What are Digital Receipts?
The digital receipt is a convenient and friendly digital document consumers, businesses, retailers, banks can use to securely send and receive information about e-commerce transactions via the Internet. Applicable to both online and offline transactions, digital receipts allow consumers to easily track purchases and organize expenses, and empowers them to help shape their relationships with retailers. Offer banks, manufacturers, and other b2c, and b2b businesses a cost-effective new channel for communicating with merchants and consumers for tracking, billing and dispute resolution of transactions. Keyfusion will also allow companies to deliver important transaction information to their business partners over the Internet while managing and tracking receipts across the e-commerce value chain.

Digital Receipts allow organizations to track a broad class of enterprise transactions in a non-forgeable, audited and notarized format. By implementing a digital receipt infrastructure, corporations and consumers will have definitive proof that electronic transactions have occurred.

Properly archived, Digital Receipts incorporate the following key features that are needed to elevate e-Transactions to a level where enterprises and consumers feel as secure doing business over the Internet as they have using the traditional paper trail method. Trusted Timestamps gives users proof of when transactions take place. This is critical for time-related transactions such as stock market trades. Digital Signatures ensures the identity of all participating parties. XML Extensibility allows the integration of a wide variety of transactions. The Keyfusion Transaction Architecture guarantees that transactions are accurate, complete, and binding. Unified Infrastructure manages exponential increase in the volume of transactions created by the rapid growth of electronic commerce. Auditing tracks high-value electronic transactions without a paper trail.
back to Keyfusion Systems Inc. home page