Build unique card programs that enable innovation
Custom velocity and authorization controls enable flexibility for how, when, and where cards are used and approved.
Provide card variety
Issue both physical and virtual prepaid cards to provide the flexibility your card program and customers demand.
Fund cards in real time
Approve or decline each transaction based upon your business logic and spending controls. Cards hold a $0 balance until time of authorization.
What are prepaid cards?
A prepaid card resembles a debit or credit card, but holds a finite amount of funds and is not directly tied to a bank account or line of credit.
These cards typically can only be used for purchases under or equal to the card balance and are typically terminated upon reaching this initial balance.
Marqeta provides prepaid cards with dynamic spend controls and Just-in-Time Funding to optimize cash flow and mitigate payment fraud.
Real world examples
Incentives & rewards
Prepaid cards deliver the scale, flexibility, and customization needed for successful incentives and rewards programs. With Marqeta’s Just-in-Time Funding, card programs can maximize their working capital instead of tying up funds on traditional cards.
On-demand services
Onboard couriers quickly using instant issuance, and ensure they follow payment roles with dynamic spend and authorization controls. Marqeta powers on-demand service use cases from ride sharing to grocery delivery with our customizable prepaid cards.
Online travel
Virtual prepaid cards make for quick supplier payments that are funded only at the time of authorization. Marqeta also enables metadata to be added to each transaction, like a travel reference number, to make reconciliation a breeze.
Get started with prepaid cards
Create single and multi-use cards
Get more out of prepaid cards by allowing them to be used only once, or multiple times, depending on your use case.
Tokenize for digital wallets
Provision prepaid cards into digital wallets to increase their adoption and mitigate payment fraud.
Instantly issue cards
Prepaid cards can be issued instantly to speed up the time to value and get new users onboarded quickly.
Monitor card activity
Access real-time data to view transaction information, account activity, and optimize your program.
“A traditional prepaid card processor would decide whether payments will be authorized, but Just-in-Time Funding from Marqeta puts us in control and lets us decide whether to approve each transaction. Empowering us in this way gives us more control over fraud risk and allows us to achieve better cash management for real, bottom-line results.”