Digital Receipts [Ideas, Ideas, Ideas] | Posted at 12:39 PM
So I was thinking earlier today, wouldn't it be great if I could view all the receipts from my purchases online in my bank account? Not only would I have a permanent record, if the format was open, I could get a lot of info on my spending habits or even an inventory of what I own.
I figured this was not a new idea and was glad to see that it's being worked on. Well, who knows if it still is, that article is from 9 years ago. The standard (ARTS Digital Receipt XML) is being used by some third parties. The only way for this to work is to get banks on-board so there can be a way to easily view these.
Not only could brick and mortars use these receipts (since they already send your credit card info to a clearinghouse), but online stores could use it too. Which means no more keeping receipts/invoices in a file cabinet! I keep receipts in empty Kleenex boxes… just in case. I don't keep receipts from small or insignificant purchases, only ones where I'd possibly need to return something.
Anyway, I thought it was a good idea and hopefully in the next decade we'll see it come to pass… I can dream, can't I?

Comments
Hey Kamran,
Great idea! My name is Mike and I work for a company called alletronic. We've actually developed a technology similar to what you mention, except it doesn't involve your bank. Simply put, all of your receipts are stored in an online account at www.alletronic.com.
To use our service, you can "link" a credit/debit card or phone number to your account. Whenever you use a "linked" card to make a purchase at a retailer that uses our service or present a "linked" phone number to the cashier at checkout, a paperless receipt instantly appears in your online account.
Anyway, I came across your blog entry and thought you may find our service interesting. No retailers offer paperless receipts in MN yet, but they may begin to in the near future. I'll keep you posted!
-Mike
Posted by: Mike
On October 6, 2009 9:10 PM
Hey Kamran,
Great idea! My name is Mike and I work for a company called alletronic. We've actually developed a technology similar to what you mention, except it doesn't involve your bank. Simply put, all of your receipts are stored in an online account at www.alletronic.com.
To use our service, you can "link" a credit/debit card or phone number to your account. Whenever you use a "linked" card to make a purchase at a retailer that uses our service or present a "linked" phone number to the cashier at checkout, a paperless receipt instantly appears in your online account.
Anyway, I came across your blog entry and thought you may find our service interesting. No retailers offer paperless receipts in MN yet, but they may begin to in the near future. I'll keep you posted!
-Mike
Posted by: Mike
On October 6, 2009 9:10 PM
Amazing post JP.
Once again you have created another nice page that I just have to bookmark, man I have no room left in my browser folders anymore.DONT STOP CREATING GOOD CONTENT!
Posted by: Weißwein
On April 17, 2012 12:47 AM