{"id":847917,"date":"2025-05-07T07:04:26","date_gmt":"2025-05-07T11:04:26","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/perpay-taps-marqeta-to-power-consumer-credit-card\/"},"modified":"2025-05-07T07:04:26","modified_gmt":"2025-05-07T11:04:26","slug":"perpay-taps-marqeta-to-power-consumer-credit-card","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/perpay-taps-marqeta-to-power-consumer-credit-card\/","title":{"rendered":"Perpay Taps Marqeta To Power Consumer Credit Card"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Perpay Taps Marqeta To Power Consumer Credit Card<\/b><\/p>\n<p class=\"bwalignc\"><i>By migrating the Perpay Credit Card to Marqeta\u2019s modern credit platform, Perpay intends to scale its offering with additional flexibility and control to meet the needs of its growing <\/i><i>customer base.<\/i><\/p>\n<p>OAKLAND, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMarqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world\u2019s innovators, today announced it has been selected by <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fperpay.com%2F&amp;esheet=54249443&amp;newsitemid=20250507495700&amp;lan=en-US&amp;anchor=Perpay&amp;index=1&amp;md5=a5aba2e81f1a4ae5b0dfd8009f9157e6\">Perpay<\/a> to power the Perpay Credit Card (issued by Celtic Bank), an unsecured credit card designed to help people build or improve their credit by automating payments directly from a paycheck. Perpay migrated to Marqeta\u2019s modern credit card platform to build a credit card experience that helps meet its goal of enabling customers to get the most out of every paycheck.\n<\/p>\n<p>\nThe Perpay Credit Card allows users to directly link their paychecks, ensuring their card balance is paid automatically and helping them stay on top of their financial commitments and build their credit. To expand its credit card offering, Perpay needed a card issuing platform with the speed and flexibility to reach more consumers and elevate the user experience. By deploying the Marqeta platform, Perpay can scale its credit card offering while maintaining full control over the user experience and access in-depth customer insights and modern credit capabilities to drive more meaningful interactions with customers. Perpay\u2019s migration to Marqeta\u2019s platform highlights the increasing demand for modern credit solutions that offer the scalability and flexibility to truly meet the needs of end users.\n<\/p>\n<p>\n\u201cPerpay is on a mission to help people access vital spending power and build credit, and we needed an issuing partner who could keep pace,\u201d said Chris DiMarco, CEO of Perpay. \u201cBy migrating our credit card offering to Marqeta, we\u2019re delivering a smoother, more personalized experience that scales with our growth and gives customers the flexibility they deserve.\u201d\n<\/p>\n<p>\nMarqeta\u2019s all-in-one credit platform allows Perpay to deliver a fully integrated digital-first cardholder experience that aligns with Perpay\u2019s brand. Perpay can unify and customize every touchpoint, from application to card issuance to everyday spending and account access, to foster deeper engagement and loyalty. Marqeta\u2019s platform allows Perpay to instantly issue virtual and tokenized cards for immediate use and access real-time cardholder data and spend controls that provide insights into how users are spending their money to help them stay on top of their finances. Additionally, Marqeta\u2019s flexible rewards engine allows Perpay to enhance its rewards offerings, accessing individual spend data and insights to offer personalized rewards that help users earn more to spend within Perpay\u2019s marketplace and keep customers engaged.\n<\/p>\n<p>\n\u201cThe Perpay Credit Card stands out as a noteworthy example of how Marqeta makes it possible to meticulously craft a credit card to meet consumer needs,\u201d said Todd Pollak, Chief Revenue Officer of Marqeta. \u201cBy tapping into the full potential of our credit platform, Perpay is able to customize its credit card experience and expand its offering to deliver greater value to its customers.\u201d\n<\/p>\n<p><b>About Marqeta (NASDAQ: MQ)<\/b><\/p>\n<p>\nMarqeta makes it possible for companies to build and embed financial services into their branded experience\u2014and unlock new ways to grow their business and delight users. The Marqeta platform puts businesses in control of building financial solutions, enabling them to turn real-time data into personalized, optimized solutions for everything from consumer loyalty to capital efficiency. With compliance and security built-in, Marqeta\u2019s platform has been proven at scale, processing nearly $300 billion in annual payments volume in 2024. Marqeta is certified to operate in more than 40 countries worldwide. Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.marqeta.com&amp;esheet=54249443&amp;newsitemid=20250507495700&amp;lan=en-US&amp;anchor=www.marqeta.com&amp;index=2&amp;md5=a95ab0aee4b1cc75c9e3310395998343\">www.marqeta.com<\/a> to learn more.\n<\/p>\n<p><b>About Perpay<\/b><\/p>\n<p>\nPerpay exists to make paychecks work harder for the people who earn them. As a mission driven company, Perpay helps working Americans with non-prime credit scores purchase what they need and build credit through automatic payments from their paycheck. Perpay&#8217;s products are designed with the customer in mind, and are meant to reduce financial stress and expand economic access.