There are a number of financial problems that are obvious in daily life, but that nobody has properly solved. The receipt is one of them.
Think about it: you tap your card at a shop, pay digitally, but the data that actually documents the transaction — what you bought, not just how much you paid — disappears immediately into paper, your email inbox, or nowhere at all.
For consumers, this means manual expense tracking, difficulty with returns and warranties, and little insight into their own spending patterns. For businesses, it means high costs tied to manual accounting processes and inventory management. For banks, it means an enormous amount of transaction context that is never capitalised on.
The infrastructure problem
Digital receipts have existed for years, but in fragmented forms: email, PDF, app-specific solutions. The problem is that none of these are systemically integrated into the payments infrastructure.
What Receipts.no does is fundamentally different. They connect directly to existing banking and payments infrastructure — no new app for the consumer to download, no new terminal for the retailer to install. The receipt follows the transaction, not a separate channel.
Tap-to-identify is the natural extension: the same technology that makes it possible to identify the buyer digitally also enables personalised retail experiences and automated loyalty programmes. But it requires the underlying infrastructure to be in place first.
Why now
There are three factors that make this moment right for this kind of infrastructure:
Open API standards. PSD2 and the forthcoming PSD3 regulation in Europe are compelling banks to open data and transaction flows in ways that were not possible five years ago. Connecting a third-party service to payments infrastructure is no longer a technical barrier.
Sustainability requirements. The cost and environmental footprint of paper receipts are under growing political and regulatory pressure. Large retail buyers like H&M and Rema 1000 are actively looking for alternatives. That creates genuine pull from the merchant side.
Banks' appetite for data. Transaction data is valuable, but line-item data is gold. A bank that knows a customer bought a cot at IKEA can offer relevant products and services at precisely the right moment. That is a service, not spam.
Building quietly
Receipts.no is building quietly. That is the right approach for infrastructure. You do not convince banks and retail chains with marketing campaigns — you do it through integrations, partnership agreements, and consistent delivery.
DNB Ventures as a backer gives them the institutional credibility needed to open the right doors. That kind of support cannot be bought. It has to be earned.
Nuko AS is an investor in Receipts.no.