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.

Softspace Website

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.

Solution Information

Type of Solution    
Full SDK (meets all security requirements)
Version
1.4.0.0
Hardware Compatibility
Broad compatibility with devices running Android OS
Operating System Compatibility
Android 11.0 and higher

Security Capabilities

PIN Yes
Manual PAN Key Entry No
Receipts Yes
Signature Yes
Security Mechanism Software Hardened Solution

Program

Visa Ready

Capability

Tap to Phone