A convenient payment solution with credit building benefits
Offering a secured charge card to your customers can help you create stickier customer relationships, enhance your overall value proposition, and earn interchange fees at an attractive rate
A strong value proposition for your retail customers
Convenience
Access to funds
Rewards potential
How your customers can use a secured charge card
Savers
Manage spending and stay on budget
Credit establishers
Enter the formal credit system and build their credit profile
Credit rebuilders
Rebuild their credit profile after prior delinquencies or defaults
Transactors
Switch from using a prepaid card
An easy to manage spend solution
Launching and issuing the Synctera Smart Card requires no credit decisioning, balance funding, or collections management.
Use the Synctera Console to set up, manage, and service your customers’ accounts.
How it works
The card’s available credit is equal to the available funds that the customer maintains in a linked deposit account
As the customer makes credit purchases on the card, an equal amount of funds in the linked deposit account are put on hold, and the card’s available credit decreases in tandem
The cardholder must pay the card’s balance in full on the payment due date
If the balance is not paid on time, funds on hold in the linked deposit account are used to settle the monthly statement
The customer is charged 0% APR
Explore more
Launch with a bank partner
Learn how Synctera connects you with the widest set of potential sponsor bank partners
Risk & Compliance
Meet compliance obligations and protect yourself from financial criminals
Platform
Learn about our modern, flexible, and scalable platform
Great banking products get built and scaled on Synctera’s end-to-end platform
Get started to learn how Synctera can bring your product vision to life
