Innovative software-based contactless payments solution, SoePay SoftPOS launches in Hong Kong

HONG KONG SAR – Media
OutReach – 11 March 2021 – SoePay,
a FinTech subsidiary of Spectra Technologies Holdings Co. Ltd., today announced
the launch of the SoftPOS solution for accepting contactless Visa and
Mastercard card payments on any NFC-enabled Android smartphones that will
revolutionize the customer experience of small and micro-merchants in Hong
Kong.

 

 

SoePay SoftPOS is a mobile payment solution that eliminates
POS and payment terminal rental and provides an affordable and secure way for
small and micro-merchants to accept contactless card payments on their mobile
devices. This is a significant step in mobile payment acceptance for Hong Kong.
By transforming mobile devices into payment terminals, SoePay SoftPOS enables
merchants to securely accept card payment in many situations such as events,
markets, and food delivery. SoePay SoftPOS solution is globally certified by
Payment Card Industry (PCI) CPoC to accept contactless payments from cards and
smart devices without requiring additional hardware.

 

 

Established in 2019, SoePay is a payment solution provider
and payment facilitator in Hong Kong. Our mission is to provide customers with
innovative, secure, reliable, affordable, and hassle-free payment solutions.
For more information about our product, visit https://soepay.com/en/softpos

 

 

Damien Chow, Director of Digital Payment, SoePay: “SoftPOS
is a key strategic initiative of SoePay to make payment acceptance affordable,
frictionless and hassle-free to our customers. We look forward to enhancing our
SoftPOS solution and accelerating the contactless adoption and digital payment
development in Hong Kong.”

 

Helena Chen, Managing Director, Hong Kong and Macau,
Mastercard: “Mastercard
is thrilled to join forces with Spectra to further expand the Mastercard Tap on
Phone acceptance network with the launch of the new SoePay solution, which
provides safe, fast and secure contactless payments that meet consumers‘ everyday
needs. The Mastercard Sonic feature is also applied to SoePay, which
accompanies payments with a sound that indicates cardholders‘ successfully made payment.
The new partnership is in line with Mastercard‘s ongoing commitment to promote
contactless payment across the city and to support local SMEs‘ future development through
digitalization.”

 

Maaike Steinebach, General Manager, Visa Hong Kong and
Macau: “Visa
is excited to partner with SoePay to enable off-the-shelf ‘Tap to Phone‘ mobile devices to accept
contactless payments without additional hardware in Hong Kong. More than seven
in ten of all face-to-face Visa transactions are contactless. This new low-cost
and simple solution will help micro, small and medium-sized businesses stay
competitive on their digital transformation journeys.”