warranty confirmation | validate and Fraud Prevention

Warranties usually have exceptions that limit the conditions under which a manufacturer is obligated to rectify a problem. For example, many warranties for motor vehicle(s), motor vehicle part(s), and everyday household items only cover the product for up to one year from the date of purchase. Generally, they are covered only if the product has problems due to defective parts or workmanship.

#Fraud Prevention, #Validate, #Protection

There are two types of warranties: expressed and implied, with varying terms, conditions, and guarantees. Warranty terms range from free repairs to complete replacement, with owners either bringing or shipping products.

How does the manufacturer or product supplier validate the product other than a serial number and sale receipt?

History shows that 30% of warranty claims are false and therefore fraudulent.

#Fraud Prevention, #Protection

A MacroTag is applied to the warranted item. The tag is linked to a unique digital certificate and can be applied to major vehicle parts and components, validating the item and warranty and preventing warranty fraud! 

The Part number and information are housed in the digital certificates as well as the warranty period noted.

#Fraud Prevention, #Validate, #Protection