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Fairbit

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Fintech company offering innovative POS payment hardware and solutions.

Overview

Fairbit operates in the fintech sector, specializing in POS payment hardware and terminals aimed at improving payment processing in retail settings. The company offers a range of products, including a SoftPos solution, EMV Kernel Solution, and various EMV management services, primarily targeting Independent Sales Organizations (ISOs), Independent Software Vendors (ISVs), payment facilitators, and acquirers. Fairbit's mission is to simplify payment acceptance and enable the integration of POS systems into mobile devices. The company utilizes cloud-based solutions and innovative technologies to address the limitations of traditional hardware dependency, focusing on secure and efficient transactions while ensuring compliance with industry standards. Fairbit's competitive advantages include the capability to convert any device into a payment terminal and the provision of comprehensive EMV services, which may support the growth of payment operations for their clients.

Key facts

Founded
2017
Sector
Payments

Business model

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About Fairbit

What does Fairbit do?

Fairbit operates in the fintech sector, specializing in POS payment hardware and terminals aimed at improving payment processing in retail settings.

Where is Fairbit headquartered?

Fairbit is headquartered in Lake Forest, United States.

When was Fairbit founded?

Fairbit was founded in 2017.

Which sector is Fairbit in?

Fairbit operates in Payments, part of Financial Technology.

Who are Fairbit's competitors?

Companies similar to Fairbit include PAYMENT PARTNERS, MicroNXT, and Feenicia.