It's not always easy to earn and keep the loyalty of 1099 workers. Given their range of work options, faster payment can make all the difference. With DISBURSE, payouts can be available as soon as a job is completed and the money is earned.
Generate virtual and physical cards on-demand for rewards and incentives. Funds are available immediately, and cards can be used anywhere.
Clearbanc empowers the over 50M self-employed professionals in the US with better financial services and a faster way to get paid. Using Marqeta’s DISBURSE solution, contractors like Uber drivers can get paid daily on their Clearbanc Card which allows them to access their earnings faster. After funds are disbursed to the Clearbanc card, contractors can access the funds through an ATM or use the card just like a debit card. In addition, Clearbanc’s Advance Pay program with Uber provides new drivers an advance to start their driving career with Uber.
“Marqeta’s technology was built for technology-driven commerce innovators like us. The platform has enabled us to get to market quickly with groundbreaking differentiating features – features that our cardholders use everyday.”
The Marqeta Platform includes an API that supports both virtual and physical cards. Virtual cards are immediately available (complete with card numbers) and can be converted to physical cards. Physical cards are designed by you, produced to your specifications (EMV contact, EMV contactless, or magnetic stripe), and are mailed directly to the cardholder.
The Marqeta Platform includes a Flexible Spend Controls feature to enable programs that can restrict spending by merchant, merchant category (for example: hotel, clothing, restaurant, etc.), dollar amounts, time, number of uses, type of currency and several other criteria.
The ability to gather and put to work actual user data is enabled through the use of webhooks to push data to your API, giving you the power to perform rapid analytics and accelerate product iteration. It includes a full suite of real-time event notifications and enables triggered customer communications based on actual customer behavior.