MERIDIAN, Idaho, Sep 14, 2011—Ready Receipts, a provider of cloud-based digital receipts and analytic     technology, now offers merchants electronic receipts and transactional     data mining capabilities and gives consumers online access to their     retail receipts.

In 2009 David Crossett founded Ready Receipts with the goal of creating     a single online location where electronic versions of retail receipts     could be stored and retrieved digitally. The company has now expanded     its vision and aims to offer merchants the convenience of cloud-based     digital receipts for their shoppers and in return, extract item-level     transaction data for use in creating targeted loyalty programs and     promotions. Ready Receipts’ solutions include:

—      Receipt Assurance—an online portal for consumers to access all of       their receipts from participating retailers

—      Analytics, Marketing and Promotion (AMP) Manager—tools for merchants       providing automated receipts retrieval, actionable marketing       analytics, and promotion management measuring true ROI

While a few large merchants currently offer email receipt delivery,      Ready Receipts’ patent pending technology provides online receipts     without the need for customer identification at the point of sale (POS).      By providing digital receipts through AMP Manager, merchants obtain a     360-degree view of shoppers’ purchase habits. With this access,      merchants gain the insight of Level 3 Data without the need for     complicated and expensive POS software, opening up this functionality     for any merchant - from the top 100 to small businesses.

Consumers keep track of all receipts through Receipt Assurance     eliminating the need to access a digital file attached to an email.      Through electronic receipts, merchants also reduce the amount of fraud     and risk associated with falsified returns.

“Ready Receipts has launched its digital receipt program to provide the     drill-down analytics merchants need in order to increase customer     service, business efficiency and create targeted marketing campaigns,”      said Crossett, chief executive officer of Ready Receipts. “With our     technology, merchants can determine the ROI of promotions and better     allocate marketing dollars. Ready Receipts makes digital receipts more     convenient and secure for consumers by eliminating the need to give     personal information to the store while still receiving personalized     loyalty rewards.”

Ready Receipts entered the first phase of its beta in July 2011 with     three participating merchants giving the company access to its receipts.      The second phase of the beta is slated to begin by the fourth quarter of     2011 to offer the merchants a market campaign simulator and manager that     provides a means of acting upon intelligent data direct to the consumer.      The company received its first round of funding in September 2010.

About Ready Receipts

Meridian, Idaho-based Ready Receipts provides a software platform that     makes database driven online receipts simple to adopt for merchants and     consumers without expensive POS software installations. The company’s     patent pending technology goes beyond email receipt programs by enabling     merchants to offer electronic receipts without requiring personal     information from the consumer. Merchants gain access to Level 3     transactional data to produce targeted loyalty programs while consumers     have access to their receipts in a single online portal.

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