Refund Giant
About Refund Giant
Revenir automates VAT recovery for international purchases by utilizing machine learning and optical recognition to identify eligible transactions, allowing users to upload receipts directly through their banking apps. This eliminates the need for complex forms and long wait times, ensuring refunds are processed and delivered to accounts within 48 hours.
```xml <problem> Travelers often struggle to reclaim Value Added Tax (VAT) on international purchases due to complex paperwork, long queues at airports, and high commission fees charged by reclaim merchants. This results in a significant portion of eligible VAT refunds going unclaimed. </problem> <solution> Revenir automates VAT recovery for international purchases by partnering with banks and card providers to offer a seamless, white-label solution directly to their customers. By integrating Revenir's API or dedicated portal, banks enable their customers to reclaim VAT by simply uploading pictures of their receipts through the banking app. Revenir's platform leverages machine learning and optical recognition to automatically identify eligible transactions and process refunds, eliminating the need for complex forms and long wait times. The platform facilitates seamless processing and swift delivery of VAT refunds directly to the user's bank account, typically within 48 hours of barcode scanning at the departure terminal. </solution> <features> - White-label solution for banks and card providers, offered via API integration or a dedicated portal - Mobile app integration allowing users to upload receipts directly through their banking application - Machine learning and optical recognition technology to automatically identify eligible VAT transactions - Automated VAT reclaim barcode supplied through the application for scanning at automated kiosks - Partnerships with local tax authorities for seamless processing - Sustainable AWS hosting solutions with energy-efficient data centers powered by renewable energy sources - Website designed to be environmentally responsible, achieving a Website Carbon score of A+ </features> <target_audience> Revenir primarily targets banks, credit card providers, and their customers who travel internationally and make purchases eligible for VAT refunds. </target_audience> ```
What does Refund Giant do?
Revenir automates VAT recovery for international purchases by utilizing machine learning and optical recognition to identify eligible transactions, allowing users to upload receipts directly through their banking apps. This eliminates the need for complex forms and long wait times, ensuring refunds are processed and delivered to accounts within 48 hours.
Where is Refund Giant located?
Refund Giant is based in London, United Kingdom.
When was Refund Giant founded?
Refund Giant was founded in 2019.
- Location
- London, United Kingdom
- Founded
- 2019
- Employees
- 9 employees