Card program models
Depending on your desired level of control and responsibility, Marqeta can work with you in one of the following ways:- Powered By: Marqeta assists with certain configuration elements, then enables you to use the platform independently.
- Managed By: Marqeta is the Program Manager and manages your program for you, providing a full-service experience and configuring most of the critical resources required by your production environment.
Card program requirements
The table below lists the primary tasks related to launching a production card program and clarifies who is responsible under each engagement model.| Requirement | Powered By | Managed By |
|---|---|---|
| Defining Bank Identification Number (BIN) configuration with the card network/scheme | You | Marqeta |
| Approving and managing the program with the card network/scheme | You | Marqeta |
| Approving and managing the program with the issuing bank | You | Marqeta |
| Ensuring program compliance with regional regulations | You | Marqeta |
| Ensuring program compliance with bank and card network mandates | You | Marqeta |
| Configuring the customer processing environment | You | Marqeta |
| Configuring funding methodology | You | Marqeta |
| Creating and configuring card products | You | Marqeta |
| Creating and managing users | You | You |
| Creating and managing cards | You | You |
| Creating and managing spend controls at the card product level | You | Marqeta |
| Creating and managing user controls | You | You |
| Providing API access (controls, user management, etc.) | Marqeta | Marqeta |
| Configuring webhooks | You | Marqeta |
| Processing card network/scheme events (authorization, clearing, etc.) | Marqeta | Marqeta |
| Fulfilling cards | You | Marqeta |
| Managing Know Your Customer (KYC) | You | Marqeta |
| Managing card inventory and fulfillment providers | You | Marqeta |
| Managing tokenization with the card network | You | Marqeta |
| Engaging with the digital wallet providers | You | Marqeta |
| Providing Tier II technical support | Marqeta | Marqeta |
| Sending daily card network reporting files to the issuing bank | You | Marqeta |
| Reconciling with the card network | You | Marqeta |
| Monitoring transactions (fraud, anti-money laundering, etc.) | You | Marqeta |
| Managing disputes | You | Marqeta |
Learn more
Depending on how you choose to integrate with Marqeta, you will participate in some or all of the following processes.- Sales process
- Due diligence
- Integration verification
- Security verification
- Business readiness