Marqeta teams up with Western Union

Marqeta’s card issuing platform will allow Western Union’s entire remittance service to be offered online, with funds disbursed to a physical or virtual Visa card. This will enable Western Union to extend its relationship with its customers, creating a new banking experience by connecting cards to its new digital payment platform.

Marqeta’s open API card issuing platform will allow Western Union to manage the payment card issuing and processing workflow and give it real-time insights into its customers’ card activity.

By integrating with Marqeta, Western Union will be able to deliver a seamless payment experience to its digital banking customers that can be replicated and customised across international markets. This flexibility also enables Western Union to extend its features as needed, opening the door to the delivery of a wide range of digital banking services for its customers in the future.

Western Union has a diversified omni-channel offering, bridging the digital and physical worlds with a global retail agent network consisting of hundreds of thousands of locations, combined with a cross-border, person-to-person digital global network, reaching billions of bank accounts, as well as millions of digital wallets and cards.