NAB launches mobile digital receipt with Slyp integration

Australian financial institution NAB has launched a digitised receipt product allowing customers to digitise any paper receipt, through the NAB Mobile App. The solution, developed in partnership with Australian fintech provider Slyp, is designed to make keeping invoice records easier for customers by enabling them to scan and store receipts.

NAB Executive general manager Small Business, Leigh O’Neill, said the Slyp feature would save time for people running small businesses who are constantly on the move: “Our small business customers continually ask us for ways we can help them save time on administrative requirements, to allow them to spend more time with their own customers. This feature in our Mobile App provides customers with a simple and easy way to access the many receipts they collect, which is particularly helpful for managing administration and tax requirements and can also provide peace of mind for proof of purchase or product warranty needs.”

The in-app ‘receipts’ function represents the first phase of Slyp’s capabilities to be rolled out into the NAB Mobile App. The next phase being deployed in coming months, will allow participating retailers to send customers automated digital receipts via the NAB Mobile App – eliminating the need to scan. NAB says it will be the first Australian bank to deploy the smart receipt technology with Slyp.