Marqeta Announces Industry-First Tokenization-as-a-Service Product, Allowing Any Card Issuer to Instantly Provision Cards Into a Mobile Wallet

“Marqeta, the global modern card issuing platform, today unveiled its new Tokenization-as-a-Service product , which allows any card issuer to access its industry leading tokenization technology. Marqeta’s Tokenization-as-a-Service, already being adopted by J.P. Morgan, is an industry-first offering allowing non-Marqeta card programs to benefit from its modern platform, tokenization expertise, and built-in certifications with digital wallets and the card networks, without interrupting their existing issuing processor relationships.”