I’m Ahmed Siddiqui, Chief Payments Officer at workforce payments platform Branch and author of The Anatomy of the Swipe. I’m excited to join the next Marqeta Dev Ask Me Anything and dive into the magic of how money moves.
Join me on Wednesday, December 15th at 11 am PST as I answer your questions about my book, payments, and other fintech topics. Start submitting questions below any time before or during the AMA. Be sure to take a look at other community members’ questions and up-vote those that you find interesting.
💥BOOK GIVEAWAY @Ricardo and the Marqeta team will be sending out a free copy of my book - get your copy by doing one of the following before 12/10/21:
Looking forward to it!
Some things to keep in mind:
How would decreased interchange rates change payments-space business models in the future? Most recently, with Amazon fighting Visa, it's not unreasonable to potentially see one or two large participants force lowered interchange across the entire market. If this happens, are SaaS fees inevitable to make certain payments businesses feasible?
How can card payment processors /PaaS providers better meet the need for efficient cross-border card payments? And what are the key vulnerabilities in adjusting this payment channel that companies should consider to ensure the infrastructure remains safe and secure for the parties involved?
Thank you for this opportunity. I am curious to know what particular card company is better Mastercard or Visa? I am also wanting to know as to why many companies stray away from American Express for card transaction needs? With so much fraud today how secure is it swiping on the wireless devices and how is information protected to prevent data breaches and more? I am speaking in regards to when Target had a large data breach.
With starting a new e-commerce business what is the best way to protect my company as well as my customers from any and all fraud interactions ?
There are countries like China whose currency (RMB) is not open; in the sense one can not buy or sell SMB without permission of the China's government. For international trade, it is essential that we transfer money (asset) among different countries freely. What is your opinion on time frame for international money transfer freely.