The launch of the new AI-driven product has had some great feedback from clients so far.
Below is the new product line.
WAY 2 VAT LTD. (ASX:W2V) - Ann: Launch of world first AI driven automated auditing product, 72416200, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
This is a fintech company with AI technology. VAT reclaim is an ever-changing market, so to stay ahead of the competition W2V has to develop new tools & tech to keep the clientele satisfied they're getting value for money.
There's also the Smart Spend Card, but the company has released little detail about this product since its launch. It has rolled out & there are a few mentions here & there in the Quarterly's. Perhaps it may take off at some point, I don't know.
In a world’s first, Way2VAT ASX W2V launches Smart Spend Debit Mastercard to automate VAT:GST return (youtube.com)
WAY2VAT W2V - YouTube
The global VAT market is huge & right now W2V is focused on B2B (business to business) so far, but perhaps at some point, as W2V grows, it could enter the tourism market. It may never happen, but who knows. All I know is if I were a tourist in a foreign country (I have been many times) I know I would want a "tourist version" of the Smart Spend Card to claim back VAT on any particular items that are claimable. But that's just me, I understand what it's like to stand in an airport line for hours just to claim a few bucks back on some items I bought.
I think there's been other small improvements to the W2V platform itself over the years which have received small mentions in the Annual Reports etc.
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