PAYMENT SYSTEM TIPS & NEWS
From beginner to expert, Payment System Provider professionals get their tips and news here. Stay updated here!
Do you know the Fairbit SoftPOS solution can support additional card brands without changing the SoftPOS app on the mobile phone? Do you know you
Are you looking for a new POS solution? Do you know SoftPOS vs mPOS, which one is the best? Do you know you can provide
Merchant-focused FAQs What is SoftPOS? SoftPOS is a technology enabling mobile phones and any connected NFC-enabled device to accept card-present EMV contactless payment transactions. Why
This article will compare traditional POS systems and Soft POS systems to see how cost-effective it is to have a Soft POS system and reduce friction during various phases such as POS setup and payment acceptance.
In this article, we will identify critical factors to consider when implementing a SoftPOS app. The first step to consider is SoftPOS vendor selection. SoftPOS is a new technology and there are not many SoftPOS vendors in the market. It is of utmost importance to understand the capabilities of the SoftPOS solution
April 15 2021 California: Fairbit, a California-based solution provider of SoftPOS and EMV Level 2 kernel on the cloud, has announced that it has received PCI DSS certification (PCI DSS Version 3.2.1) for the “EMV Kernel-on-the-Cloud” product. PCI certification marks a significant milestone for SoftPOS as a service on the cloud.
Fairbit, a California-based solution provider of SoftPOS Visa Solution and EMV Level 2 kernel on the cloud, is happy to announce that it has been granted Visa Ready Tap to Phone Level 2 certification for the “Fairbit Kernel-on-the-Cloud” product. The certification is given on a worldwide basis enabling Fairbit to offer the solution in different markets. With this certification, Fairbit achieved a significant milestone to provide a SoftPOS solution globally
Traditionally POS devices have always been hardware-centric. If you go 20-30 years back, you can remember the large size and heavy POS hardware devices in merchant locations with dial-up modems, lengthy power cables, and large printers.
Cloud technologies meet security requirements needed for payment transactions and offer unlimited memory and scalable processing and performance capabilities. Both of these items offer a great opportunity to eliminate the need for having a POS hardware to accept a payment from a card.
In recognition that new type of devices are designed such as Cloud based solution or Merchant Server Solution and therefore application kernels are split over multiple devices, EMVCo has revised its type approval testing process to accommodate Split Application Kernel test submission.
Copyright 2021. All Rights Reserved
PRODUCTS
Fairbit Cloud Kernel
Cloud-based software as a service solution
grow your payment business
Fairbit SoftPOS Solution
Offering the best POS solutions can make
or break your business
PRODUCTS
Fairbit Cloud Kernel
Cloud-based software as a service solution
grow your payment business
FEATURES
EMV Kernel-on-the-Cloud
Enables any device with EMV L2 kernel
EMV Parameter Management
Maintains all EMV parameters on the cloud
EMV Monitoring and Reporting
Able to reach all EMV data
Fairbit SoftPOS Solution
Offering the best POS solutions can make
or break your business
Win the more merchants
There is a new form of Mobile POS System