PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

NRF Updates Digital Receipt Standard

By Mercator Advisory Group
June 28, 2011
in Analysts Coverage
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
How Much Do Your Customers Want To Be Hugged?

Beautiful Waitress Charging Customers Bill With A Credit Card Terminal

In an announcement Friday, the National Retail Federation has made version two of its Digital Receipts standard available for retailers, vendors, developers, and integrators. The announcement points out that “digital receipts have become a hot topic in the retail and payments industries as many consumers are using electronic receipts for seamless returns and exchanges as well as coupon redemption.” The revision includes improved guidance around “full alignment with the widely adopted retail transaction log standard, support for multiple recipients, delivery types and receipt formats, and introduction of a unique receipt identifier to address data integrity across multiple applications including mobile devices.”

“Retailers love digital receipts because they are environmentally friendly and provide their shoppers with added convenience, especially since mobile devices now play such a large role in the shopping experience,” said ARTS Executive Director Richard Mader. “We believe the release of Version 2 of the standard will accelerate the adoption of digital receipts in years to come.”

“Our team goal in developing Version 2 was to meet the consumers’ demand to have all of their receipts stored in one place and in the same format for easy access regardless of the issuing retailer or retail channel,” says Birame Sock, CEO of Third Solutions and chair of the ARTS Digital Receipts committee. “Implementing Version 2 will enable all companies offering digital receipts applications to provide retailers, consumers and POS providers a complete solution for storing and accessing receipts for various purposes in a secured and private manner.”

Several POS providers have already committed to supporting the standard and plan to make digital receipts available to their retail clients in upcoming versions of their POS software.

The ARTS Digital Receipt Committee was formed last year and involved a number of retail technology experts from various ARTS members, including Third Solutions, ViVOtech, CellPoint Mobile, Escalate Retail, Sasktel Labs, IBM, Lowe’s, Verizon Business and Wincor-Nixdorf.

ARTS plans to continue its work on adapting its standards to new retail developments, including Digital Coupons and Mobile Payments and Social Commerce initiatives. Version 2 of the Digital Receipt XML Standard specification and related documents, including the opportunity to provide the committee with comments and suggestions for addition enhancements, can be downloaded free of charge on the ARTS website.

Click here for more.

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Tags: Merchant Acquiring

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    ai phishing

    The Fraud Epidemic Is Testing the Limits of Cybersecurity

    February 6, 2026
    stablecoins b2b payments

    Stablecoins and the Future of B2B Payments: Faster, Cheaper, Better

    February 5, 2026
    Payment Facilitator

    The Payment Facilitator Model as a Growth Strategy for ISVs

    February 4, 2026
    Simplifying Payment Processing? Payment Orchestration Can Help , multi-acquiring merchants

    Multi-Acquiring Is the New Standard—Are Merchants Ready?

    February 3, 2026
    ACH Network, credit-push fraud, ACH payments growth

    What’s Driving the Rapid Growth in ACH Payments

    February 2, 2026
    chatgpt payments

    How Merchants Should Navigate the Rise of Agentic AI

    January 30, 2026
    fraud passkey

    Why the Future of Financial Fraud Prevention Is Passwordless

    January 29, 2026
    payments AI

    When Can Payments Trust AI?

    January 28, 2026

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result