Maintain all EMV parameters on the cloud.
Operational efficiency by managing EMV parameters on the cloud.
Fairbit SoftPOS solution uses the NFC interface of the mobile phone to accept the payment. EMV service can be instantly activated on the mobile phone without the burdens of hardware-based solutions. Cloud based EMV kernel application supports all EMV requirements and CVM methods, including PIN, signature, and CD CVM.Read more >>
Cloud EMV kernel solution maintains all EMV terminal parameters on the cloud, instead of the device. There is no need for pushing them to devices when a parameter is updated. There is no need to interrupt the payment transactions during the parameter loading process. If there is any field issue after the update, the process can be easily reverted back through web-based portal. The impact of parameter update can be monitored with EMV reporting service and any problem can be easily identified.
The kernel on the device
EMV parameters are managed in
The XML(JSON) file
Updates take effect in
From 1 day to 1 month, requiring regression tests and pushing process to live devices
Who may do the update
Only POS owner
Acquirers, Payfacs, Partners, ISOs, ISVs using Web APIs
User Interface to show EMV details
No user interface
Web user interfaces to show EMV tags, bits, descriptions
EMV parameters can be updated by
Only technical people with deep EMV knowledge
Anybody having basic EMV understanding
Can’t be identified as XML(JSON) files can’t check the errors
Can be identified easily as Web APIs checks the update based on EMV rules
All POS terminals need to be pushed in the field
No need for pushing to the POS terminals in the field
Revert back in case of wrong parameter settings
No chance to revert back immediately after pushing
It can be reverted back immediately if something is wrong
Interruption of payment transaction
It may happen if the merchant is making a transaction during the update
It never happens as the update is done on the cloud.