4. Merchant Tools

Many existing tools for using digital assets in business don’t match the practical needs of merchants. On-chain payments are often disconnected from point-of-sale (POS) and accounting systems, making it harder to track sales, report tax, and trust digital assets in everyday operations.

In many jurisdictions, business owners may be required to treat digital asset receipts as income and to account for sales or goods and services taxes (GST/VAT) in a similar way to fiat transactions. Most general-purpose crypto wallets do not help merchants organize this information, which adds extra admin and slows down adoption.

Many early adopters of digital assets are small and medium-sized enterprises (SMEs) that are willing to experiment with new technology but often operate with limited technical support. The Company’s focus on straightforward, non-custodial tooling is intended to make it easier for such businesses to trial digital assets alongside their existing infrastructure, if they choose to do so.

APPROACH

The Company is building a set of optional tools for merchants who choose to use digital assets in their business. These tools are designed to make record-keeping easier and reduce day-to-day friction. They do not change any tax or legal responsibilities for the merchant.

Planned merchant features include:

Clear transaction history for reconciliation

Merchants can view a history of incoming transactions in a business-friendly format (for example, showing date, amount, asset, and other key details). This is intended to make it easier to match on-chain receipts to sales recorded in the merchant’s existing POS or invoicing system.

Independent tools

The Company may show links to third-party resources and independent crypto tax tools that merchants can choose to use. Any decision to use a particular tax tool, accountant or advisor is up to the merchant. The Company does not provide tax, legal, or accounting advice, does not endorse any particular third-party service, and merchants remain responsible for complying with their own obligations.

QR code address display

The THAT app may allow users to display a QR code for receiving digital assets. Customers can then send a transfer directly from their own wallet to a user or merchant’s wallet address on-chain using any compatible wallet of their choice. The Company does not hold customer or merchant funds and does not intermediate, clear, or settle these transfers. Displaying a QR code or address is akin to publishing a public identifier; it simply provides a destination for a transfer and does not create any account, stored-value balance or other arrangement, including any payment facility, operated by the Company.

By offering these optional tools in one place, the Company aims to help businesses reduce extra admin, keep clearer records, and serve customers more efficiently when they choose to use digital assets. The Company does not guarantee that using THAT or the THAT app will increase a business’s revenue, customer base, or profitability, or reduce any particular fee or cost. Each business remains responsible for its own commercial decisions, marketing, pricing, and outcomes, and the Company does not guarantee that any tool will meet any specific tax, accounting, or regulatory requirement. Merchants should seek their own professional advice where necessary.