Merqueta MQ Company

[familyman]

What does they do ? How are they diff from other banking companies ? Or master card visa 

[hyperbole]

They issue cards, payment tokens, card processing, payments processing and very important just in time credit.

They have variety of clients - card processing and payments tokens ki almost all payment wallets like apple pay, square cash app, affirm, google pay, plaid use MQ as the backend technology.

secodly just in time credit enti ante - ippudu nuvvu doordash emmanna order place chestavu,  nee order pick chesukune driver ki aa order amount real time la vani card ki credit chestaru to pag for the order. Doordash, uber, instacart, lyft ila chala customer unnaru

thirdly ippudu crypto wallets/cards like coinbase lanti customers tho pani chestunnaru to enable payments for regular goods and services via card if someone holds crypto in their wallets

so very promising company, they earn money through each transaction made through their network. Previously I worked for their competitor

[familyman]

Thanks bro for helping me . I bought a few stocks during dip . But don’t know exactly how they make money. 

[csrcsr]

34 minutes ago, hyperbole said:

They issue cards, payment tokens, card processing, payments processing and very important just in time credit.

They have variety of clients - card processing and payments tokens ki almost all payment wallets like apple pay, square cash app, affirm, google pay, plaid use MQ as the backend technology.

secodly just in time credit enti ante - ippudu nuvvu doordash emmanna order place chestavu,  nee order pick chesukune driver ki aa order amount real time la vani card ki credit chestaru to pag for the order. Doordash, uber, instacart, lyft ila chala customer unnaru

thirdly ippudu crypto wallets/cards like coinbase lanti customers tho pani chestunnaru to enable payments for regular goods and services via card if someone holds crypto in their wallets

so very promising company, they earn money through each transaction made through their network. Previously I worked for their competitor

Apple pay lo where will marquetta?Marquette?? Come into picture bro the token. Is issued by card network(visa Master amex etc) and the token is provisioned into the secure element of the device for sure afaiak apple pay and Google pay doesn't use Marquette they use tokens issued by card networks 

[familyman]

18 minutes ago, csrcsr said:

Apple pay lo where will marquetta?Marquette?? Come into picture bro the token. Is issued by card network(visa Master amex etc) and the token is provisioned into the secure element of the device for sure afaiak apple pay and Google pay doesn't use Marquette they use tokens issued by card networks 

@hyperbole bro please suggest 

[hyperbole]

40 minutes ago, csrcsr said:

Apple pay lo where will marquetta?Marquette?? Come into picture bro the token. Is issued by card network(visa Master amex etc) and the token is provisioned into the secure element of the device for sure afaiak apple pay and Google pay doesn't use Marquette they use tokens issued by card networks 

Sorry Apple cards  is managed by goldman sacks, goldman has a big stake in MQ, all the apple cards come from a certain address in Oakland, apple card issuing is done by MQ.  Discover, Mastercard and Visa all are using MQ in some way. Infact Discover bought off late a lot of stocks of MQ

 they have wallet provisioning APIs for tokenization and virtual cards

 

https://www.marqeta.com/docs/core-api/digital-wallets-management
 

[KondapalliRaj]

Square /Block and some of the BNPL companies are buggiest clients for mq.

 

 

[csrcsr]

16 minutes ago, hyperbole said:

Sorry Apple cards  is managed by goldman sacks, goldman has a big stake in MQ, all the apple cards come from a certain address in Oakland, apple card issuing is done by MQ.  Discover, Mastercard and Visa all are using MQ in some way. Infact Discover bought off late a lot of stocks of MQ

 they have wallet provisioning APIs for tokenization and virtual cards

 

https://www.marqeta.com/docs/core-api/digital-wallets-management
 

Virtual cards ok bro I am talking about core apple pay toke apple card is issued by gold man Sachs (issuer) but the tokens are created by card networks  using VTS(visa token service) MDES(Master card digital) and so on for each network their business is virtual cards and as u said for JIT payments for door dash and freight etc 

[familyman]

40 minutes ago, csrcsr said:

Virtual cards ok bro I am talking about core apple pay toke apple card is issued by gold man Sachs (issuer) but the tokens are created by card networks  using VTS(visa token service) MDES(Master card digital) and so on for each network their business is virtual cards and as u said for JIT payments for door dash and freight etc 

@hyperbole please help bro 

[familyman]

6 hours ago, familyman said:

@hyperbole please help bro 

https://techcrunch.com/2017/07/26/visa-marqeta-25m/amp/
 

Visa invested in MQ