The Receipt Card System is a patent pending concept for the retail and business customer that would ultimately eliminate the need to retain paper receipts for purchases, store returns, expenditure tracking, and rebate/warranty processing.

Very similar to a loyalty card, the receipt card system may be a key-chain tag or credit card size product that would contain a personal identifier to the customer via a barcode, magnetic strip, or other technology. The customer may also assign a secret code or password if the physical receipt card were not present at point of purchase.

The receipt card may also be linked up to a user’s major credit or debit card whereby all transactions made on the credit/debit card would also link into the receipt card database.

Upon checkout of a store, the customer would be able (at participating stores) to scan or swipe their receipt card which would electronically upload all purchase receipt information to a personal database. The personal database would be managed by one or more Information Technology Providers (ITP’s). ITP’s may be but are not limited to Software Application Companies, Electronic Commerce Solution Providers, Point of Sale (POS) Solution Providers, Internet Information (Search & Advertising) Engines, and Consumer Credit Card Providers.

The customer, upon completion of shopping activities, would then be able to login to their myreceiptcard.com (or similar) personal and private web account to access their archived receipts.

In addition to accessing and printing receipts, the website may also enable the customer to maintain a personal database of expenses, run purchase reports, create purchase, graphs/charts, access/receive coupons, submit warranty and rebates, perform cost modeling, and find competing local stores offering lower prices on like items.