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DTS–Digital Tax Stamping Platform
Authentix offers the next generation solution for tobacco tax revenue management and recovery. This unique system enables tax collection authorities to collect tax revenues effectively and track the status of legally issued stamps electronically.
This solution brings tax stamps into the digital era by eliminating the need for expensive and vulnerable inventories of printed stamps while providing real-time auditing and immediate cash retrieval. The Authentix Digital Tax Stamp Solution significantly improves security and operational efficiency of tax stamp production, distribution and monitoring.
With the Authentix solution, cigarette distributors and licensees can print, authenticate, and report tax stamp consumption electronically. Additionally, law enforcement authorities can authenticate the digital stamps and verify the embedded information on the stamps in the field via simple-to-use and secure handheld instruments.
This high-tech system which is offered through a partnership with Red Stamp, Inc. and Assure Digitax combines the latest in nano-scale security technologies, sophisticated encryption technologies and secure e-commerce services. This solution provides the ability to track each cigarette pack throughout the distribution chain from point-of-origin to the point-of-sale.
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