Reported Earlier: Block Expands Marqeta Partnership To Power Square Credit Card On American Express Network, Consolidating Debit, Prepaid And Credit Programs On One Platform

Marqeta has expanded its partnership with Block to power the Square Credit Card on the American Express Network, consolidating Square's debit, prepaid, and credit programs onto a single platform. This migration aims to reduce operational complexity and enhance the speed of introducing new credit features for sellers. The collaboration builds on their previous partnership initiated in 2019, which introduced the Square Card for small business owners, allowing immediate access to earnings without additional fees.