Block, Inc. has announced an expansion of its partnership with Marqeta to power the Square Credit Card on the American Express network. This development consolidates Block's debit, prepaid, and credit programs onto a single platform.
The news was reported by Benzinga on October 19, 2026. The filing indicates that Block is integrating its various payment card offerings to streamline operations and leverage Marqeta's technology. By utilizing Marqeta's platform, Block aims to manage its credit card issuance more efficiently across its Square ecosystem.
The partnership highlights the collaboration between Block and Marqeta, a company focused on issuing cards for fintech and financial services companies. The move reinforces Marqeta's role as a key infrastructure provider for digital payments.
