Crypto Card Payment Solutions for Seamless Spending | Marqeta
2024.12.12 20:59Platform Solutions Developers Resources Company Platform Platform overview UX Toolkit Marqeta Dashboard Issuing Card issuing Credit cards Debit cards Prepaid cards Virtual cards Digital wallets & tokenization Processing Processing overview Just-in-Time (JIT) Funding ™ Dynamic spend controls Digital Banking Marqeta for Banking overview Money Movement Accounts Risk RiskControl overview Real-Time Decisioning 3D Secure Overview Solutions overview What is modern card issuing? Credit cards Embedded Finance Expert services Program management Partnerships By Industry Digital banking Incentives and rewards Online travel SMB lending On-demand services Crypto cards Expense management Media and ad agencies Buy Now, Pay Later Insurance Online marketplaces Financial Institutions Overview Developer overview Developer community Marqeta status API documentation Guides Discover key concepts of the Marqeta platform with hands on tutorials Core API Issue cards, fund accounts, manage payments, and more DiVA API (reporting & analytics) View filterable, curated production data and personalized insights API Explorer Explore our endpoints, make API requests, and quickly prototype your product Release notes Learn about our products' new features, improvements, and documentation changes Overview Resource center Content Research & reports Guides Customer case studies Videos Helpful links Blog Overview About us Learn more Why Marqeta Newsroom Social impact Investor relations Leadership Careers & culture Tech at Marqeta Diversity, Equity & Inclusion Contact us Sign in Contact us Payment solutions
Crypto cards
We enable you to bring your crypto payment solutions to the mainstream with customized debit and credit cards.
Get startedModern card issuing enables consumers to monetize their crypto without having to change their daily spending habits
Earn crypto
Provide crypto rewards on debit and credit card purchases leveraging real-time transaction data.
Spend crypto
Enable users to monetize their crypto balance by spending the fiat equivalent at the time the card is swiped.
Leverage crypto
Dynamically adjust fiat credit card limit based on user’s crypto balance, powered by Deserve.
Traditional payment rails make it difficult to put cryptocurrency to use
Standard rewards structures
Traditional debit and credit cards only allow for standard points or cash-back earnings.
High-friction user experience
Today, customers using traditional debit and credit cards must sell their cryptocurrency in exchange for fiat and transfer funds to their bank accounts.
Time-consuming
Transferring funds to an external bank account can take days, which delays a user’s ability to spend crypto earnings.
Tools to create crypto rewards programs
Real-time transaction data and webhooks can power customizable crypto rewards programs.
Seamless spending
Users can spend as they normally would via a linked card, removing the need for transfers.
Funds released in real time
Balances in a cryptowallet are checked in real time and fiat-based transactions are initiated when the card is swiped.
Access to additional money movement
Additional banking services such as direct deposit and ATM capability can be added to the card to bring crypto further into mainstream financial services.
Case study
With the Coinbase Card powered by Marqeta, customers can choose which cryptocurrency from their Coinbase wallet they would like to use at the time of purchase.
With Marqeta’s technology, Coinbase has innovated to help users monetize their cryptocurrency holdings with:
Just-in-Time (JIT) Funding™
Enabling Coinbase to authorize fiat-based transactions after checking a user’s crypto balance in real time.
Learn moreWebhooks and transaction data
Notifying cardholders in real time when they earn a crypto reward.
Learn moreModern card issuing
Offering physical and virtual cards for Coinbase cardholders.
Learn more“ Coinbase set out to make spending from a cryptocurrency wallet as seamless as sending an email. With Marqeta’s flexible APIs, we’ve been able to create a customizable debit card that simplifies how cryptocurrency holders can make purchases. Its Gateway JIT Funding feature allows us to easily oversee transaction approvals and fund cryptocurrency wallet transactions at the prevailing dollar price in real time, ensuring our customers always have fast access to their money.”
Muneeb Imtiaz
Product Manager, Coinbase
Read case studyHow Marqeta enables users to monetize their crypto balances
Crypto appCustomer opens an account
The customer completes an online application process and begins to invest in crypto and other digital currencies.
Marqeta platformCard issued
Marqeta issues a card enabling the cardholder to start using holdings in their cryptocurrency wallet immediately.
RetailerCard presented
The store processes the card just as they would any other Visa or Mastercard.
Crypto appTransaction approved
Crypto app approves transaction based on the customer’s crypto balance. Crypto app debits customer’s cryptocurrency wallet balance.
Marqeta platformGateway JIT call sent
Marqeta sends gateway Just-in-Time (JIT) Funding call for crypto app to authorize transaction.
RetailerAuth requested
Marqeta’s platform is contacted by the appropriate network for authorization.
Crypto appNotification received
Marqeta webhooks allow real-time notifications sent to customer upon transaction completion.
Marqeta platformFunds released
Just-in-Time (JIT) Funding releases fiat funds to the card on approval and in real-time to complete the transaction.
RetailerTransaction completed
Authorization is successful and the payment is confirmed.
Crypto appCustomer opens an account
The customer completes an online application process and begins to invest in crypto and other digital currencies.
Marqeta platformCard issued
Marqeta issues a card enabling the cardholder to start using holdings in their cryptocurrency wallet immediately.
RetailerCard presented
The store processes the card just as they would any other Visa or Mastercard.
Crypto appTransaction approved
Crypto app approves transaction based on the customer’s crypto balance. Crypto app debits customer’s cryptocurrency wallet balance.
Marqeta platformGateway JIT call sent
Marqeta sends gateway Just-in-Time (JIT) Funding call for crypto app to authorize transaction.
RetailerAuth requested
Marqeta’s platform is contacted by the appropriate network for authorization.
Crypto appNotification received
Marqeta webhooks allow real-time notifications sent to customer upon transaction completion.
Marqeta platformFunds released
Just-in-Time (JIT) Funding releases fiat funds to the card on approval and in real-time to complete the transaction.
RetailerTransaction completed
Authorization is successful and the payment is confirmed.
“ Fold was looking to bring a unique feature set to market: a card that could deliver gamified bitcoin rewards while incentivizing responsible spending and saving habits. We are proud to have a payments partner like Marqeta to help us navigate this. ”
Will Reeves ,
CEO and Co-Founder, Fold
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