Second Introductory sessions on stocks of TOSEE FANAFZAR TOSAN Co. known with its commercial brand “TOSAN TECHNO” and trade symbol “FANAFZAR” was held in Iran Over-the-Counter (OTC) market also known as Iran Fara Bourse (IFB) Organization building Monday July 23, 2023.

Representatives of company and evaluator company answered the questions registered on IFB IPO and Publishers Data Analysis (TEDAN) sites as well as questions posed by present reporters.

TOSEE FANAFZAR TOSAN Co CEO and Board Member, Mohammad Mazageri insisted on importance of using AI in company products including and droid shopping and payment terminals and said, POS devices are moving toward cloud computing and we are using AI accordingly to move in same direction.

Speaking on importance of digital commerce and its differences with e-commerce, he said, the difference of digital commerce with e-commerce is in providing digital services for offline retailers. E-commerce has a 5% market share in Iran retail meaning 96% of retailers are offline. we can bring more digital services to shops to increase digital commerce share in Iran. Using fintech, money-tech, shop, Artin AI platform and new android POS, TOSAN TECHNO is moving toward digital commerce.

Elaborating on Tech Vesta Group, he added, business integration in digital world has created opportunities for added-value generation. As a member of TOSAN group, TOSAN TECHNO has the chance to absorb the opportunities and capacities created inside the group and enjoy this group capacity for business development.