U.S. Bancorp listed agentic commerce as one of five key initiatives for embedded payments.
“©2025 U.S. Bancorp 20 Embedded payments (formerly tech-led) Embedded payments integrate payment capabilities into owned and partnered software; Grows at ~4x core acquiring 2019 3Q 2025 YTD 20% 34% Percent of total Payments revenue 2-3% per year shift in mix 1. Modern omni-channel payment gateway (Elavon Payment Gateway, or EPG) 2. Expanded suite of next generation APIs 3. Software led solutions 4. Embedded client solutions for our clients (Business Essentials) 5. Agentic commerce 5 Key InitiativesEmbedded Payments Revenue 1 Card Issuing Merchant Processing”