Aaron's Inc.'s lease-to-own division Progressive Leasing partnered with U.S.-based payment card issuing platform Marqeta Inc. to issue virtual cards that can be used by rental customers to make payments, according to a Dec. 6 company release.
The partnership allows Progressive Leasing to capitalize on features like tokenization and Marqeta's just-in-time funding, which will help Progressive Leasing to authorize and reconcile transactions in real time.
