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 Lable 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 Type

Visa Ready Certified

Category

BIN Sponsor, Tap to Phone

Solutions

Fasspay
Soft Space Fasstap V.1.0.0.0

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Fasspay
Soft Space full suite of white-label e-wallet solution

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.  

Solution Information

Category
BIN Sponsor

Visa Card Program Support
Prepaid, Debit, Credit, Consumer, Commercial, Small Business

Support

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

Capabilities

National Regulatory License
E-Money

Third Party Issuer Processor
Yes

Payment Processor
BPC Payment Services

Domestic Payment Network Connections
PayNet

ATM Network Integrations
No

Additional Capabilities

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

Surcharge Free ATM Networks
No

Additional Capabilities

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

Operating Countries

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Soft Space Fasstap V.1.0.0.0

Please reach out to learn more about our solution.

Solution Information

Category
Tap To Phone

Version
1.0

Hardware Compatibility
- Samsung (NFC, TEE, TUI)
- HTC (NFC, TEE)
- HUAWEI (NHC, TEE, Google Services)
- LG (NFC, TEE)
- SONY (NFC, TEE)

Operating System Compatibility
Android 7.0 and above

Security Capabilities

Type
PIN - Yes
Manual PAN Key Entry - No
Receipts - Yes
Signature - Yes

Security Mechanism
Software Hardened Solution

 

Operating Countries