Receiving, sending and managing electronic approvals and receipts invention

A method of managing electronic receipts using a first user payment device including a credit/debit card having a magnetic strip and a chip, at least one of the magnetic strip and chip including a plurality of data locations for storing information, at least one data location including a first unique identifier associated with instructions to generate a display of a graphical representation of an electronic transaction receipt, the method comprising:

• providing a point of sale system;
• providing a unique identifier detection mechanism in communication with the point of sale system;
• providing a server in communication with the point of sale system, the server including a processor configured to register the display of the graphical representation of the electronic transaction receipt as a function of the first unique identifier and a memory device configured to store a database with a plurality of receipt-data storage locations;
• registering, through the point of sale system, a plurality of goods and/or services, the plurality of goods and/or services comprising the transaction receipt associated with a sale;
• detecting, through the point of sale system, a payment with the credit/debit card and retrieving information stored on plurality of data locations including the first unique identifier;
• receiving, at the unique identifier detection mechanism, the information stored on the credit/debit card from the point of sale system and identifying the received information with the graphical representation of the electronic transaction receipt associated with the sale previously registered on the point of sale system;
• detecting, through the unique identifier detection mechanism in communication with the point of sale system, the first unique identifier linked with the credit/debit card;
• registering, through the processor within a server in communication with the point of sale system, the display of the graphical representation of the electronic transaction receipt as a function of the first unique identifier and in response:
• detecting, through the unique identifier detection mechanism, a second unique identifier linked with the user;
• forwarding the second unique identifier and the transaction receipt to the server, the server including a memory device configured to store a database with a plurality of receipt-data storage locations, each receipt-data storage location associated with a second unique identifier;
• and
• storing the display of the graphical representation of the electronic transaction receipt within the receipt-data storage location associated with the second unique identifier in a credit/debit card holder accessible data base.