Electronic Receipts Vs Paper Receipt - Which one serves the purpose most for businesses?

[King Belieal]

When it comes to business transactions, especially for organisations, the receipts which is proof of payment is very essential. It is always advisable to document and store your receipts in case of any need for reference.

The advent of electronic banking has made e receipts more popular too. Which means do you prefer to get receipts? Electronic receipts or a paper receipt?

 

[Fidelia]

I think businesses should embrace more of electronic payments in making orders because the E receipts can better be kept without any risk of losses than the paper receipts.

 

[eLdavis]

Both are extremely important and also have their advantages. There are some customers who even prefer an electronic receipt.

 

[magnus2022]

I don't think there is much difference. Receipt is receipt, the form is not all that important. A lot of smart business owners is shifting to electronic because is more professional and makes business looks matured.

 

[King Belieal]

I don't think there is much difference. Receipt is receipt, the form is not all that important. A lot of smart business owners is shifting to electronic because is more professional and makes business looks matured.

Electronic receipts are more irrefutable and can easily be tracked even if one party to the transaction misses their own copy. Paper receipts are more likely to get missing overall.

 

[Augusta]

The two serve the purpose but because of the era we are in which everything is about digitalization then e-receipt isn't a bad idea.