Go Beyond Millions Of Merchants
Fairbit SoftPOS solution is a cloud-based EMV contactless payment platform turning mobile phones into payment acceptance devices.
Fairbit SoftPOS solution makes payment acceptance easy.
Excellent benefits for payment system providers and ISVs
Great opportunity to get into new merchant segments such as small business owners or on-the-go merchants for events, festivals and pop-up stalls.
- Turn mobile phones into contactless POS terminals.
- Expand your business and create flexibility for sidewalk or parking lot sales.
- Create innovative brand for your POS business.
Go beyond millions of merchants
Fairbit SoftPOS solution helps you to get into the SMB merchant market by drastically reducing the cost of ownership of POS solutions. SoftPOS solution SDK enables you to integrate your POS platform easily to accept payments on Android phones.
Get started to accept payments in minutes
Merchants can securely download the SoftPOS solution from the app store, authenticate to the platform and start accepting payment transactions. You can get starting payments in minutes. You don’t need to wait for weeks to get a hardware device installed in a merchant store
Secure and safe transactions
Fairbit SoftPOS solution helps you to get into the SMB merchant market by drastically reducing the cost of ownership of POS solutions. SoftPOS solution SDK enables you to integrate your POS platform easily to accept payments on Android phones.
Minimize fraud cases
Cloud architecture gives us better flexibility and possibilities for fraud detections. In traditional POS terminals, most of the EMV data is never sen to the host which limits the capacity of fraud detection process.
With the cloud-based SoftPOS solution, all of EMV card and transaction data are sent to the cloud in the real-time. You can monitor the mobile devices in real-time to assure it is safe to process a transaction and suspend payment application straight away if anything is wrong. Chip-based fraud attacks and payment app fraud attacks can be detected and prevented from anywhere globally in real-time. Those bring us to the next level of security, which is much better than hardware-based architectures.
Fairbit
Cloud Platform
With Fairbit cloud platform, the mobile phone doesn’t need to have acquirer keys, EMV Level 2 kernels, and EMV parameters. Fairbit cloud platform simplifies the operation and maintenance of the SoftPOS solution seamlessly.
EMV kernel software resides on the cloud to make the payment more flexible. You can literally scale up your payment business in seconds without hassle.
Minimize the
certification effort
Cloud technology helps to minimize the EMV kernel certification effort. As the solution runs on the cloud, it doesn’t need to go to certification for every new hardware. Fairbit takes care of EMV certifications, so you don’t need to worry about that.
Advanced reporting
and monitoring
SoftPOS solution provides an online portal where you can monitor transactions and create reports. This helps you to monitor what is going on such as transaction decline trends and transaction statistics. It provides advanced transaction logs to troubleshoot field issues.
FAIRBIT CLOUD PLATFORM
EMV Level 2 Kernel
- Support all major card brands: MasterCard Tap on Phone, Visa Tap to Phone, and others
- Runs in the cloud to reduce operational overhead by eliminating the need to download into the mobile device
- Accepts different form factors: EMV contactless cards, ApplePay, SamsungPay, and AndroidPay
Key Management
- Enhanced security : No keys downloaded on the device
- Software-hardened key encryption and decryption
- End to end security with PCI P2PE
EMV Parameter Management
- Web-based platform to define EMV parameters
- EMV parameters are maintained on the cloud by eliminating the overhead of parameter management on the device
Attestation / Monitoring
- Monitor health status of devices and instantly block in case of suspicious activities
Transaction Monitoring / Reporting
- EMV transaction data including APDUs, TVR, and so forth
- Advanced filtering options to monitor transactions
Advanced transaction logging data to give all the details about transaction errors
