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?