No more printout hassles as e-receipts to rule retail sector

For retail transactions, printed receipts give purchasers a sense of “guarantee” and “genuineness” for the goods they buy. These receipts, printed mostly on thermal papers, provide details of the purchase date, name and number of goods, price details and grand total. 

Since the print impressions can sustain only for few days, customers find it difficult to document them for future use or when they return or replace them for any defects with the shopkeepers.

With booming smart phones and internet, technology allows businesses in retail and non-retail across the globe to send e-receipts directly to the clients’ mobiles. These receipts, unlike the printed counterparts, are long lasting and can be documented any time in case of future needs.

According to experts, the growth of the global thermal paper market will be largely effected by three factors in the coming decade – growing demand for e-receipts, increasing advertisements on thermal paper receipts, which is cost-effective and thin profit margin of thermal media rolls.

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