Marqeta $MQ is accumulating
MQ is accumulating between $8.40 and $12.43. It is still sideway not ready to buy but once It breaks $12.43 and stay above, It will be ready to get in. set your alarms...Marqeta provides tools that allow its customers to create and issue customized payment cards that are specifically designed for their business needs.
Marqeta is disrupting a large and growing market. Purchase volume on U.S. payment cards was $7.97 trillion in 2020 and expected to grow to $12.86 trillion by 2025. Marqeta's total processing volume of $111.1 billion in 2021 is a small fraction of the market.
Marqeta has a win-win business model. Using Marqeta's tools, a customer earns interchange fees and delivers a better experience to its own customers. Utilizing Marqeta's tools is more of an opportunity than a cost.
Marqeta's tools are delivered via open, well-documented APIs. Vetted customers can create a card program and begin issuing cards rapidly, which should lead to rapid adoption of Marqeta's tools and growth in Marqeta's total processing volume.
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