Receipt Email Services Becoming A Startup Business Model
Square started the whole “bill anywhere, accept payments anywhere, email the receipt” thing but the emailing receipt piece has become the business model for one startup called “yReceipts“. yReceipts is special because it lets both the shopper and the retailer manage receipts – more like a marriage between shoeboxed.com and squared minus the payment hardware. yR lets you link your debit or credit card directly with your account — what this means is that you receive a yreceipt to your email for every transaction on your credit or debit card (could be classified under self-generated spam if you are a heavy shopper). For the retailer yRetailer has a fairly straight forward solution that fits directly into existing POS solutions, no overhead cost of buying new payment processing hardware. Good stuff, more startups will be getting on to this train soon. Watch out Square!


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