The Marqeta-Payfare partnership will combine Payfare’s full-service digital banking apps and UI, relied upon by on-demand platforms to power instant payouts, with Marqeta’s card issuing and payment processing capabilities, offered through its open-API platform.
Marqeta’s card issuing platform is certified to operate in 36 countries with focused efforts to enter into new growth markets. This partnership lays the foundation for Payfare and Marqeta’s collaboration to bring Payfare’s instant payout and digital banking solutions to gig platforms and their workforces worldwide.
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