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In this paper we study the problem of fermions scattering by the field of a magnetic dipole in Minkowski space-time. The amplitude and differential cross section for scattering of massive fermions are obtained using the exact solution of the Dirac equation written in the helicity basis. We found that the most probable transitions are those that scatter the fermions perpendicular to the direction of the magnetic field and we consider only the transverse momenta in our analysis. The differential cross section behavior in terms of scattering angle and energy is graphically analysed and we perform a comparative study with the Coulomb scattering.