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Enable any device to accept payment Move all payment processing intelligence from terminal to Cloud for faster go to market, the cross-platform payment experience. Instant update of EMV kernel and EMV parameters without downloading to terminals. Traditionally, EMV Level 2 kernel application runs in the POS hardware. Fairbit solution changes traditional model such that EMV Level 2 kernel application runs on the cloud (EMVKernel-on-the-Cloud). This enables any device, whether it is a POS terminal, mobile phone, or a tablet to accept card-present EMV contact and contactless transactions. With EMVKernel-on-the-Cloud, the reader turns into a simple device only to manage user experience and card communication.

Fairbit Questions

3 people are employed at Fairbit.

Fairbit is based in Irvine, California.

The NAICS codes for Fairbit are [42, 4234, 423].

The SIC codes for Fairbit are [50, 511, 51, 504].

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