Shoeboxx wants to get retailers and consumers onboard with its idea of creating a digital repository for receipts. The idea is that a customer carries a Shoeboxx card, which a retailer can swipe at its tills. The receipt is then sent electronically to the customer’s account online where they can store and view all their receipts in one place.

The company says that as well as being environmentally friendly, the system allows customers to keep track of their expenses and retailers have the option of placing additional advertising on the online receipts.

Shoeboxx says that it is in negotiations with several major retailers to set up pilot programmes of the service. The basic business model would involve it being free for both retailers and consumers to use; with the company behind the site making money by charging only for enhanced services, such as corporate customers who want to use it as an expenses tool.