Square Shifts Business Credit Cards to Marqeta Platform
Square moves business credit cards to Marqeta to speed up credit innovation for sellers.
In brief
Square moves business credit cards to Marqeta to speed up credit innovation for sellers. Square migrated its Square Credit Card to Marqeta's platform to accelerate credit product launches for small businesses. Originally reported by Pymnts.
Square Migrates Credit Cards to Marqeta
Square moved its business credit card program to Marqeta's platform to speed up credit innovation for sellers.
“Square sellers depend on both credit and debit to run their businesses, and consolidating those programs onto Marqeta's platform means we can move faster and safer on the products they need”
Marqeta Platform Supports Credit Features
Marqeta's platform delivers card issuance, transaction processing, underwriting, rewards management, risk controls, and disputes resolution.
Consolidation Enables Faster Product Launches
Migrating cardholders without disruption allows Square to launch new credit products for small businesses more quickly.
Longstanding Square-Marqeta Partnership
Square and Marqeta began their partnership in 2019 to introduce Square Card for small business owners.
The one thing
Square migrated its Square Credit Card to Marqeta's platform to accelerate credit product launches for small businesses.
