Marqeta Launches Online-to-Offline Payments and Commerce Platform

Marqeta has announced a new online-to-offline payments and commerce platform that enables merchants to leverage their own prepaid loyalty program without any new software or hardware at the point of sale.

“We based our technology on two key hypotheses – consumers will always be more loyal to their own money than to any given brand, while merchants will always be willing to reward shoppers who commit dollars before they walk in the door. After nearly nine months in the Bay Area and with more than 250 merchants signed on, we’ve proven these theories to be true and are focused on scaling our platform quickly and broadly.”