FAQs

1. Win more enterprise business. Enterprise customers are more likely to select suppliers that work with their finance stack.
2. Reduce chargebacks. Customers see your correct merchant name, logo, and purchase details.
3. Grow sales with ‘Buy Again’. Turn your receipts into a sales channel, with embedded upsell actions.
4. All this, for absolutely free forever, and without any need to trust a third party.

Travel managers no longer need to chase down hotel folios, flight itineraries, etc. on behalf of their team. Versa smart receipts help travel managers keep spending within policy, as well as fulfilling their duty of care requirements.

1. Finance teams and expense approvers are happy because: they can put compliance on autopilot with participating merchants (IRS compliance, VAT tracking, policy compliance).
2. Employees are happy because: no more wasting time photographing receipts, losing receipts, etc.

Security is our first priority.

We are SOC 2 certified by Vanta, audited by Johanson Group. The information we do store is encrypted at rest.

The Versa Protocol is designed so that encrypted receipt data is passed directly from merchants to buyers, never touching Versa servers. We can't read your receipts, and no other third-party can either.

For fast onboarding, we do offer a custodial option for merchants. In this case, though receipt data does hit our service, we never store the receipt data.

Versa is 100% Free for merchants (and always will be).

For receivers (banks, financial institutions, expense management apps) there are modest transaction costs. Email our sales team to learn more.

1. For supported merchants, no need to mess with OCR receipt transcription. Less cost, better UX, happier customers.
2. The list of merchants to integrate with is nearly endless. Leverage an open protocol to scale coverage without also scaling bizdev investment.

Our mission is to eliminate 'dumb' receipts.

Ted and Thomas, the Versa founders, met while working together at Abacus, an expense management company. Ted was a co-founder at Abacus, and Thomas was a lead engineer. It was there that they noticed a pattern: finance teams waste thousands of hours tracking down receipts.

Versa is backed by Y Combinator, Character, and Xtripe Angels.