Digital Receipt

Almost everyone knows the frustration of keeping receipts and not losing them. Especially people who must do lots of declarations. Receipts get lost or they need to be scanned before they can be used in digital ways. Online bank statements come with the shortage of transaction details who do not clarify how the total amount of the transaction is constructed and are sometimes even under an unfamiliar business name. Whether one wants to just be reminded of what they bought in the store or do a declaration: saving and organizing receipts is important and nowadays this goes wrong very often. Another facet is the use of actual paper receipts. Not only are they inconvenient, they also need trees to be made. If the Albert Heijn fully digitalizes their receipts, 10.000 less trees worth of paper have to be produced. (Either via cutting them, or recycling)

Digital Receipt is a digital platform that saves all receipts digitally to your account on the platform. Customers can create a customer account for free and receive a card. When doing a transaction, either the smartphone or their Digital Receipt Card can be scanned,. The card is received for free when registering at the service and contains a unique barcode that can be scanned at any store. The usage of a smartphone comes with the benefit that it makes the service more accessible for the consumer. The benefits of the card are that it makes you independent of your phone battery and also makes you able to let anyone else do a purchase for you. Furthermore, no bank account details are needed when registering an account making the step for a customer to use this service very low. Not only does it solve an inconvenience that anyone can relate to, it also saves money and paper. Digital receipts is a step up to a paperless future edit 1 in response to a question by ACE: The idea is that there is a physical card AND a scannable code on the smartphone. Some people prefer a card, others prefer a smartphone. The receipts themselves will be added to 'your database' by the shop when the code is scanned. Your receipt will be available immediately and is automatically sorted. On the phone/web platform, it is possible to 'google' (search through) your receipts via keyword, but also via specific filters (E.g, food, drinks, medical etc.) Ideally, the receipt will be added to your database when you pay with your phone (this is something that's done more and more). The problem with this however is how we as a company can make profits. This is also something we like to explore more during this event. edit 2 after questions from Medtronic Q:How to know what kind of receipts you have?(proof of ownership, short term and long term) A: We give you the option to categorize your receipts yourself. Provide a search function, and options to tag your receipts (e.g. 'samsung phone mediamarkt 2016') which you can then also search on. This way you can also tag them as 'proof" or other categories. Q: How does a shop know your receipt is genuine? A: The shop uploads receipts to the database, so it can be traced. Furthermore the receipt is linked to a bank account which is linked to individual(s) (via a trusted digital identification service), so this can also be traced. Every receipt will be personal and real. Q:How to stop someone from generating fakes? A: We upload through shops. Every transfer is encrypted. When uploaded this way, third parties have less insight. The shop can decrypt the receipts again. So if a receipt is a perfect match with looks, it still has to be decrypted on the backend. Q: How are we going to secure everything? A: Encrypt everything. Database is also encrypted. We found a trusted encrypted digital identification system, already used by several companies. Some strategies from public key encryption may prove useful. Q:How do you get the receipt? A: You can scan a barcode on either your phone or on a card. Then this is uploaded to your database. Possibly you can link your database to your bank account, so that it is automatically done. Q:Transfer of ownership A:This is interesting, we are not entirely sure how this would be done. Currently this digital identification service is again our main interest for this.