American Express (AmEx) has launched a new app, ReceiptMatch, that uses the mobile phone’s onboard camera to snap and store receipts for later reconciliation with account statements.
The new app has been created for both for Android and iPhone platforms.
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The ReceiptMatch app is aimed at AmEx’s Open business card members and can be used by company employees to capture images of receipts on the go and add a note to the transaction.
The captured images are, reportedly, automatically matched to the corresponding transaction on account statements.
AmEx said on its apps download page: "No more scribbling notes and trying to figure out which receipt is for which transaction on your statement at the end of the month."
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