Payment Solutions

Digital banking

Earn customer loyalty by embedding tailored banking experiences anywhere.

Build a modern digital banking solution quickly and easily

Digital banking has changed how we all view money management. For the new breed of challenger banks, and for those existing banks looking to get ahead, digital banking is seen as a key strategy in the race to increase customer engagement and extend lifetime value.

Digital banking caters to a new market of consumers focused on convenience, transparency, lower fees, and a feature-rich digital experience.

To stay at the centre of the financial lives of your customers, Marqeta allows you to launch new and innovative products and enhancements at speed. These can be managed in real time, enabling you to offer unique services that add value and are disruptive to traditional banking experiences.

Marqeta helps you build a digital banking solution – now

By using customisable physical, virtual, and tokenised cards linked to a primary account, you can create a unique customer experience, with the customisation and differentiation that will help you stand out from the crowd.

Real world: digital banking

Build a modern digital banking solution quickly and easily

Digital banking app

Customer opens an account

The customer completes an online application process and is quickly approved.

Marqeta platform

Tokenised card issued

Marqeta issues a tokenised card (Google Pay/Apple Pay) enabling the cardholder to start spending immediately.

Retailer

Card presented

The store processes the virtual card just as they would any other Visa or Mastercard.

Prefunds the account

The customer prefunds the account if necessary.

Spend evaluated

Managed or gateway spend controls can be customised for the exact merchant and the start/end date of the instalment loan to minimise fraud.

Auth requested

Marqeta’s platform is contacted by the appropriate network for authorisation.

Notification received

Marqeta webhooks allow real time notifications upon transaction completion.

Funds released

Just-in-Time (JIT) Funding releases funds to the card on approval and in real time to complete the transaction.

Transaction complete

Authorisation is successful and the payment is confirmed.