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one To WaTch
The organization that’s new to prepaid/emerging payments and offering the program, technology, product or service with the potential to move prepaid/emerging payments forward.
volume 8 • spring 2015
who they are: Issuer, processor and program manager for payments. Platform initially launched in 2012 with a consumer prepaid card that enabled cardholders to dedicate funds for use at specific merchants in ex- change for reward dollars. Recognizing the value of its platform, Marqeta shifted focus to core issuer processing with advanced controls and end-to-end program management for companies that need a turnkey solution that includes core processing, card fulfillment, customer service, KYC, risk management, fraud modeling and marketing support.
where you get it: Accessible through an open development environment, Marqeta supports card issuing programs and transaction process- ing using existing payments rails. The Marqeta platform is available to “any entity that touches the payments stream” via open API. Clients include leaders in e-commerce, social media, financial services and retail.
why it works: Marqeta provides advanced technology and sophisticated tools built on a modern cloud-based architecture that enables clients to build next-generation products to
Marqeta Inc.
complement their core business. The platform can power specialty applications, including advanced restrictions, dynamic authorization and targeted spend for B2B and B2C uses.
why it matters: Marqeta offers a leading-edge platform to build, issue and deploy flexible virtual, physical and mobile payment products with vast control over what, where and how items are authorized at the POS.
differentiators: The cloud-based platform gives clients the option to build new custom card programs from the ground up or embed the technology into existing payment products.
what the judges said: With significant investor backing and an open processing platform that enables experimentation and rapid cycling of product development, Marqeta
has everyone talking.
Global Processing Services Wipit Inc.
Winners
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