TECH OFFER

Contactless Digital Receipt & Data Analytics Platform for Retailers

KEY INFORMATION

TECHNOLOGY CATEGORY:
Infocomm - Big Data, Data Analytics, Data Mining & Data Visualisation
Infocomm - Internet of Things & Wearable Technology
TECHNOLOGY READINESS LEVEL (TRL):
LOCATION:
Singapore
ID NUMBER:
TO171344

TECHNOLOGY OVERVIEW

The company offers offline retailers the opportunity to use a frictionless NFC based IoT e-receipt platform to gather customer profiles with purchase data while eliminating wasteful and expensive use of thermal paper, and providing a contactless checkout process

Current offline retailers are having challenges to identify 100% of their customer base with traditional toolkits (e.g. loyalty programs, voucher systems, etc) versus online retailers who have customer logins.

The platform allows customers to get their receipts digitally via a tap of their smartphone at the checkout counter, whilst enabling retailers to identify and build consumer intelligence and customer profiles. 

TECHNOLOGY FEATURES & SPECIFICATIONS

Technology Features:

- Digital Receipt Issuance
- System of Intelligence
- Fraud Detection
- Consumer Profiles
- Works with existing POS systems
- Can be integrated with existing loyalty programs

POTENTIAL APPLICATIONS

The technology would be applicable for brick and mortar retail chains and mall operators.

Benefits

- Contactless, cost-saving system for hassle-free retail experience
- Obtain Demographic and Psychographic data of their consumers’s preferences and lifestyle to enable optimal product stocking decisions

 

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