Here are the key points from the webinar transcript summarized in bullet points: - Why companies are moving to modern card issuing platforms: - Legacy solutions are limited in meeting today's needs, consumers and businesses are demanding new payment methods - Legacy platforms lack customization, APIs, and visibility - 80% of firms use checks/ACH but only 15% are happy with it - Best use cases for modern card issuing: - Building digital banking services (challenger banks, lenders) - Integrating payments into user experiences (embedded payments, lending, insurance) - Reducing payment fraud (controls like geo-tracking and just-in-time funding) - Accelerating reconciliations (embedding order/loan numbers into transactions) - Getting contextualized transaction data (for rewards programs, risk analysis) - It typically takes 3-6 months to launch a custom card program - Key challenges in starting a program include lack of technical resources, unclear integrations, and cost uncertainties - Case study: Klarna uses modern card issuing for smoother shopping experience and to pay merchants on behalf of consumers - Case study: Ramp launched in 70 days with Marqeta for flexible corporate expense cards - Marqeta can issue cards in 35+ countries currently with plans to expand further
Are you present in Kenya?
Hello, Could you please confirm if Marqeta is providing services in India ?
Here are the key points from the webinar transcript summarized in bullet points:
- Why companies are moving to modern card issuing platforms:
- Legacy solutions are limited in meeting today's needs, consumers and businesses are demanding new payment methods
- Legacy platforms lack customization, APIs, and visibility
- 80% of firms use checks/ACH but only 15% are happy with it
- Best use cases for modern card issuing:
- Building digital banking services (challenger banks, lenders)
- Integrating payments into user experiences (embedded payments, lending, insurance)
- Reducing payment fraud (controls like geo-tracking and just-in-time funding)
- Accelerating reconciliations (embedding order/loan numbers into transactions)
- Getting contextualized transaction data (for rewards programs, risk analysis)
- It typically takes 3-6 months to launch a custom card program
- Key challenges in starting a program include lack of technical resources, unclear integrations, and cost uncertainties
- Case study: Klarna uses modern card issuing for smoother shopping experience and to pay merchants on behalf of consumers
- Case study: Ramp launched in 70 days with Marqeta for flexible corporate expense cards
- Marqeta can issue cards in 35+ countries currently with plans to expand further
Cff
Please, can Marqeta services work for Nigeria?