We announced today that we are part of the first cohort of companies to join Mastercard’s Network Enablement Partner (NEP) program in the Asia Pacific region. As a Network Enablement Partner, we’re able to offer customers throughout the APAC region live issuance on a faster timeline.
The NEP program provides us with access to Mastercard’s core infrastructure: its network, reach, solutions and information. With NEP, Marqeta is able to empower its Asia-Pacific customers to scale more quickly across multiple geographies, accelerate product innovation, and optimize performance and efficiency. We’re initially targeting fintechs and local disruptors across APAC that are looking to transform payments by creating digital-first, seamless customer experiences.
“As one of Mastercard’s first Network Enablement Partners to be onboarded in the Asia Pacific region, Marqeta is well-equipped to deliver card issuances in record time, and to help their fintech customers scale at speed across multiple geographies. By connecting directly with Mastercard through the NEP program, Marqeta enjoys privileged access to priceless information, training and resources that ultimately benefit their customers in the form of optimized performance and operational efficiency,” said Ben Gilbey, Senior Vice President, Digital Consumer Solutions, Asia Pacific, Mastercard.
We’re excited to further deepen our relationship with Mastercard and our presence in APAC. Learn more about our global platform here.