A communication dispatched to a customer upon successful processing of funds serves as verifiable proof of a transaction. It typically includes details such as the date, amount paid, method of payment, and a transaction identification number. An example would be an automated message sent after an online purchase, containing the order number and a summary of the items bought.
The practice of providing this notification ensures transparency and builds trust between the sender and recipient. It allows for easy reconciliation of accounts, reducing potential disputes and improving customer satisfaction. Historically, physical receipts served this purpose; however, electronic communications have become the norm due to their efficiency and accessibility.