Title Retention clause can be enforced by Validactor

As specified by Wikipedia, "A retention of title clause (also called a Romalpa clause in some jurisdictions) is a provision in a contract for the sale of goods that the title to the goods remains vested in the seller until certain obligations (usually payment of the purchase price) are fulfilled by the buyer."
Validactor can help on this: unpaid serialized products can be easily flagged as "unsellable" or alike, enforcing the Retention title acting as a deterrent.

More info available soon, as this clause is treated differently by different states and jurisdictions.

Retention-of-Title-710x533

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Validactor “Protects, Profiles & Tracks”.

Based on a secure serialization technology, Validactor protects products and brands, fights any form of counterfeiting and profiles customers’ spending habits.
An innovative close-to-the-customer loyalty program promotes a series of activities and incentivises focusing to build brand loyalty.
The Validactor’s offering includes advanced customer services, a sales portal and Big Data related activities. Many other features are also integrated, such as a flexible and customizable database, the unique “Lost&Found” function, a Recall Management tool, Product Statuses and Diversions.

The Validactor’s solutions are fully customizable to be used in any vertical market, regardless of the products’ type. No special hardware or costly training sessions are needed. Validactor tools can be quickly mastered so that companies can start protecting their products in a very short timeframe.

Validactor’s collected data can be used for a wide range of marketing and sales activities, including specifically targeted interactive videos based on real data.


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