Soft Space
Our solutions are certified by EMVCo, PCI DSS and other major card schemes, making it secured and recognized globally
Founded in 2012, Soft Space is a leading fintech player in the APAC region headquartered in Kuala Lumpur, Malaysia. With over 24 financial institutions in 10 countries, Soft Space’s payment solutions simplify the existing financial legacy systems and creates value-added services to help businesses grow.
Soft Space offers a White Label e-wallet solution, which offer partners with the opportunity to launch their own niched e-wallet to market segments. Partnering under Visa’s Fintech Fast Track program, this further expands Soft Space’s capability to enable partners to introduce their own Visa prepaid card.
Additionally, Soft Space is listed as a certified partner by Visa for its Tap to Phone solution, which allows NFC Android smartphones to accept contactless card payments.
In 2020, Soft Space is recognised as one of the fastest growing fintech companies in Malaysia by IDC Financial Insight Fintech Fast 101 List.
PARTNER DETAILS
Visa Ready, Fintech Partner Connect
Fasspay
Secure white label e-wallet designed to adapt and scale
Leverage our suite of digital wallet features and offering to rollout an e-wallet catered to your business needs.
Seamless onboarding integration
Customise the e-wallet based on your business identity and integrate seamlessly via SDK or APIs with your existing business solutions or develop your own niche wallet solution via our reskin concept.
Cost-effective issuance
Benefit from the simplicity and the ease of our solution towards issuing a prepaid card linked to the e-wallet for B2B and B2C payments in a relatively cost-effective manner.
Quicker go-to-market
Our solution has met necessary compliance and regulatory process which helps you to launch your wallet without the need to go through a complicated regulatory process.
| Type of Solution | Full Solution/White Label |
| Visa Card Program Support | Prepaid, Debit, Credit, Consumer, Commercial, Small Business |
| Program Management Support | Yes |
| Fintech Pricing Model Support |
Revenue share, Per-transaction, Per-volume, Combination |
| (e)KYC/KYP Support | API Deployment, with third-party connection to Innov8tif for identity document verification |
| Crypto Support |
Yes |
| CASA Program Support |
No |
| National Regulatory License | E-money |
| Third Party Issuer Processor |
Yes |
| Payment Processor | BPC Payment Services |
| Domestic Payment Network Connections | PayNet |
| ATM Network Integrations | No |
| Bill Pay | Yes |
| Foreign Exchange Treasury |
No |
| Program Management | Yes |
| ACH Origination | No |
| Cash Advances | No |
| Remittances and Cross-Border Transactions | In-Progress |
| Multi-Currency Settlement | In-Progress |
| Installments | In-Progress |
| Co-operative Authorization |
No |
| Connection to Real-Time Payment Schemes | Yes |
| Visa Direct Origination | No |
| Preferential Card Manufacture Rates | Yes |
| Access Control Server for 3DS | Yes |
| AML-as-a-Service | Yes |
| Virtual IBAN (if applicable) | No |
| Corporate and Business Card Processing | Yes |
Program
Fintech Partner Connect
Capability
BIN Sponsors
Soft Space Fasstap
Please reach out to learn more about our solution.
| Type of Solution |
Delta SDK (requires security delta integration testing) |
| Version |
1.4.0.0 |
| Hardware Compatibility |
Broad compatibility with devices running Android OS |
| Operating System Compatibility |
Android 11.0 and higher |
| PIN | Yes |
| Security Mechanism |
Software Hardened Solution |
Program
Visa Ready
Capability
Tap to Phone