This E-Team developed a digital receipt system for retail and online stores. The system consists of a credit card-sized smart card with an embedded 1 Mb memory to store receipt data, a card reader/writer for stores, and a card reader/writer for the consumer’s personal computer that allows her to upload receipts from the card, organize them by category, and process them using spreadsheets. For an example of how the system works, take a typical return: the consumer hands the smart card to the cashier, who places it in the reader, finds the correct receipt, and matches it with the store’s receipt. With this device the team is looking to solve hassles with paper receipts, make check-out faster, save businesses money, and give the consumer an easy way to manage purchases.
The E-Team consisted of two electrical engineering undergraduate students and one biomechanical engineering undergraduate. David Kelley, founder and CEO of IDEO and currently a Stanford professor, advised the team.