Product: SafeTGard manual sales slips
Company: General Credit Forms Inc.

Although federal law does not require merchants to use truncating sales slips with manual imprinters, they are generally a good idea. Basic truncating sales slips may seem to be the most efficient way for merchants and acquirers to fight after-sales receipt fraud.

But they are not necessarily the best solution for merchants using manual imprinters. With a basic truncating sales form, consumers do not realize that simply removing the carbonized image from the front of the sales slip does not prevent the card data from being embossed into the paper.

Thus, it provides a false sense of security to the consumer, according to John McCormick of General Credit Forms Inc.

Cardholders may discard sales slips, unaware that their account data has been embossed into the paper and can be read with the naked eye off the back of the forms, something a dumpster-diving identity thief could quickly find.

Even if that form is torn or otherwise defaced, the card data can be pulled from the reassembled slip, McCormick stated.

So what's the solution? The SafeTGard form is a two-part truncating sales draft that goes above and beyond the average truncating manual sales receipt.

The form uses a combination of three methods to prevent legible embossing:

• Overprinting on the back
• Blind embossing
• Coating with a desensitizing ink.

The new product effectively truncates cardholder data using a combination of security features. These include desensitizing ink and blind embossing with a pattern of random characters on the front of the form.

The back has an additional printing of random characters that coincides with the blind-embossed and desensitized area on the front, McCormick explained.

"This combination effectively masks both the printed and embossed image of the cardholder data," he said.

General Credit Forms has applied for a patent on the product.

General Credit Forms Inc.
888-GCF-NEWS
314-216-8600
www.gcfinc.com