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The Markets
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The Markets
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Tech

Fobi AI unveils new wallet pass-bundling functionality for Passcreator by Fobi to improve UX and drive revenue

This new functionality will significantly improve the user experience and offer more opportunities for promotional activities, which in turn will deliver new-line revenue generation from companies who leverage it

Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc has announced the launch of new functionality for its Passcreator, enabling users to bundle up to 10 connected wallet passes into one download.

This new functionality will significantly improve the user experience and offer more opportunities for promotional activities, which in turn will deliver new-line revenue generation from companies who leverage it, the company said.

Currently, if a customer wants to download separate but connected wallet passes, they have to download them individually and add them to their mobile wallet on either iOS or Android. That can take a lot of time, the company said.

READ: Fobi AI part of pilot tracking key milestones for 8112 universal digital coupons

With the new bundling feature, an attendee at a conference could download a Fobi Passcreator containing a registration pass for check-in, a ticket to the Keynote speech, a lunch voucher, separate passes for afternoon breakout sessions and a pass for the VIP wine and cheese mixer in the evening, all in one place.

“This new wallet pass bundling solution is just another example of the innovation and agility that we bring to the market,” CEO Rob Anson said in a statement. “Passcreator by Fobi is one of the most successful and most respected wallet pass companies in the world, and we got there by constantly driving innovations that improve the user experience and help drive new top-line revenue for companies through increased engagement and sponsorship opportunities.

For companies looking to drive revenue, Fobi noted that a train station network service provider could provide a wallet pass with customers’ validation for network access that also included passes promoting affiliated retail stores in the train station.

That would let companies sell sponsored access to promoted wallet passes, generating new-line revenue.

“We have already had significant interest in this functionality from various prospects and sectors, and so once again we have delivered what our prospects and customers are asking for,” Anson added.

Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com

Follow him on Twitter @andrew_kessel

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