OpenAI Partners with Etsy, Shopify on ChatGPT Payment Checkout
OpenAI's Instant Checkout enables seamless single-item purchases from U.S. merchants like Etsy with no user fees; over 700 million weekly ChatGPT users gain streamlined shopping.
- On Monday, OpenAI announced the Instant Checkout feature, allowing U.S. ChatGPT Free, Plus and Pro users to buy items directly within the chatbot interface.
- OpenAI said the launch aims to monetize ChatGPT's 700 million weekly users by charging transaction fees on completed purchases to fund AI and shift discovery from traditional search advertising.
- The system runs on the Agentic Commerce Protocol built with Stripe, processing transactions through merchants' systems and supporting single-item purchases via an in-chat 'Buy' button.
- The rollout could boost conversion by cutting cart abandonment as Etsy shares jumped 15% and Shopify stock rose 6%, giving sellers access to ChatGPT’s audience of over 700 million users.
- OpenAI plans to expand Instant Checkout to more merchants and regions, adding over one million Shopify merchants soon and supporting multi-item carts and international expansion next year.
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"Product results are organic and not sponsored, and are classified only by user relevance," says OpenAI.
OpenAI's ChatGPT now lets users buy from Etsy, Shopify in push for chatbot shopping
NEW YORK (AP) — OpenAI is turning ChatGPT into a virtual merchant that can help sell goods for Etsy and Shopify as the artificial intelligence company looks for new revenue in online commerce. ChatGPT users can now buy directly from Etsy sellers while interacting with the chatbot and will soon be able to do the […]
OpenAI Goes Shopping. These 2 E-Commerce Stocks Are Soaring
Key Points OpenAI’s new Instant Checkout feature embeds frictionless purchases in ChatGPT chats, potentially boosting revenue at its partner sites. It ranks products by relevance to boost user trust and drive impulse buys without price hikes. OpenAI gains transaction fees, funding AI advancements while redefining e-commerce as conversational. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial adviso…
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