Soft Space (album)

Soft Space, Hong Leong Bank and JCB Expand JCB Card Acceptance in Malaysia

Retrieved on: 
Wednesday, August 2, 2023

[3]

Key Points: 
  • [3]
    To capitalise on this bright recovery prospect, Soft Space and JCBI recently signed an agreement to enable Soft Space to work with local acquirers, such as HLB, to promote JCB Card acceptance in Malaysia.
  • Sofitel Kuala Lumpur Damansara, a hotel in Kuala Lumpur, is one of HLB's merchants that has begun accepting JCB Card payments.
  • Establishing a partnership with HLB is a huge step forward for the expansion of JCB acceptance network in Malaysia.
  • The promotion of JCB Card acceptance in Malaysia also signals the expansion of its merchant network, the establishment of card issuing solutions, and the provision of customer marketing solutions in Malaysia, and later in Southeast Asia.

JCB, IDEMIA and Soft Space launch JCBDC pilot to test CBDC in-store payments

Retrieved on: 
Monday, October 24, 2022

1 IDEMIA and the world's leading fintech company Soft Space Sdn.

Key Points: 
  • 1 IDEMIA and the world's leading fintech company Soft Space Sdn.
  • JCBDC pilot will develop a CBDC (Central Bank Digital Currency) payment solution and conduct a pilot test with Tokyo merchants.
  • As a result, JCB will have CBDC acceptance tested using existing JCB Contactless - JCB's EMV(R) based contactless payment, merchants, POS terminals and plastic card-based user interfaces, with guidance from IDEMIA and Soft Space.
  • JCB, IDEMIA and Soft Space will conclude payment system development by late 2022 and conduct the pilot test with Tokyo merchants until March 2023.

IDEMIA partners with Soft Space to enable Tap on Phone payments

Retrieved on: 
Tuesday, April 5, 2022

TOKYO, April 5, 2022 /PRNewswire-PRWeb/ -- This is an abridged version of the press release announced on March 2, 2022, by Malaysia's fintech player, Soft Space Sdn. Bhd. (Headquarters: Kuala Lumpur, Malaysia; Chief Executive Officer: Joel Tay), a group company of transcosmos.

Key Points: 
  • IDEMIA, the global leader in Augmented Identity, partners with Soft Space, the world's leading Fintech player in SoftPOS to enable contactless payment acceptance.
  • By combining its digital payment and identity platforms with Soft Space's flagship "Fasstap" Tap on Phone solution, IDEMIA is building comprehensive digital first capabilities for merchants of all sizes.
  • This Tap on Phone payment solution streamlines the on-boarding of merchants looking to embrace digital payment acceptance.
  • They simply need to tap their contactless card or mobile phone on the merchant's off-the-shelf device to make a payment.

Soft Space, Malaysia's leading fintech player and a member of transcosmos group enters into strategic partnership with JCB

Retrieved on: 
Monday, February 14, 2022

(Headquarters: Kuala Lumpur, Malaysia; Chief Executive Officer: Joel Tay; Soft Space), a group company of transcosmos inc. has announced a new strategic partnership with Japan's only international payment brand, JCB Co. Ltd. (Headquarters: Tokyo, Japan; Chairman & Chief Executive Officer: Ichiro Hamakawa; JCB).

Key Points: 
  • (Headquarters: Kuala Lumpur, Malaysia; Chief Executive Officer: Joel Tay; Soft Space), a group company of transcosmos inc. has announced a new strategic partnership with Japan's only international payment brand, JCB Co. Ltd. (Headquarters: Tokyo, Japan; Chairman & Chief Executive Officer: Ichiro Hamakawa; JCB).
  • Now, Soft Space has formed a strategic partnership with JCB which involves a combination of US$5 million investment and a license agreement that allows Soft Space to issue JCB Cards and start merchant acquisition business for JCB in Malaysia.
  • In partnership with Soft Space, transcosmos will assist JCB in enhancing its business in ASEAN region.
  • Founded in 2012, Soft Space is the world's leading SoftPOS player headquartered in Kuala Lumpur, Malaysia.

Soft Space Enters into Strategic Partnership with JCB

Retrieved on: 
Thursday, January 13, 2022

("Soft Space"), has announced a new strategic partnership with Japan's only international payment brand, JCB Co. Ltd. ("JCB").

Key Points: 
  • ("Soft Space"), has announced a new strategic partnership with Japan's only international payment brand, JCB Co. Ltd. ("JCB").
  • This is part of the first tranche of funding on the horizon for Soft Space with other investments to follow in the future.
  • The partnership also demonstrates the confidence JCB has in Soft Space's management, technology portfolio and execution strategy in today's highly competitive fintech industry.
  • "We are humbled by this investment by JCB," said Joel Tay, Chief Executive Officer of Soft Space.