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I Hate Receipts (IHR)

The ubiquitous digital receipt
Austin

About I Hate Receipts (IHR)

I Hate Receipts is revolutionizing digital receipts. Using a sleek checkout experience for card present and online purchases, IHR powers the digtial receipt experience for our partners. Those partners include payment termianls, e.g. Ingenico, Merchant Acquirers, e.g. Payroc, and Card Brands, e.g. Mastecard.

I Hate Receipts' technology turns each receipt into an opportunity for merchants, brands, and partners to interact with the customer after the transaction. By unlocking the data that is currently trapped on paper and emailed receipts, we make every receipt function and feel like an app.

I Hate Receipts' Whitelabled Backend Portal allows Merchants to see valuable data insights on their consumers. The Consumer Data Platform (CDP) that I Hate Receipts provides is sourced from Level 3 Receipt Data. These insights allow SMB Merchants to compete and keep up with big box stores and larger platforms.

I Hate Receipts was hired recently by GS1 to write the digital receipt standards for the FDA and CDC. This Federal Government Contract is revenue producing and allows for future opportunity with the Federal Government.

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Problem statement

Receipts are a wasted opportunity for merchants. Often times the last word a merchant says to a consumer is "Receipt." Would you like your receipt or do you want your receipt? Then, the consumer is out of the door and the merchant is spending a lot of money to try to get them back in the door.

We believe the receipt is not the end of the conversation but just the beginning of the relationship.

I Hate Receipts' Digitial Receipt Experience powers the Backoffice Portal available to merchants and whitelbaled to our partners.

Traction information

In Revenue:
- GS1 (FDA/CDC)- Signed Agreement for Writing Digital Receipt Standard
- Ingenico Master Service Agreement for Axium Devices in North American Region
- Value Added Reseller (VAR) Agreement signed with Premise Bank
- VAR Agreement signed with Payroc
- Acquirer Pipeline includes: WorldPay, US Bank, and Global Payments
- Card Brand Pipeline include: Visa, Mastercard, and Discover

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Milestones

July 2024

Federal Government Contract

We have been contracted by the FDA and CDC through GS1 to write digital receipt standards involving foodborne illness.

December 2022

Terminals Partners

We were able to secure development deals with the major terminal companies including: Stripe, Ingenico, Pax, and Lightspeed

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Funding

Currently raising capital

$1,300,000
committed
$2,000,000
round goal
Total raised to date:$1,300,000

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