SEE ALSO: Investment firm NextGen Funds launches AI fund for startups About Slyp – an Australian fintech The platform then creates & matches the smart receipt to the bank cards of customers, sending it directly to the banking app within seconds after the payment is done. The technology of Slyp integrates seamlessly to the merchant PoS system which allows near real-time captures of the relevant tax receipt data. The smart receipts feature will benefit both retailers and consumers as the use of digital payments continues to accelerate, she adds.Ĭustomers of NAB can opt-in for this feature within their NAB mobile app itself.
The pandemic has seen retailers move more and faster towards contactless payments. Ms Marinkovic adds that if the customers ever need to look back or share their receipt, it is easily accessible inside the NAB app. NAB Executive on partnering with SlypĪna Marinkovic, NAB Executive said the bank often hears from its customers that receipts are not needed or lost, so she thinks smart receipt will make life a lot easier for them. The bank says that it will be adding hundreds of retailers to its network in the next year.
It will also be possible for customers to scan and save receipts within the NAB app itself from the non-participating retailers. Customers of NAB will automatically receive itemized Smart Receipts from participating retailers directly in the NAB app at the time of purchase.įew of the participating retailers are Harris Farms, Barbeques Galore, CUE and Chemist Warehouse. In a first, Big Four bank National Australia Bank has partnered with Australian fintech Slyp to introduce Smart Receipts as a feature in its mobile banking app.
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