Understanding Card Program Differences
This page describes key differences between Powered By Marqeta (PxM) and Managed By Marqeta (MxM). It helps you decide which card program to pursue and directs you to relevant information.
Card program models
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Depending on your desired level of control and responsibility, Marqeta can work with you in one of the following ways:
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Powered By: Marqeta assists with certain configuration elements, then enables you to use the platform independently.
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Managed By: Marqeta is the Program Manager and manages your program for you, providing a full-service experience and configuring most of the critical resources required by your production environment.
Card program requirements
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The table below lists the primary tasks related to launching a production card program and clarifies who is responsible under each engagement model.
| Requirement | Powered By | Managed By |
|---|---|---|
Defining Bank Identification Number (BIN) configuration with the card network/scheme |
You |
Marqeta |
Approving and managing the program with the card network/scheme |
You |
Marqeta |
Approving and managing the program with the issuing bank |
You |
Marqeta |
Ensuring program compliance with regional regulations |
You |
Marqeta |
Ensuring program compliance with bank and card network mandates |
You |
Marqeta |
Configuring the customer processing environment |
You |
Marqeta |
Configuring funding methodology |
You |
Marqeta |
Creating and configuring card products |
You |
Marqeta |
Creating and managing users |
You |
You |
Creating and managing cards |
You |
You |
Creating and managing spend controls at the card product level |
You |
Marqeta |
Creating and managing user controls |
You |
You |
Providing API access (controls, user management, etc.) |
Marqeta |
Marqeta |
Configuring webhooks |
You |
Marqeta |
Processing card network/scheme events (authorization, clearing, etc.) |
Marqeta |
Marqeta |
Fulfilling cards |
You |
Marqeta |
Managing Know Your Customer (KYC) |
You |
Marqeta |
Managing card inventory and fulfillment providers |
You |
Marqeta |
Managing tokenization with the card network |
You |
Marqeta |
Engaging with the digital wallet providers |
You |
Marqeta |
Providing Tier II technical support |
Marqeta |
Marqeta |
Sending daily card network reporting files to the issuing bank |
Marqeta |
Marqeta |
Reconciling with the card network |
You |
Marqeta |
Monitoring transactions (fraud, anti-money laundering, etc.) |
You |
Marqeta |
Managing disputes |
You |
Marqeta |
Learn more
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Depending on how you choose to integrate with Marqeta, you will participate in some or all of the following processes.
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Sales process
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Due diligence
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Integration verification
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Security verification
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Business readiness
To learn more about the processes and requirements for Powered By Marqeta, see Building Your Powered By Marqeta Card Program.
To learn more about card program configuration for Managed By Marqeta, see Building Your Managed By Marqeta Card Program.
Get started
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Refer to the Core API Reference documentation to learn more about each endpoint of the Marqeta platform, including supported methods, fields, and code samples. Marqeta also offers a series of guides that introduce you to important Marqeta concepts and how they fit into the payments ecosystem.
Use the public sandbox environment to explore the capabilities of the Marqeta platform. To access the public sandbox, sign up for an account on Marqeta.com and follow the Core API Quick Start guide.