Sometimes the concept of Digital Receipts can be confusing. Below is an explanation of the different types of receipts in comparison to Digital Receipts:
Over 600,000 tons of receipts are used each year. It takes 17 trees, 19,000 gallons of water and 390 gallons of oil to produce 1 ton of receipts. 10 million trees are cut down each year to produce these receipts. The majority of paper receipts are manufactured using non-recyclable thermal paper creating a vicious cycle that ultimately adds to paper waste that accounts for 25% of all landfills in the U.S. All these resources are used to create an unmanageable paper receipt that has an average lifespan of only 3 seconds.
With web receipts, the customer is required to go to each retailer’s website to view or download a digital receipt. This system becomes extremely cumbersome and impractical when you consider the number of stores and restaurants the average consumer visits in a week. This is one of our competitive advantages; we will provide a central hosting website where the consumer can access all of his receipt data.
This type of e- receipt takes far too much valuable time at the POS. A long line could be an infinite number of lost sales, especially in a fast paced retail or food service environment. Once sent, the email containing the receipt is likely to get lost or overlooked in the spam email box. Most importantly, this system fails to provide one of the most valuable aspects of an electronic receipt program – the ability to track customer purchasing data.
Digital Receipts
Digital receipts are different: Digital receipts are created directly at the POS and are very similar to email receipts. However digital receipts offer itemization and manageability. 3SecondReceipts’s digital receipt platform is a combination of POS software and user friendly webtools that allow a user to login to one central website and access all of their receipts. These receipts are itemized and manageable , enabling the user to search by item, retailer or date: a revolution in receipt organization. Digital receipts can be accessed anytime, anywhere in the world.