Marqeta

What is Marqeta?

Marqeta is an enterprise card issuing and payment processing platform with program management support. It has been listed on Nasdaq under MQ since 2021, and the vendor says it processed over $400 billion in the last four quarters as of June 30, 2026.

Key features of Marqeta

• Issuing and processing core: debit, prepaid, credit and flexible credentials.
• Virtual cards and JIT funding: create cards instantly and fund them at authorization.
• Real-time decisioning: approve or decline transactions with rules.
• Risk and fraud tools: controls for fraud management.
• UX Toolkit: web, mobile and card experiences.
• Program management: bank partnerships, network approvals, BIN sponsorship, KYC and AML, disputes, chargebacks and card fulfillment.
• MCP server: for AI integrations.

How Marqeta works

Companies call Marqeta's APIs to issue cards and receive real-time authorization webhooks. Marqeta handles processing, network connections and program compliance with its bank partners. A developer sandbox and API reference are available.

Who uses Marqeta?

Marqeta serves fintechs and enterprises in expense management, commercial banking, supplier payments, commercial credit, digital banking and consumer credit. Ramp and DoorDash are featured customers, and the vendor reports 99.99 percent platform uptime in 2025.

Marqeta pricing

Marqeta does not publish pricing; contact sales.

Marqeta integrations

The vendor offers developer guides, an API reference, a developer sandbox and an MCP server. No third party integrations are named on its homepage.

Marqeta alternatives

Stripe offers card issuing as part of a broader payments platform. Lithic and Highnote are developer focused card issuing platforms. Unit and Column provide banking as a service. Marqeta differs by focusing on large scale issuing and processing with program management.