When you shop using your credit card, your proof of purchase is the credit card thermal paper. Credit card thermal papers are always used in every credit card transaction. Without the credit card thermal paper, there is no proof that a purchase as been made.
The thermal paper is very important for the credit card company, the merchant and the shopper. Ever wonder why they ask you to sign 3 pieces of credit card thermal papers for every transaction? The receipt is proof of purchase for all three parties involved.
Thing to note about credit card thermal papers
Credit card thermal papers is important to merchants. Merchants are the boutiques or shopping malls where you used your credit card. The thermal paper acts as the receipt and is proof that a purchase and transaction has taken place. Without the receipt, there will be no paper trail that a purchase has occurred. The credit card receipts are also used for transaction audits for sales and tax purposes. The receipts are kept in a safe place for future reference.
Credit card thermal papers are doubly important for shoppers. It is a valid document that proves that the shopper paid using the credit card. When the credit card statement comes out, the shopper can check all her receipts to see if all transactions recorded in the statement are valid. In addition, in the event that a return needs to be done, the shopper can simply present her credit card receipt to return or replace the purchased item.
The credit card receipt include the date and time of transaction. This is important to clear misunderstanding between the merchant and shopper in case a dispute occurs. Also, this is important since all credit cards have billing cyles. Checking the transaction dates would allow the shopper to know if the transactions fell within their billing cycle.
Credit card thermal papers are very important since it is the only way to prove a purchase. Sure, the credit card terminal has it on record but you need to keep your own copy. It is also worth noting that credit card companies charge when you ask for a copy of your receipt.
For credit card companies and merchants
Credit card thermal papers are an important piece of the business. Shoppers would want a clear copy of their transactions. Since these receipts are kept for reference purposes, we need to make sure that credit card thermal papers have clear printing. Moreover, we need to make sure that receipts won’t fade in five years.