Marqeta & AffiniPay team to launch SMB credit card solution
By Delisha Fernandes
Marqeta, the global modern card issuing platform, has partnered with AffiniPay, an online payments and software solutions for professionals.
Marqeta will power the upcoming launch of MyCase Smart Spend, a spend management solution powered by a LawPay Visa SMB revolving credit card embedded directly within the MyCase platform that helps firms streamline their expenses and better manage their finances.
“Marqeta fully understands the complexity of building new card programs that are tailored to the specific needs of legal professionals,” said Bryan Thompson, Chief Technology Officer of AffiniPay. “We sought a partner that could help us deliver on our promise of giving our customers better insights into their finances and improving efficiency. We’re looking forward to working with Marqeta to bring this product to market and continuing to deliver innovative solutions in credit.”
AffiniPay selected Marqeta because of its trusted platform for building card programs at scale that are dynamic, flexible and tailored to customer needs. By partnering with Marqeta, MyCase Smart Spend users will have a comprehensive, easy to use platform that gives them access to real-time card issuing, transaction data, and spend controls for their credit card offering. This helps cardholders stay on top of business expenses and access capital more easily, all from a single dashboard.
Marqeta commercial credit customers can choose from a range of flexible funding models for their cardholders, such as Net 30 Charge Cards, Receivables Purchase, and Revolving Credit, to allow them to take control of their business’ financial health and access capital more easily.
With Marqeta’s expertise in payments and program management capabilities, Marqeta handles all the intricacies of establishing new card programs, including helping customers meet applicable regulatory and compliance requirements. With Marqeta’s platform, customers can easily spin up cards for new users, deliver personalized rewards, and free up more working capital to stay on top of business expenses.
“With our fully integrated embedded credit offering, we’re proud to enable forward-thinking companies like AffiniPay to deliver branded business credit cards that help them retain customers and drive loyalty,” said Todd Pollak, Chief Revenue Officer. “We offer highly flexible but finely tuned controls, giving customers greater control over their card program and ultimately have a more cohesive view of their finances. The end result is that law firms can reconcile receipts and expenses from disparate systems instead of relying on time-consuming paper-based processes.”
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