enjoy traditional music and dance throughout the village.

The festival concludes on August 22 with performances by the ensemble Asikides and the Pano Lefkara dance group, bringing this year’s celebration of Lefkara’s music, craftsmanship and culture to a close.

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