Syncopa Labs

About Syncopa Labs

Syncopa helps developers of mobile-wallet applications achieve higher acceptance and engagement with customers, provide 100% availability for mobile payments, and increase the number of transactions via mobile-wallet apps. Syncopa's patent-pending technology enables magnetic, chip-and-PIN or NFC transactions via smartphones, automatically selecting the best card to use from the customer’s available cards based on his/her location and financial benefits, and the provider’s interests. The solution involves a field-programmable card that uses BLE to communicate with a smartphone and emulates mag-stripe/chip cards, while a server and smartphone app determine the user’s indoor location and automatically select the best configuration for each transaction.