PassVerse was initially launched in 2012 as a software-as-a-service provider for Passbook passes. However, due to intense competition, it was restructured into a standalone platform, distinguishing itself in the market with its .Net framework. Based in London, PassVerse is offered in two pricing tiers: £199 without the source code and £499 with the source code. Transactions are facilitated through a third-party service that provides VAT support, with fees of 5.9% plus $0.95 per transaction. Purchasers receive manual email instructions to access their purchases. The platform and its accompanying website are developed in .Net (C# and ASP.Net MVC 4).
The sale includes the full source code, a domain, and associated social media accounts. As Apple continues to expand its Passbook to integrate with Apple Pay and Apple Watch, there's a growing market opportunity for Passbook technology which PassVerse, being standalone and .Net-based, can capitalize on. The sale stems from the owner’s need to focus on freelance work and a mortgage application, which detracts from their ability to support and update PassVerse.
Post-sale support will be provided to ensure a smooth transition for the new owner, who can further enhance the revenue potential with increased advertising and refinements in documentation and installation processes. Plans for future updates, including 1.x releases and a 2.0 version, are available. Interested parties are invited to inquire for further details.
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1. Agreements & Contracts.
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