Marqeta, a card issuing platform, announced that Internet Travel Solutions (ITS), a provider of travel management software, will use Marqeta’s credit card platform to launch a multi-use travel and expense (T&E) commercial credit card for the mid-size business market.
ITS, said the announcement, has strategically partnered with Marqeta to build customizable credit card solutions that help businesses streamline expenses, access capital and boost operational efficiency. The credit card platform gives ITS control over the customer experience, supported by a unified, modern technology stack and program management capabilities, enabling the company to develop credit solutions tailored to individual business needs.
Rick Kumpf, CEO of ITS, said building its travel and expense credit card on Marqeta’s platform gives the company access to a full suite of credit card capabilities and the flexibility and control to develop, launch and scale branded credit solutions that seamlessly integrate into its digital experience. The announcement said the ITS corporate card program, EasyCard, aims to enable businesses to fulfill the diverse payment service needs of employees, spanning across all roles and functions.
With Marqeta, said the announcement, ITS has access to real-time card issuing, live transaction data and spend controls that allow iit to create dynamic credit card offerings and rewards. Additionally, Marqeta allows ITS the flexibility and extensibility to launch on a payments platform that can support and grow its products as it expands over time.
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