System and method for generating and storing digital receipts for electronic shopping

A method for generating and storing a digital receipt for purchases made using a digital wallet, the method performed by a processor executing instructions, the method comprising:

• initiating a purchase transaction at a point of sale (POS) terminal of a merchant between the merchant and a customer with a user device that has a digital wallet application program;
• receiving, by the POS from the user device, in a communication between the user device and the POS terminal, payment information from the digital wallet to complete the purchase transaction and a unique address of a digital receipt repository for the digital wallet in the form of an internet uniform resource locator (URL), wherein the user device and POS terminal comprise circuitry to effect the communication by at least one method selected from the group consisting of:
• near field communication (NFC), a communicated quick response (QR) code, and Bluetooth communication;
• in response to completing the purchase transaction, generating the digital receipt for the purchase transaction by the POS device, the data of the digital receipt being stored in a plurality of data fields as actionable, text searchable data;
• transmitting the digital receipt directly from the POS terminal to the URL of the digital receipt repository using the URL;
• and
• granting the customer access via the digital wallet application program to the digital receipt via the URL.