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains &#8220;forward-looking statements&#8221; within the meaning of the &#8220;safe harbor&#8221; provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements expressed or implied in this press release include, but are not limited to, quotations and statements relating to changing consumer preferences; increasing consumer adoption of certain digital payment methods, products, and solutions; which payment, banking, and financial services products and solutions may succeed; technological and market trends; Marqeta\u2019s business; Marqeta\u2019s products and services; and statements made by Marqeta\u2019s senior leadership. Actual results may differ materially from the expectations contained in these statements due to risks and uncertainties, including, but not limited to, the following: any factors creating issues with changes in domestic and international business, market, financial, political and legal conditions; and those risks and uncertainties included in the \u201cRisk Factors\u201d disclosed in Marqeta&#8217;s Annual Report on Form 10-K, as may be updated from time to time in Marqeta\u2019s periodic filings with the SEC, available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=54249443&amp;newsitemid=20250507495700&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=3&amp;md5=192022a8110d2b9dc3b07294f2cf91b6\"><i>www.sec.gov<\/i><\/a> and Marqeta\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Finvestors.marqeta.com&amp;esheet=54249443&amp;newsitemid=20250507495700&amp;lan=en-US&amp;anchor=http%3A%2F%2Finvestors.marqeta.com&amp;index=4&amp;md5=1d7c36d76d3f8fbdd05407053ad5cf1f\"><i>http:\/\/investors.marqeta.com<\/i><\/a>. The forward-looking statements in this press release are based on information available to Marqeta as of the date hereof. Marqeta disclaims any obligation to update any forward-looking statements, except as required by law<i>.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250507495700r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250507495700\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250507495700\/en\/<\/a><\/span><\/p>\n<p>\nJordan Fellows<br \/>\n<br \/>Senior Communications Manager<br \/>\n<br \/>515-991-1510<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@marqeta.com\">press@marqeta.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Banking Online Retail Internet Professional Services Fintech Payments Technology Digital Cash Management\/Digital Assets Small Business Retail Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250507495700\/en\/2046049\/3\/MARQETA_LOGO.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Perpay Taps Marqeta To Power Consumer Credit Card By migrating the Perpay Credit Card to Marqeta\u2019s modern credit platform, Perpay intends to scale its offering with additional flexibility and control to meet the needs of its growing customer base. OAKLAND, Calif.&#8211;(BUSINESS WIRE)&#8211; Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world\u2019s innovators, today announced it has been selected by Perpay to power the Perpay Credit Card (issued by Celtic Bank), an unsecured credit card designed to help people build or improve their credit by automating payments directly from a paycheck. Perpay migrated to Marqeta\u2019s modern credit card platform to build a credit card experience that helps meet its goal of enabling &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/perpay-taps-marqeta-to-power-consumer-credit-card\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Perpay Taps Marqeta To Power Consumer Credit Card&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-847917","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Perpay Taps Marqeta To Power Consumer Credit Card - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/perpay-taps-marqeta-to-power-consumer-credit-card\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Perpay Taps Marqeta To Power Consumer Credit Card - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Perpay Taps Marqeta To Power Consumer Credit Card By migrating the Perpay Credit Card to Marqeta\u2019s modern credit platform, Perpay intends to scale its offering with additional flexibility and control to meet the needs of its growing customer base. OAKLAND, Calif.&#8211;(BUSINESS WIRE)&#8211; Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world\u2019s innovators, today announced it has been selected by Perpay to power the Perpay Credit Card (issued by Celtic Bank), an unsecured credit card designed to help people build or improve their credit by automating payments directly from a paycheck. 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OAKLAND, Calif.&#8211;(BUSINESS WIRE)&#8211; Marqeta, Inc. (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world\u2019s innovators, today announced it has been selected by Perpay to power the Perpay Credit Card (issued by Celtic Bank), an unsecured credit card designed to help people build or improve their credit by automating payments directly from a paycheck. 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