This project deals with storing receipts in a virtual environment effortlessly, because the whole process is automated. Saving a receipt in a virtual environment solves a lot of problems and worries with physical receipts. You can filter them according to various criteria, search for purchased items in them, you will receive a notification at the end of the warranty, but most importantly you cannot lose or damage them. You can filter results based on price range, category of purchased goods, date of purchase, end of warranty period, merchant, method of payment or warranty status. There is also the option to use the search box. When clicking on the receipt, the user will see, in addition to the purchased items and their quantity, all other details of the receipt, such as VAT, merchant and his data (ICO, DIC), date of purchase, method of payment, payment registration method and of course BKP and FIK (or PKP). The application also contains product recommendations based on previous purchases or spending on services. Furthermore, we can also find statistics in the application not only about expenses, but also about saved paper. In addition, the entire process of assigning receipts to an account is anonymized, so no one can find out who the receipts belong to until the user requests their assigning to his account.
- Eco-friendly
- Potential to save time while shopping (No need to wait for a receipt)
- All receipts in one application
- Automated shopping list based on previous transactions
- Personalized offers for customers
- Tips for how to save money
- No contact when handing over the receipt (COVID)
- Receipts can be localized
- Reduction of printing costs
- Personalized offers for customers
- “Data enrichment” (like the George application)
- Data visualization -> more customers
- Options to scan existing receipts (OCR) and add them to the app (e.g. tracking warranties)
How does the project you did within HackPrague 2020 contribute to the change you would like to make in FinTech area?
If our project took hold, it would mean a big change in retail and this outdated and environmentally demanding way of reporting payments would disappear.
Of course, everyone will have the question of how the data will be obtained automatically. This will be done directly in the store by connecting the cash register supporting EET to our system through a system administrator (for example Redeggs company). Furthermore, we would like to connect banks with our system, which would gain access (of course with the user's consent) not only to the stores where users buy, but also to the individual items they buy. This will give banks the opportunity for a greater degree of individualization of Internet banking, as well as their services.
Participation in this hackathon broadened our horizons in the field of fintech and helped us to meet new people not only from the private sector, but also from the government, who consulted with us on our project from various perspectives.
