Today we announced we’re working with Visa and Affirm to offer the Visa Flexible Credential, a single card product that can toggle between payment methods, putting the power of choice in the hands of the consumer. We achieved certification with Visa Flexible Credential in May 2024, which will enable cardholders of our participating customers to easily set parameters or choose whether they use debit, credit, “pay-in-four” with Buy Now, Pay Later or even pay using rewards points.
We’re the first issuer processor in the US certified for Visa Flexible Credential, enabling participating Marqeta customers to offer multiple types of payment options on a single card, creating a streamlined and frictionless payment experience regardless of what payment method they choose. This also helps our customers improve the consumer purchase experience and increase merchant acceptance.
“Marqeta is at the forefront of what’s possible in payments. We’re proud to be the first issuer processor in the US certified for Visa Flexible Credential,” said Simon Khalaf, CEO, Marqeta. “Combining the ubiquity and acceptance of Visa, with Affirm’s technology, underwriting and consumer experience with the simplicity and seamlessness of Marqeta’s platform is a win-win-win for consumers, merchants, and issuers. We look forward to continuing to work with our partners to enable new technologies that make payments simpler and more flexible for consumers, helping them get the most out of their payment cards.”
