Block Selects Marqeta to Enable Square Credit Card on the American Express® Network
Marqeta announced that it is enabling Square’s business credit card for sellers on the American Express Network. Square is migrating its debit, prepaid, and credit programs to Marqeta to consolidate processing.
Why it matters — The agreement adds Square’s credit card program to Marqeta’s platform and is described as reducing operational complexity and helping Square bring credit features to market more quickly.