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Travel. Refund instantly. Spend again

The AI travel data hub powering instant tax-free
refunds and personalized journeys.

The brain behind every journey.

NOOVAT fuses flights, stays, spend, and decide in milliseconds. Personalization for travelers, instant tax-free refunds.

NOOVAT
Cash
Calendar
Sheets
Flight
Hotels
NOOVAT app on multiple devices

Refunds weren't designed for travelers.

Long lines, paper forms, airport kiosks, weeks‑long waiting.

Merchants lose conversions - Banks miss deposits - Travellers give up...

Time wasted.

Low claim rates

Long settlement cycles

Lost loyalty

Tax Free Refunds.

Scan. Money now. Verify later.

Instant payouts provided by banking partners. Tax-free refunds subject to eligibility and export verification upon leaving the country.

Phone with the application open

Snap

Traveller snaps the tax free receipt.

Elegibility

NOOVAT verifies identity, trip and eligibility.

(Flight ticket, location, spend thresholds)

Money landed

Instant advance lands in wallet/card; Traveller keeps moving, no kiosks.
NOOVAT/ESOF®

ESOF® — Efficient Split of Funds

An orchestration layer that divides a single POS transaction into Merchant Net, an Instant Tax-Free advance to the traveler, and NOOVAT fees — in real time, with audit-ready traces.

Real-time
Advance tax-free at checkout
Compliant
Traceable, audit-ready
Frictionless
No kiosks. All-digital.
POS Terminal
One transaction → Three settlements
Auth/Capture
Total = Net + VAT
Merchant Net
Settlement next business day
NOOVAT Fee
Settled in-flow
Traveler Payout
VAT - Fee (Instant)

Travelers receive the VAT advance instantly; merchants avoid refund ops; acquirers/issuers get cleaner flows; governments gain higher-quality, digitized export-validation data.

How ESOF® Works — Happy Path (Export Validated)

T0
At the store (one card transaction)
  • Auth/Capture = Net + VAT (tax-free amount embedded)
  • Traveler identifies in NOOVAT app (passport, boarding pass, KYC)
Split
ESOF® fund orchestration
  • Acquirer executes split in-flow
  • Pay Merchant_Net (scheduled T+1/2)
  • Instant payout to Traveler = tax-free amount - Traveler_Fee
  • Settle NOOVAT_Fee
T+Validation
Export validation & clearing
  • Digital export validation synced
  • Claim closes; records archived
  • If not validated: debit traveler’s method per ToS
Traveler
Instant refund; app-first UX
Merchant
No refund ops; less churn
Acquirer/Bank
Cleaner flows; new fees
Government
Higher-quality data
ESOF® is infrastructure: an API-first orchestration layer that’s acquirer-agnostic and designed to be plug-and-play with POS, e-commerce, and wallet rails.

Acceptance at the speed of a firmware update.

GetNet POS flags eligible transactions and embeds a QR or transaction token.

NOOVAT links the purchase, receipt, and traveller profile.

No acquirer change required, just an enablement.

Acceptance Section
  • →ISO 20022/REST webhooks for status & reconciliation.
  • →Tokenized link between transaction and traveler (PAN‑agnostic).
  • →Merchant settlement rules; refund split logic.
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Instant - Never Reckless.

Instant advance is conditional - Final settlement is contingent on export validation.

→ KYC/AML at onboarding. PEP/sanctions checks.

→ Trip-aware risk scoring (Ticket + location + spend pattern) .

→ Export validation required (DIVA/PABLO or customs equivalents) .

→ Reserves, caps and dynamic limits; Claw-back rules on non-validated exports.

Phone with the application open

Turn refunds into deposits,
loyalty, and merchant stickiness.

→ Deposit growth via Santander/Openbank wallets/accounts credited instantly.

→ Spend capture as travelers re-spend the refund on Santander rails/cards.

→ Merchant retention: GetNet becomes the “instant-VAT” acquirer.

→ New fee streams: instant refund fee, FX/DCC, interchange lift*.

→ Data edge: compliant insights on traveler flows and merchant performance.

Turn refunds into deposits

Faster refunds, higher conversion.

  • →Shoppers buy more when refunds are instant.
  • →Lines disappear; Staff focus on selling, not paperwork.
  • →Lower refund abandonment → better tax free ROI.
  • →Co‑marketing with Santander/GetNet drives footfall.
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The Pilot.

Tier-1 airports + GetNet's merchants.

GetNet POS firmware flag + QR/token; NOOVAT app promotion

in-store and on receipts.

Spain
Instant-refund adoption rate
Avg. time-to-refund (s)
Merchant NPS / checkout time delta
Incremental basket size & conversion
% refunds directed to Openbank wallet/card
Export validation compliance rate