Wednesday, November 6, 2024

Marqeta's competitors

 

Marqeta, a digital payment technology company that offers a card issuing platform, has many competitors, including:
  • Shopify Pay: Has a 60.30% market share in payments processing 
  • Klarna: Has a 6.67% market share in payments processing 
  • CardinalCommerce: Has a 5.00% market share in payments processing 
  • Stripe: A payment gateway and PayFac business that expanded into card issuing processing in 2020 
  • Adyen: A global payment platform that offers card issuing services and supports a variety of payment methods and currencies 
  • Galileo: A company that copied Marqeta's approach to catering to developers 
  • PayPal: A competitor with a greater scale and distribution network than Marqeta 
When choosing a Marqeta competitor, you can consider things like:
  • User rating: What clients think of the service
  • Affordability: Whether the service is cost-effective
  • Functionality: What the platform offers and how it meets your needs
  • API or SDK: Whether the service has an open API or SDK to simplify integration
  • Pricing: Whether the service offers the best value for your money, including hidden fees 

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