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5 minute read

August 3, 2019

Business Readiness

You work on business readiness in parallel with development and throughout your engagement with Marqeta. As soon as your card program has been approved, you can begin Step One to prepare your card art.

With approved card art, you are ready to put the finishing touches on your card program before you go live.

Step One — Card art preparation

All card art that appears on physical or virtual cards must be approved, based on guidelines specified by the card networks and issuing banks. Approval of proposed card art involves validating details such as the placement of the card network logo, the PAN, and the cardholder name, as well as the card orientation, color selection, terms, and contact numbers.

If Marqeta is your Program Manager (or you are using Marqeta for the card fulfillment service), your Marqeta Delivery Representative will coordinate on your behalf with the issuing bank, card network, and fulfillment partners to ensure that the card art is approved and ready for printing.

Step Two — Card fulfillment and management

If your card programs offer physical cards, you must work your card fulfillment providers to ensure you are satisfied with the printed card proofs are to satisfaction.

If Marqeta is your Program Manager (or you are using Marqeta for the card fulfillment service) your Marqeta Delivery Representative will coordinate on your behalf with fulfillment partners to ensure the quality of the card proofs, as well as ensuring you have sufficient card inventory on hand to keep pace with your card issuing needs.

Step Three — Reserve funding

Before a card program can accept live transactions, you must set up a reserve funding source and a program funding account at your issuing bank. The due diligence guides you with the paperwork and instructions to set this up.

If Marqeta is your Program Manager, your Marqeta Delivery Representative will coordinate on your behalf with the issuing banks to ensure that the program funding account is created, funded, and continues to have sufficient funding so your card transactions are processed.

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