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Illicit trade may be popular with some consumers, but it is far from a victimless crime: governments lose tax revenue, public health risks increase and consumers suffer from sub-standard and dangerous products.
Illicit trade in goods and services:
There is much to be gained from increasing the visibility of counterfeiting, smuggling and activities like diversion into 'grey' markets.
Trustworthy product authentication and secure traceability technology are valuable tools for governments to tackle the problem; enabling efficient tax collection and promoting public confidence.
SICPA technology supports Governments to implement effective control programmes based on high security tax stamps and banderols, unique coding, production control, product authentication features and secure track & trace.
SICPA has the expertise to tackle this challenge based on: