Marqeta, a leading global modern card issuing platform, has announced a new partnership with AffiniPay, a top provider of online payment and software solutions for professionals. This collaboration is set to launch MyCase Smart Spend, a spend management solution integrated with a LawPay Visa SMB revolving credit card within the MyCase platform. This new feature aims to help law firms streamline their expenses and manage their finances more efficiently.
Legal professionals often struggle with manual expense tracking, wasting valuable time and money each month on financial reconciliation. The introduction of MyCase Smart Spend addresses this issue by offering a comprehensive solution that combines firm operations and spend management. AffiniPay chose Marqeta due to its reliable platform for creating scalable, flexible, and customer-tailored card programs. Through this partnership, MyCase Smart Spend users will benefit from a user-friendly platform that provides real-time card issuing, transaction data, and spend controls, all accessible from a single dashboard. This setup helps cardholders efficiently manage business expenses and access capital more easily.
Bryan Thompson, Chief Technology Officer of AffiniPay, highlighted the importance of this partnership. He noted that Marqeta’s understanding of the complexities involved in creating new card programs tailored for legal professionals was a key factor in their decision. With Marqeta’s help, AffiniPay aims to enhance financial insights and efficiency for their customers, delivering on their promise of innovative credit solutions.
Marqeta’s commercial credit customers can select from various flexible funding models, such as Net 30 Charge Cards, Receivables Purchase, and Revolving Credit. These options allow businesses to take better control of their financial health and access capital more readily. Marqeta’s expertise in payments and program management simplifies the establishment of new card programs, ensuring compliance with regulatory requirements. Customers can quickly issue new cards, offer personalized rewards, and maintain better control over business expenses, thanks to Marqeta’s platform.
Todd Pollak, Chief Revenue Officer of Marqeta, expressed pride in their integrated embedded credit offering. He emphasized how Marqeta’s platform enables companies like AffiniPay to deliver branded business credit cards that enhance customer retention and loyalty. The platform’s flexible controls allow customers to manage their card programs effectively, providing a cohesive view of their finances. This integration helps law firms reconcile receipts and expenses from different systems, eliminating the need for cumbersome paper-based processes. Ultimately, this solution is designed to streamline client management and cost control, allowing legal professionals to focus more on their cases and less on administrative overhead.