The Shopping Mall Receipt Converter by FormX.ai utilizes advanced Optical Character Recognition (OCR) technology to effortlessly extract data from receipt images. Users can upload or photograph their receipts, and the tool automatically identifies and extracts key information such as merchant names, purchase dates, and total amounts. This service is ideal for personal finance management, accounting, and expense reporting, streamlining data entry and enhancing efficiency. With a focus on user privacy, FormX.ai ensures that all processed data is deleted after extraction, making it a secure solution for managing receipts.