Redefining Digital Payments in Southeast Asia
Founded in 2012, Soft Space has become a key player in the region's payment ecosystem with its:
- Omnichannel payment platform (supporting 100+ payment methods)
- Patented softPOS technology (turning smartphones into POS terminals)
- Bank-grade security with PCI DSS compliance
- Seamless API integration for businesses
Exclusive Interview with Soft Space Leadership
We spoke with Joel Tay, Chief Commercial Officer of Soft Space, about the company's vision and achievements.
Q: What differentiates Soft Space from other payment providers?
A: "Our softPOS technology is truly revolutionary - it eliminates hardware costs and enables any merchant to accept card payments using just their smartphones."
Q: How has Soft Space contributed to Malaysia's cashless journey?
A: "We've empowered thousands of SMEs to go digital, especially during COVID-19 when contactless payments became essential. Our solutions helped businesses continue operating safely."
Q: What's next for Soft Space?
A: "We're expanding across ASEAN and developing blockchain-based payment solutions while maintaining our focus on financial inclusion."
Why Businesses Choose Soft Space
1. Cutting-Edge Technology
- First-in-market softPOS solution
- QR code payment integration
- Real-time transaction analytics
2. Financial Inclusion
- Enables micro-merchants to accept digital payments
- Supports underbanked businesses
- Multi-language platform for diverse markets
3. Enterprise-Grade Solutions
- Customizable payment infrastructure
- White-label solutions for banks
- Fraud detection systems
4. Regional Expansion
Currently operating in:
- Malaysia
- Thailand
- Japan
- Philippines
- Australia
Challenges and Competitive Landscape
While competing with global players like Stripe and Adyen, Soft Space maintains an edge through:
- Local market expertise
- Regulatory compliance
- Cost-effective solutions
Future Developments
- Central Bank Digital Currency (CBDC) integration
- Buy Now Pay Later (BNPL) features
- Enhanced AI fraud prevention
Conclusion: The Future of Payments
Soft Space continues to drive Malaysia's digital payment revolution with innovative, inclusive solutions. As cashless adoption grows, Soft Space is well-positioned to lead the next wave of fintech innovation.
Subscribe to us: