Today at Money 20/20, our CEO Jason Gardner announced the launch of Marqeta for Banking, a portfolio of seven banking and money movement products that represents an expansion of Marqeta’s card issuing platform capabilities.
Marqeta for Banking is a full suite of accounts and money movement features that enable our customers to build complete banking propositions using more than 370 open APIs. The new set of banking products includes Demand Deposit Accounts (DDA), ACH with Plaid Integration, Direct Deposit and Early Pay, Fee-Free ATM, Cash Loads, Bill Pay and Instant Funding.
Marqeta for Banking’s accounts and money transfer products are currently in general availability or are available in beta in the US, with additional banking features opening in beta in late 2022 and early 2023.
Customers are already using at least one of the Marqeta for Banking products listed below, bundled with card issuing and processing services, illustrating the modular and flexible nature of this product expansion.
Want to find out more? We will be updating our documentation site with more Guides and API docs as we release more features. Subscribe to this thread to receive alerts for the latest documentation on Marqeta for Banking.
Hi all, this post has been updated to reflect the exciting details of the big announcement we alluded to. If you have any questions related to this announcement, please post them here. Our team will do all we can to answer them. We understand this is a big announcement, and we are dedicated to making sure you have all the resources available.