Paycast Partners With Marqeta and Mastercard for New Marketplace Payment Solution

Marqeta, a leading global online payment gateway, Mastercard (NYSE: MA), a leading provider of international payment gateways, and Paycast (SPG), an online retailer, today announced a partnership effort to promote the delivery of digital products a quick and easy way for merchants to pay and do business.

Pay cash, best known for large quantities and timely deliveries, allows merchants to keep money between buyers and sellers until purchase conditions are confirmed. The ability of retailers to quickly transfer these funds to the right card offers several options and innovative technology for fast and secure investments.

Marqeta supports Paycast with its full API, allowing digital developers like Paycast to create modern financial systems at a controlled and speed. The payment benefits from Marqeta’s virtual card, which allows Paycast customers to participate in the approval process and create rules that support competitive and secure practices offers its customers opportunities for loyalty and reward programs. Marqeta and Mastercard donated valuable money to SPG to promote the Paycast program.

Mastercard enables the use of credit cards in its global card market by providing industry expertise and integration into customer growth and marketing. Mastercard will continue to invest in its growing segment, Mastercard Developers, which is the choice of fintech manufacturers across Europe, impacting food, technology, and modeling responsibilities in partnership with fintech companies.

“We are excited to support the release of Paycast, which we believe will be an important new tool for the online marketplace,” said Ian Johnson, President, and CEO of Markets Europe. “Cashback is a great example of using the Marqeta platform and shows how our team can deliver solutions to a wide range of existing applications that can be copied across multiple global and online markets. We look forward to supporting the development of Pay cash.

“We are excited to support Paycast in the next phase of their journey and work with them from the early stages of the Mastercard Start Path. Based on our technology experience and the resources of our partners and dedicated programs, we are expanding our tools and expertise to work with Paycast at every stage Master of Business Development and Financial Technology, Mastercard, UK, and Ireland.

Further Information

Paycast Virtual Card

The Virtual Paycast Card will be a recyclable, reusable, prepaid Virtual Card, issued by TPL (Transact Payments Limited) and using the Mastercard network. Merchants (small businesses and SMBs) will be able to choose payment cards by 2022 for markets and customers operating in the UK.

About Mastercard (NYSE: MA):

Mastercard is a world-leading payment company. Our goal is to connect and strengthen the technology economy that benefits everyone, everywhere, by making business safer, easier, smarter, and more accessible. Using information and communication, collaboration, and passion, our creativity and solutions help individuals, organizations, finance, government, and businesses realize their greatest potential. Our Code of Conduct, or DQ, embodies our culture and everything we do inside and outside our company. With connections in more than 210 countries and territories, we are building a sustainable world open to all.

About Marqeta (NASDAQ: MQ):

Marqeta’s modern logo empowers its customers to create unique payment cards. Marqeta Platform, managed by open APIs, gives its customers the ability to build easy and user-friendly payment data, accelerate product development, and performance-democratic access to card transfer technology. Its state-of-the-art design provides instant access to great, cloud-based content that allows customers to publish and manage their card programs, issue cards, and authorization and secure operations. Marqeta is headquartered in Oakland, California, and is located in 36 countries worldwide. For more information, visit www.marqeta.com, Twitter, and LinkedIn.

About Paycast

Cash currencies are available to establish market and prices, with the ability to accept any price or payment, block trust money under trading conditions and pay any number of customers quickly. In addition to easing the burden of managing and managing payments for advertising and networking, Paycast strives to be a mobile marketing platform, providing information that attracts the public your customers and helps them survive without limits.

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