Free Receipts for Fetch Rewards 2021: How it Works

Fetch Rewards, a leading loyalty program, has just unveiled its updated receipt-scanning technology that makes it easier than ever to earn rewards. The app uses AI-powered computer vision to decipher printed receipts from various retailers and products, providing valuable insights into consumer behavior.

What's Behind the Technology?

The new tech is the result of a two-year project code-named 'Theia,' involving over 100 people across multiple teams. According to David Berk, Group President of Product and Technology at Fetch, the update is designed to better decipher printed receipts, providing a more seamless experience for users.

How Do Free Receipts Work?

To earn rewards, simply scan and upload your receipts via the app. Retailers use different codes on their receipts to refer to the same product, which can make it challenging for companies to track in-store purchases. Fetch's technology bridges this gap by providing a unifying standard for receipt data.

What Do Consumers Get Out of It?

In exchange for sharing their receipt data, consumers receive rewards such as discounts or free products from corporate partners like General Mills. These partners use the insights gained from Fetch's app to better understand customer behavior and develop targeted marketing campaigns.

Why is this Update Important?

The ability to track in-store purchases has long been a challenge for consumer packaged goods companies. With no standard unifying code for receipts, companies have struggled to gain accurate insights into shopping habits. Fetch's updated technology solves this problem by providing a more comprehensive understanding of customer behavior, allowing brands to create targeted campaigns and special offers.

Fetch Rewards' free receipt scanning app has revolutionized the way consumer packaged goods companies interact with their customers. By making it easier for consumers to share receipt data, Fetch is helping brands better understand shopping habits and develop more effective marketing strategies. With its updated technology, Fetch is poised to continue growing as a leading player in the loyalty program space.

Free receipts for fetch rewards 2021