Block Selects Marqeta to Enable Square Credit Card on the American Express® Network
Business Wire•19/10/2026•08:00 ET
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Key Highlights
- ➤Marqeta now powers Square Credit Card on the American Express Network
- ➤Block consolidates Square debit, prepaid, and credit programs onto Marqeta
- ➤Existing Square Card accounts can migrate without disrupting cardholder experience
- ➤Marqeta processed nearly $400 billion in annual payments volume in 2025
Expert Statements
Andrea Raj, Head of Product for Square Banking at Block
“Square sellers depend on both credit and debit to run their businesses, and consolidating those programs onto Marqeta’s platform means we can move faster and safer on the products they need”
Andrea Raj, Head of Product for Square Banking at Block
“Migrating our existing cardholders without any disruption to their experience was critical, and Marqeta delivered. This is a reflection of the strong partnership we’ve built together over the years.”
Todd Pollak, Chief Revenue Officer, Marqeta
“Block is one of our deepest and most expansive partnerships, and the work we’re doing together goes well beyond any single program”
Todd Pollak, Chief Revenue Officer, Marqeta
“This launch is a strong example of what that partnership enables, bringing Square’s full card portfolio onto one platform so they can build and iterate on credit products for small businesses faster than ever before.”
Block Selects Marqeta to Enable Square Credit Card on the American Express® Network
* Marqeta now powers Square's credit card on the American Express® Network, extending its longstanding relationship with Block that includes Square’s debit and prepaid programs.
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