Yocuda Paper Receipt Cost Calculator launches and flags benefits of switching to digital
Yocuda has launched a new Paper Receipt Cost Calculator, with the aim of giving businesses a clear, personalised breakdown of what paper receipts are actually costing them each year and how much they could save by making the switch to digital.
According to the calculator, a large scale retailer with a network of 600 stores and approximately 200 transactions per store per day spends over £650,000 per year on till rolls. Just a 40% reduction in this, due to implementing digital receipts, could save over £250,000 every year.
As well as the simple cost of paper till rolls, which the calculations are based on, there are also additional hidden costs for retailers.
● Thermal paper prices keep climbing, and high-volume stores feel it fast
● Printers jam and break, slowing checkouts and frustrating staff and customers
● Energy, repairs and consumables add up - especially across multiple sites
● Thermal paper can’t be recycled, meaning retailers literally pay for the waste
In total, many retailers are spending between £5,000 and £650,000+ a year on something many customers no longer want.
Edward Drax, Managing Director, Yocuda, says: “Paper receipts have been part of retail for decades, but they’ve quietly become one of the industry’s most wasteful costs. When retailers see their true numbers, the reaction is almost always the same: Why are we still doing this?”
“As we move into 2026, there is no reason for retailers to keep throwing money away on paper receipts when the digital alternative is readily available, cost-effective and incredibly more beneficial for both brands and customers.”
2025 RTIH INNOVATION AWARDS
Digital retail was a key focus area at the 2025 RTIH Innovation Awards.
We received a record number of entries and many fantastic examples of the continued resilience and dynamism of the retail space during hugely challenging times.
For a full rundown of all of the shortlisted entries, click here.
Our 2025 hall of fame entrants were revealed during a sold out event which took place at The HAC in Central London on 16th October and consisted of a drinks reception, three course meal, and awards ceremony presided over by award winning comedian, actress and writer Tiff Stevenson.
In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “This is the awards’ fifth year as a physical event. We started off with just 30 people at the South Place Hotel not far from here, then moved to London Bridge Hotel, then The Barbican, and last year RIBA’s HQ in the West End.”
“But I’m conscious of the fact that, to quote the legend that is Taylor Swift, You’re only as hot as your last hit, baby. So, this year we’ve moved to our biggest venue yet, and also pulled in our largest number of entries to date and broken attendance records.”
He added: “This year’s submissions have without doubt been our best yet. To quote one of the judges: The examples of innovative developments across both traditional and digital retail spaces were truly remarkable.”
Congratulations to our winners, and a big thank you to our sponsors, judging panel, the legend that is Tiff Stevenson, and all those who attended our 2025 gathering.
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