#CreditCards / Marqeta Partners With JPMorgan Chase on Virtual Credit Cards

Marqeta will be providing JPMorgan Chase its virtual card technology that will allow new Chase commercial card customers to use their card immediately instead of waiting to receive a physical card in the mail… customers will be able to use their virtual credit card in wallets such as Apple Pay and Samsung Pay;

Marqeta provides similar technology to DoorDash and Instacart which issue virtual cards to delivery workers and they also power the virtual debit card for Square Cash;

[JPMorgan:] “This is another way of getting virtual company cards into the hands of those who need them very quickly. We know there’s a need for this product…”