Nordea is officially going live with digital receipts in Finland. They will be made visible in the Nordea Wallet app, a place where customers manage their daily spending. Launching later this year, Nordea corporate customers will first receive access to this feature, with retail customers following soon after.
ReceiptHero sends real-time receipts to the Nordea Wallet app when a customer pays with their Nordea bank card at any of ReceiptHero’s retail partners, which so far includes hundreds of merchants and restaurants across Finland. With an environmental concern attached, paper receipts have for a long time been the only option to show proof of purchase. ReceiptHero says that opting out of the paper receipt can save millions of trees, and litres of oil and water, which are unnecessarily printed and lead to billions of paper receipts going into the trash.
The Nordea and ReceiptHero integration is the first major bank partnership to go live with digital receipts in the Nordics. ReceiptHero has previously distributed receipts to accounting softwares, Facebook Messenger and via email. The integration should allow for better customer experience showing receipts next to card purchases within the Nordea Wallet app. For corporate customers this makes expense reporting a lot smoother, replacing the need to scan paper receipts and manually send them to the accountant.
“We think the ability to digitise your receipts, as provided by ReceiptHero, will give our customers greater insight into their spending, and a less cluttered financial life," said Tomi Hakari, senior business developer at Nordea Bank. "Having ReceiptHero join us to build out this proposition is an exciting step into the future of finance. Our goal is to scale eReceipt use to same levels that cashless payments are today in Finland.”
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