'ScanAps has developed an end-to-end solution for paper and digital coupon distribution, redemption and clearing. Coupon Bank creates an online ‘coupon bank’ for each consumer to facilitate delivery of variable targeted coupons to each consumer based on their profiles and seamless redemption at checkout. Scan-Quick Pay provides complete proof of paper coupon redemptions and improves operating efficiencies’.

"Consumers just register online at www.couponbank.com and receive all their coupons in one online location. Consumers just ‘click’ to activate coupons they like and automatically receive applicable coupons at checkout. Retailers redeem all digital (online & mobile) coupons from all vendors seamlessly, with or without a loyalty program. Manufacturers and retailers seamlessly load variable, targeted coupons directly into consumers coupon banks based on their profiles through a simple, easy to use web interface right from their office.

Scan-Quick Pay (SQP) software is an independent, modular, front line validation and redemption software that captures complete paper coupon redemption details in real time at checkout. SQP provides complete ‘proof of redemption’, eliminates charge-backs, adjustments & deductions. SQP facilitates collection of 100% of coupon values within a week. Under SQP Program, paper coupons will continue to be processed through the existing Retail Clearing Agents the same way they are being processed today.