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Combating receipt fraud with security receipt paper rolls

December 7, 2011 by Stephen Enfield — CEO, POS Supply

Combating receipt fraud with security receipt paper rolls

Return fraud will cost retailers an estimated $14.37 billion this year, up from $13.66 billion in 2010, according to The National Retail Federation's (NRF) annual fraud survey. In addition, the NRF states that 38.6 percent of all retail return fraud is from counterfeit receipts. With today's sophisticated technologies, criminals are now creating counterfeit receipts to obtain refunds for stolen merchandise. Retailers are faced with a growing problem as scams become more sophisticated.

Security receipt paper rolls are a simple and affordable addition to loss-prevention programs. Industries that will benefit from security solutions include retailers, casinos, gaming, lottery and other kiosk receipt applications. Use of the following security features on a kiosk paper roll will help businesses fight back against receipt fraud:

Ultra-violet Inks – A clear ink applied to the rolls face or back in a specified location and pattern. An image appears when placed under a black light (UV) light source.

Thermo chromic inks– When rubbed an image changes color momentarily or disappears momentarily and then reappears.

Coin reactive inks – A clear ink applied to the back (non-thermal side) of the roll in a specified location and pattern. An image will appear when rubbed with a coin.

Scratch inks - Unique ink offers overt and covert security options for POS rolls. Ink permanently changes color when scratched and cannot be duplicated.

Front-to-back print registration of images – Builds security into the design of the receipt.

Void pantographs – The word VOID appears when an attempt is made to copy a document.

While retail fraud is not easy to combat, a strong commitment to fraud prevention will pay off in the long run.

About Stephen Enfield

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