Q2 Direct Deposit & Card Switching
Building strong, diverse communities by strengthening financial institutions with digital transformation solutions.
Est 2004|Raised $34.3M
Building strong, diverse communities by strengthening financial institutions with digital transformation solutions.
Published May 16, 2026
| Starting Price | Not publicly listed (enterprise quote) | Not publicly listed (B2B/API sales) | Not publicly listed (B2B/API sales) |
| Intended customers | Financial institutions already using Q2 or seeking FI-branded onboarding and switching programs | Applications and FIs that prioritize payroll connectivity and employer coverage | Applications and FIs that prioritize automated deposit switch flows and payroll-source context |
| Key characteristics | Integrated switching and card-on-file update capability within a digital banking platform; evidence of FI production use | Public developer documentation and best-practice guidance for deposit switching workflows | Public documentation describing deposit switch flows and employer coverage strategies |
| Key limitations | Limited public transparency on security certifications and pricing; credential-based assist options can raise risk considerations | Category-level challenges with switch failures exist; not all cases support instant switching | Success depends on employer coverage and user verification; category-level failure modes are reported |
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