How Receipt works

What Receipt is

You photograph a paper receipt. We read the merchant, the date and the total, and check that it is a genuine, unclaimed receipt. If it qualifies, we set aside a reward in the stock of the brand you bought from.

Rewards are fractional tokenized shares of the merchant, funded from $RECEIPT trading fees. Holding $RECEIPT raises what each receipt pays you — that is the tier ladder below.

How a scan becomes stock

1. Scan — photograph the receipt in the app.
2. Read — we extract the merchant, date and total.
3. Check — we confirm the receipt is genuine and has not been claimed before.
4. Reserve — your reward is set aside and appears in your app straight away.
5. Deliver — the stock tokens are transferred to your wallet.

The tier ladder

What you hold in $RECEIPT, valued in dollars, decides what your receipts pay. Paper is the floor — everyone has a tier, and someone holding nothing still earns.

Your tier is shown in the app, along with how much further you are from the next one.

How your tier is decided

We read your $RECEIPT balance and value it in dollars at the market price.

Your best price of the day counts

Your holding is valued at the best price it reached in the last 24 hours, not the price right now. Moving up a tier happens immediately; a dip in the market will not drop you a tier partway through the day.

What a receipt pays

Your first receipt

Your very first approved receipt has its first $5 paid back in full, then the normal percentage on the rest. A $10.22 first receipt pays $5, plus 3% of the remaining $5.22.

Holders are matched in full

From Silver upward, receipts are matched in full up to your tier’s per-receipt maximum: spend $20 at a tier that allows $20 and the whole $20 comes back. Your percentage then still earns on top of the matched part, so a bigger receipt always pays more than a smaller one.

Every receipt pays at least $5

No approved receipt pays less than $5. A $2.31 coffee pays $5 — the first time and every time. If your daily allowance is too small to cover the $5 minimum, the receipt waits and pays the next day instead.

Limits

Limits are daily, not lifetime. Receipts are a daily habit, so your allowance resets on a rolling 24-hour window and there is no lifetime ceiling on what you can earn.

Why a receipt might be declined

• The photo is not a receipt, or is too unclear to read.
• The receipt has already been claimed — each purchase pays once.
• It is older than 90 days, or above the maximum total.
• You have already scanned three receipts today.
• The merchant is not one of the brands we cover yet.

If something looks wrong, a person reviews it. You can always ask us through Support.

Profile bonus

Claiming a username pays a small bonus in stock, on top of your receipt reward. You earn it once you have both a username and one approved receipt.

The bonus steps down by sign-up order: the first 50 people to qualify get $5, the next 200 get $2, and after that the bonus closes. It is reserved immediately and shows in your app as held, and is delivered after 7 days.

What the reward is

A tokenized stock issued by Robinhood Assets (Jersey) Limited. It gives you economic exposure to the share price. It is not ownership: no shares, no voting rights, and no claim on the company. Holders are creditors of the Jersey issuer.

Launch set: AAPL, AMZN, COST, AMC, GME. We add brands over time — a receipt from a merchant we do not cover yet cannot be rewarded.

Delivery

An approved reward is reserved right away and visible in your app. Delivery moves the tokens to your wallet on-chain.

• Your reward is shown as reserved until it is sent, then delivered once the chain confirms it.
• Each reward is delivered once and only once.
• If a delivery does not go through, it is held for a person to check rather than retried automatically.

The profile bonus is the exception: it is held for 7 days before delivery.

On-chain receipts

A swap on a decentralised exchange is already a receipt: public, unforgeable and impossible to reuse. Where this feature is enabled, you can connect a Solana wallet and claim recent swaps the same way you would a paper receipt.

• Connect and sign for your Solana wallet, and your recent swaps become claimable.
• What you spent on the swap is the receipt total.
• Swaps of very thinly traded tokens do not qualify.
• The same rules apply as a paper receipt: age, size, three a day, the first-receipt match and your tier’s limits.
• The reward is paid in the token you bought. Each swap can be claimed once, ever.

Keeping it fair

The rewards pool is shared, so every receipt has to be a real purchase by a real person.

• One purchase, one reward. Each receipt pays exactly once, no matter who scans it or how it is photographed.
• Genuine receipts only. We check for edited images, screenshots and reprints. Submitting a receipt that is not yours, or altering one, can cost you access.
• People, not just software. Anything unusual is reviewed by a person before it is refused or approved.

Scanning your own receipts, from your own purchases, is all that is ever asked.

Support

There is a Support button on your dashboard. Send us a topic and a message, and if you are signed in your wallet comes attached automatically so we can look up what happened. A badge appears on the button when a reply is waiting for you.

Important disclosures

Rewards are fractional tokenized shares of the merchant, issued and custodied by a licensed tokenized-securities provider. They are debt securities giving economic exposure to the share price — not equity, not ownership, and not an interest in the merchant. Receipt is not affiliated with the merchants whose receipts are scanned. $RECEIPT is a utility token, not an investment in any brand.

Tokenized shares are securities and can lose value. Nothing here is investment advice.