- This new offering is available for any card type, including cards not issued on the Marqeta platform
- It is used to instantly provision cards into a mobile wallet
- Marqeta’s TaaS designed to fill a gap with legacy processors and to provide customers with access to its card-issuing platform
- In July, Marqeta’s TaaS adopted by J.P.Morgan in an effort to eliminate plastic from some of its credit cards
- The global financial services company also joined with Marqeta to issue virtual cards
- Marqeta’s latest consumer payments survey revealed that 64 percent of consumers in the U.S. use a mobile wallet, up from 38 percent last year
Marqeta: Introduces Tokenization-as-a-Service For Card Issuers
