10:50 AM
Wells Fargo Reaches 100 Million E-Receipts
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.
[Related Content: Wells Fargo Helps Customers Track ATM Withdrawals.]
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