Wells Fargo Reaches 100 Million E-Receipts

The bank began offering the service two years ago.

Wells Fargo (San Francisco) announced this week that two years after introducing an e-receipt option at its ATMs, the service has been used more than 100 million times.

The e-receipt option allows Wells Fargo online banking customers the choice to either have an ATM receipt sent to an online banking inbox or to a designated personal e-mail account. Twelve percent of all receipt eligible transactions result in an e-receipt today, said the bank.

When customers visit the inbox they designated to have the e-receipt sent, they see an e-mail message that includes an electronic version of the receipt.

According to the bank, an e-receipt option is now offered for teller transactions in Wells Fargo locations across the country.

Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio