Assisted by fintech company Flux, restaurant Itsu is making it easier for merchants to analyze data and continue their crusade to kill the paper receipt, while also streamlining transactions for customers

London-based tech company Flux has a new partnership that is providing shoppers with itemized receipts directly to their bank accounts. Flux and the Asian-inspired fast food chain Itsu are in the midst of a trial period during which the former will provide paperless receipts to Itsu shoppers who pay with a card and opt in to the service.

Itsu is currently the only business partnering with Flux for this trial, but the card-based program hopes to provide additional businesses with more focused data and analytics if the run is successful. This partnership is also Flux’s way of addressing one common challenge: the cycle of needing banks to sign up in order to have merchants and vice versa.

By providing these itemized lists, the initiative allows companies to gauge sales and product interest more easily than with a traditional check out system. Flux has been in the business of streamlining and innovating aspects of the merchant industry and this partnership marks its latest effort.

Flux

Itsu


Lead image: Flux via Twitter

London-based tech company Flux has a new partnership that is providing shoppers with itemized receipts directly to their bank accounts. Flux and the Asian-inspired fast food chain Itsu are in the midst of a trial period during which the former will provide paperless receipts to Itsu shoppers who pay with a card and opt in to the service.

Itsu is currently the only business partnering with Flux for this trial, but the card-based program hopes to provide additional businesses with more focused data and analytics if the run is successful. This partnership is also Flux’s way of addressing one common challenge: the cycle of needing banks to sign up in order to have merchants and vice versa.