11

Going receipt-freeGoing receipt-free

CS410 September 21, 2009CS410 September 21, 2009

22

Societal ProblemSocietal Problem•Excessive paper usage - paper receipts

in stores

•Waste of natural resources

•Air and water pollution during production

•Big impact on municipal waste management: 33% of all waste*

• (*) "Municipal Solid Waste Generation, Recycling, and Disposal in the United States: Facts and Figures for 2007." U.S. Environmental Protection Agency. November, 2008. p.4 <http://www.epa.gov/epawaste/nonhaz/municipal/pubs/msw07-fs.pdf>

•Excessive paper usage - paper receipts in stores

•Waste of natural resources

•Air and water pollution during production

•Big impact on municipal waste management: 33% of all waste*

• (*) "Municipal Solid Waste Generation, Recycling, and Disposal in the United States: Facts and Figures for 2007." U.S. Environmental Protection Agency. November, 2008. p.4 <http://www.epa.gov/epawaste/nonhaz/municipal/pubs/msw07-fs.pdf>

33

CustomersCustomers•Stores: spend less on buying paper, storing,

printing

•Shoppers: reducing paper clutter, recycling

•Stores: spend less on buying paper, storing, printing

•Shoppers: reducing paper clutter, recycling

Potential MarketPotential Market•Big: many companies aim to become

greener•Big: many companies aim to become

greener

44

Existing and Suggested Solutions

Existing and Suggested Solutions

•email (Apple Inc.)

•banks, credit card companies to store detailed receipts*

•smart cards

•Neat Receipt scanners

•(*) Chadwick Matlin. "Receipt-free future: Just a dream?" MSN Money. <http://articles.moneycentral.msn.com/Banking/FinancialPrivacy/receipt-free-future-just-a-dream.aspx>

•email (Apple Inc.)

•banks, credit card companies to store detailed receipts*

•smart cards

•Neat Receipt scanners

•(*) Chadwick Matlin. "Receipt-free future: Just a dream?" MSN Money. <http://articles.moneycentral.msn.com/Banking/FinancialPrivacy/receipt-free-future-just-a-dream.aspx>

55

SolutionSolution1. Give a choice: print or not to print

2. Use flash memory card to upload receipt

3. Download receipts to PC

1. Give a choice: print or not to print

2. Use flash memory card to upload receipt

3. Download receipts to PC

Software and HardwareSoftware and Hardware1. Software patch to digitize receipts and

upload with one click

2. Card writer/reader

1. Software patch to digitize receipts and upload with one click

2. Card writer/reader

66

• Customer’s Choice• Customer’s Choice

In StoreIn Store

At HomeAt Home

Gives card to cashierGives card to cashier Inserts card into registerInserts card into registerPushes button, uploads receiptPushes button, uploads receipt

Customer insertsCustomer inserts Memory CardMemory Card Into computerInto computer

Loads digital receipts into softwareLoads digital receipts into software

77

Possible ProblemsPossible Problems

•Handling returns

•Find inexpensive solution

•Cost of implementation for merchants ($60,000 - $100,000 per store*)

•IRS and taxes (store receipts at least 3 years)

•(*) Chadwick Matlin. "Receipt-free future: Just a dream?" MSN Money. <http://articles.moneycentral.msn.com/Banking/FinancialPrivacy/receipt-free-future-just-a-dream.aspx>

•Handling returns

•Find inexpensive solution

•Cost of implementation for merchants ($60,000 - $100,000 per store*)

•IRS and taxes (store receipts at least 3 years)

•(*) Chadwick Matlin. "Receipt-free future: Just a dream?" MSN Money. <http://articles.moneycentral.msn.com/Banking/FinancialPrivacy/receipt-free-future-just-a-dream.aspx>

88

ConclusionConclusion

•Provide a choice

•Solve by using existing technology (memory card)

•Start the process

•Provide a choice

•Solve by using existing technology (memory card)

•Start the process