Today we announced two customers that serve retailers, Extend and FinanceIt, demonstrating how Marqeta’s platform helps drive customer loyalty and deliver an impeccable experience for consumers.
The retail sector has seen a continued shift towards e-commerce, accelerated by the pandemic, resulting in retailers investing heavily in their website functionality and online customer experience. Providing intuitive payments and modern lending experiences is a critical component of this shift to digital, and companies can leverage Marqeta’s platform to equip their customers with more innovative payment capabilities to help them differentiate from competitors.
Extend enables merchants to easily offer product and shipping protection with an elegant support experience to end customers. Extend partnered with Marqeta to enable its customers to purchase a replacement via a virtual card, issued instantaneously after a claim is approved, if their shipment was lost, damaged or stolen or their product was accidentally damaged or stopped working.
Financeit partners with Marqeta to provide point-of-sale financing for the home improvement sector in Canada. Financeit empowers the retailer to offer customers financing for various home improvement projects up to $50,000. Through this partnership, Financeit is able to leverage our cutting-edge platform to provide a flexible, mobile-friendly solution to boost sales for the retailer and deliver a premium experience for customers that are looking to finance large projects.
