Friday, 30 July 2021 12:17

1receipt advocates paperless receipts to encourage businesses to operate more sustainably

By

 

Fintech startup 1receipt issues and manages customers’ digital receipts in a smartphone app. And unlike other digital receipts, shoppers are not required to share their personal information.

The future is paperless. Today, brands are starting to shun paper receipts as a way of adapting into a more digital environment and to operate more sustainably.

Businesses are now shifting to e-receipts as an alternative. However, e-receipts require stores to collect a customer’s email address and personal information, which may be an inconvenience as some customers do not like disclosing sensitive information for privacy reasons. Retailers can also use this to spam a shopper’s email address with marketing content.

This is where Melbourne-based fintech startup 1receipt comes into the picture.

1receipt substitutes paper receipts, and it issues, stores, retrieves, and manages digital receipts in a smartphone app. Shoppers can easily retrieve their e-receipts by scanning an exclusive barcode on their phone at checkout point.

Unlike other digital receipts, shoppers are not required to share any personal information to retailers.

According to 1receipt, it solves and addresses multiple issues such as:

• It saves millions of dollars (for example: it annually costs $350M of paper receipts only for ten major retailers in Australia). The papers are wasted and just goes to the trash bin.
• Over 8.5 million trees cut every year only for producing paper receipts. As such, 1receipt can help mitigate cutting and usher a more sustainable option. 1receipt also adds that it can stop the dumping of at least 3.3 million kg/year paper wastage in Australia.
• It's hard for the retailer to convert regular shoppers to loyal members at the point of sale.
• There is a risk of sharing data on email and SMS receipts.
• US researchers have confirmed that touching paper receipts can cause cancer.

1receipt has started implementing in IGA stores in Melbourne and are working with point of sale (POS) providers in Australia to integrate the app into their POS.

Read 1220 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here

GET READY FOR XCONF AUSTRALIA 2022

Thoughtworks presents XConf Australia, back in-person in three cities, bringing together people who care deeply about software and its impact on the world.

In its fifth year, XConf is our annual technology event created by technologists for technologists.

Participate in a robust agenda of talks as local thought leaders and Thoughtworks technologists share first-hand experiences and exchange new ways to empower teams, deliver quality software and drive innovation for responsible tech.

Explore how at Thoughtworks, we are making tech better, together.

Tickets are now available and all proceeds will be donated to Indigitek, a not-for-profit organisation that aims to create technology employment pathways for First Nations Peoples.


Click the button below to register and get your ticket for the Melbourne, Sydney or Brisbane event

GET YOUR TICKET!

PROMOTE YOUR WEBINAR ON ITWIRE

It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

BACK TO HOME PAGE
Kenn Anthony Mendoza

Kenn Anthony Mendoza is the newest member of the iTWire team. Kenn is also a contributing writer for South China Morning Post Style, and has written stories on Korean entertainment, Asian and European royalty, Millionaires and Billionaires, and LGBTQIA+ issues. He has been published in Philippine newspapers, magazines, and online sites: Tatler PhilippinesManila BulletinCNN Philippines LifePhilippine StarManila Times, and The Daily Tribune. Kenn now covers all aspects of technology news for iTWire.com.

Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments