Description
Soft Space is a Kuala Lumpur-based global financial technology company specializing in innovative payment terminal software and merchant acquiring solutions. Founded in 2012, the company is a pioneer in developing secure payment technologies that transform commercial off-the-shelf devices into powerful card payment acceptance tools.
The firm operates by developing and deploying its flagship “Tap to Phone” (SoftPOS) technology, known as Fasstap, which allows merchants to accept contactless card and mobile wallet payments directly on NFC-enabled Android and iOS smartphones. This eliminates the need for expensive, traditional point-of-sale (POS) hardware and leasing fees for business owners.
Soft Space has achieved remarkable global reach, serving over 90 financial institutions across 30 countries worldwide, backed by strategic investments from major entities like JCB. The company boasts rigorous PCI compliance and has received numerous accolades, including top honors at the APICTA (Asia Pacific ICT Alliance) Awards for financial application innovation.
The provider continues to expand globally, pushing into transit payment systems and smart retail checkout solutions. The company’s competitive edge lies in its highly scalable, hardware-agnostic mobile payment acceptance technology that drastically lowers technical and financial barriers for SME merchants entering the digital economy.
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