Uber chooses Marqeta to streamline payments

Uber has entered a partnership with Marqeta to streamline payment experiences for its apps.

The global modern card issuing platform will assist Uber in providing one central payment experience across multiple modes of transit and help the ridesharing and delivery service create new efficiencies in its Eats product.

The technology will create more seamless interfaces throughout Uber’s wider ecosystem.

Uber is planning to integrate the tech across a number of products and international markets.

Uber Eats is already using the platform in the US and has plans to expand to European markets.

“A rapid digital transformation is upending everything from how we eat, to how we navigate our cities,” said Jennifer Vescio, global head of business development at Uber. “As Uber looks to build out a global ecosystem that our users can rely on in all facets of their lives, it was clear we needed a sophisticated card issuing and payments processing partner to reach our true potential.”

“From our earliest conversations with Marqeta we could see that its modern card issuing platform would be a crucial building block for Uber in executing the future. Their single global platform aligns perfectly with Uber’s global scale, and their team is the strongest we’ve seen in the industry,” she added.

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