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Paperless E-Statements

Virtual statements offered through online banking.

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Saying 'No' to Automated Paper Receipts Reduces Waste

  • Mar 31, 2010
Rating:
+5

'Would you like a receipt for your transaction?' We've all been asked that question at gas stations, ATMs and elsewhere. There are approximately 8 billion ATM transactions in the United States every year. According to Market Watch, if everyone in the United States would select the no-receipt option at the ATM for a year, it would save a roll of paper more than two billion feet long, or enough to circle the equator 15 times.

Saying 'No' to the question 'Would you like a receipt?" not only saves paper, but it also reduces the chance the receipt will end up as litter. Most of the time people take their receipt, crumple it up, never look at it ever again and then throw it away. Once in the habit, you'll probably never miss handling paper receipts. In this day and age, you can review all of your ATM and gas station transactions at your bank's or financial institution's web site, as well as keep tabs on credit-card expenses via online statements.

Some hotels and other companies are now giving the option of receiving your receipt via e-mail rather than a printed one. If this is offered to you, choose the e-mail receipt instead of the paper receipt.

Just say 'No' to automated receipts and maybe you could be help to save some trees in the process and reduce waste. Pressing a single button can be the greenest thing you do all day. Just another way to reduce your carbon footprint

I've been saying 'No' to automated receipts for a couple of years now.  It is now habit for me to press the No button and to see all of my financial tranactions online.  I hate clutter and my old receipts only added to that clutter.  Sometimes it's good to say 'No'.

Saying 'No' to Automated Paper Receipts Reduces Waste Saying 'No' to Automated Paper Receipts Reduces Waste Saying 'No' to Automated Paper Receipts Reduces Waste Saying 'No' to Automated Paper Receipts Reduces Waste

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Post a Comment
March 31, 2010
Great point! Here is another reason to decline the receipt unless you really need it, most of them are coated with loose BPA powder granules. Yes, the same chemical found in plastic bottles and baby cups/toys! You can probably Google it if you want to know more! :)
April 02, 2010
Thanks for mentioning the BPA. I'm just now finding this out. That is not good at all. Another reason to reduce receipts when possible.
 
1
More Paperless E-Statements reviews
Quick Tip by . April 10, 2010
posted in Green Living
Great for the enviroment and even better for my peace of mind. Keeps me organized and is so much easier to pay bills.
Quick Tip by . March 09, 2010
A great option for those who are highly organized.
About the reviewer
Clay Miller ()
Graphic designer/illustrator and owner of Miller Creative Designs, LLC who on Lunch.com likes to shareinsight on Greenand health insight, ideas and other tidbits.Creator/writer of Ways2GoGreen .com& … more
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Wiki

Thanks to online banking, financial institutions offer virtual statements, also known as paperless statements or e-statements. Due to identity theft concerns, a virtual statement may be seen as a safer alternative against physical theft as it does not contain tangible personal information, and does not require extra safety measures of disposal such as shredding. However, a virtual statement is easier to obtain for the thief who is an expert on online banking.
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Category: Banking

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