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FOBI AI adds to company’s tech stack with the release of Wallet Pass SaaS Platform

FOBI AI adds to company’s tech stack with the release of Wallet Pass SaaS Platform

FOBO AI CEO Rob Anson joined Steve Darling from Proactive to share news the company has launched a new PassPro Wallet pass product. This SaaS platform with enhanced functionality for Fobi in key verticals such as Retail, Sports & Entertainment, and Hospitality & Tourism. Anson telling Proactive Fobi will make money from this new platform from initial setup fees, per Wallet pass licensing fees, and managed service fees, which will be a new revenue stream for Fobi. According to a report from IndustryArc, the Mobile Wallet Market is forecast to reach 255 billion by 2025.