End-to-end validated: a real tap, a real invoice

Two months of building, and we've hit the milestone that matters most.

A simulated card tap at a merchant terminal — a real virtual Mastercard issued via Thredd, a real payment processed through Square's sandbox — results in a fully itemised tax invoice landing in a consumer's feed. Real card. Real invoice. Real time.

This is the moment the idea stops being theoretical.

Here's what the full flow looks like in our sandbox environment:

A consumer signs up, completes identity verification through Sumsub, and is issued a virtual Mastercard via Thredd (GPS). The card is real — it has a PAN, it has a card token, it can be used to make contactless payments.

At the merchant side, a Square Terminal processes a payment. Our Square integration intercepts the payment webhook, extracts the line items and ABN from the merchant record, and calls our invoice pipeline.

Within seconds, a fully itemised invoice appears in the consumer's feed: merchant name, ABN, line items with quantities and unit prices, GST breakdown, total. Everything the ATO requires for a valid tax invoice. Everything an accountant needs. Everything that, until now, required chasing the merchant or digging through email.

The consumer also receives a push notification — we're using both web push (VAPID) and Expo push tokens for the mobile app, which is in parallel development.

What we validated in testing this month: - Card issuance end-to-end (KYC → Thredd virtual card) - Square webhook ingestion and invoice generation - Real-time SSE delivery to the consumer dashboard - Push notification delivery - ATO-compliant invoice structure with full GST breakdown - Multi-consumer routing (the right invoice to the right person)

There's still a lot to build — the merchant onboarding flow, the mobile app, the business product, the broader terminal integrations. But the core thesis is proven: the tap-to-invoice loop works.

We're now focused on hardening the integration, onboarding our first real merchants, and progressing the seed raise. If you're a merchant interested in early access, or an investor who wants to see the demo, get in touch.