November 3, 2014
Soft Space, an Asian white-label mobile point-of-sale (POS) platform maker, recently announced that it has acquired Fasspay. Fasspay is a payment service provider based in Malaysia. Soft Space has partnership with 14 banks in the Southeast Asian region, where its POS systems are used. Soft Space has shipped more than 35,000 readers in less than 2 years. It is projected that the company will process up to $1 billion in credit card transactions this year.