Soft Space’s FasstapTM achieves historic MPoC Solution Provider certification, positioning the company as a global leader in the SoftPOS market and setting a new industry standard for secure and reliable payment solutions.
29 February 2024 – Soft Space Sdn. Bhd. (Soft Space), a global leader in fintech-as-a-service (FaaS), proudly announces that its innovative SoftPOS solution, FasstapTM, has achieved a groundbreaking milestone by becoming the first in the world to receive the Mobile Payment Commercial Off-the-Shelf (MPoC) Solution Provider certification from the Payment Card Industry Security Standards Council (PCI SSC).
This certification not only solidifies Soft Space’s position as a frontrunner in the SoftPOS market but also marks a significant achievement for its subsidiary, Fass Payment Solution Sdn Bhd (Fasspay), as the first acquirer worldwide to deploy a live MPoC-certified SoftPOS solution. Joel Tay, CEO of Soft Space, emphasized the company’s strategic focus on obtaining a complete MPoC Solution certification, distinguishing FasstapTM as the market leader for SoftPOS.
Soft Space’s achievement sets a new industry standard, surpassing previous certifications like Software-based PIN Entry on Commercial Off-the-Shelf (SPoC) and Contactless Payments on Commercial Off-the-Shelf (CPoC). The MPoC certification underscores Soft Space’s commitment to meeting the highest industry standards, positioning it as the go-to partner for banks, acquirers, neobanks, and solution providers seeking a reliable and secure SoftPOS solution.
The introduction of the MPoC standard is poised to reshape the contactless payment landscape, with Soft Space leading the charge as the first SoftPOS provider to achieve end-to-end certification. This accomplishment not only strengthens Soft Space’s credibility but also ensures customers and partners can confidently promote and deploy digital, frictionless, and cost-effective payment solutions globally.
