About ASFALIS

ASFALIS, INC. is a FINTECH Platform as a Service (PaaS) which bridges the divide between CE hardware and services and comprehensive warranty provision. With a single touchpoint, ASFALIS partners can create and deploy performance warranties with A-rated global insurers that generate additional revenue and increase customer loyalty.

These programmes can be implemented worldwide with multi-currency activation and multi-language user interface.

ASFALIS for products

Develop a compliant warranty and product guarantee program with any necessary regulatory analysis

ASFALIS for retailers

API and service tailored to integrate into an existing POS system to add warranty revenue at point of purchase.

ASFALIS for IoT/services

Integration into an existing on-boarding process to give both product and service performance warranties

ASFALIS for insurers

A PaaS solution which provides strong technology for effectively managing and supporting global warranty programs.

ASFALIS for products

ASFALIS can provide the appropriate resources for developing a fully compliant warranty and product guarantee program.

We also provide all necessary regulatory analysis, including developing and drafting actuarial analysis, product testing, market analysis, price analysis and other related tasks.

ASFALIS can offer manufacturers of CE products a unique performance guarantee that is:

• Easily activated via a native ASFALIS app
• Available now in multi-language / multi-currency
• Developed to pass rigorous financial standards and compliance requirements
• Manages registration, claim validation and pay-out

How it works

In a competitive market and where a CE manufacturer is looking for something to give it an advantage and a USP over its competitors it can work with ASFALIS to produce a unique product performance guarantee to pay-out if the Manufacturer's product fails to perform.
ASFALIS partners with equipment manufacturers to produce a unique product guarantee through enhancing its 12-month limited warranty; which pays-out a repair reimbursement if the manufacturer's screen protection fails and a smart device’s screen cracks after application.

Each product comes with a unique ASFALIS product code that is entered during product registration. The app takes the customer through the product application process and checks for inherent screen damage (reducing the risk of fraudulent claims).

The product can be sold anywhere in the world with a cash-warranty giving it a unique selling proposition, which is easily understood by the customer, makes the margin for the vendor and adds no layer of administration for the retailer.

ASFALIS for retailers

ASFALIS API and service tailored to integrate into an existing POS system to add warranty revenue at point of purchase.

How it works

The ASFALIS API is deployed to any POS system. The ASFALIS option is added to pre-qualified products. At PoP the POS system will present the option to add ASFALIS warranty product with additional price. If the customer ‘opts-in’ the ASFALIS provisioning process is implemented on their phone during or after purchase with ‘downstream revenue’ going back to the retailer.

ASFALIS for IoT/services

ASFALIS integrates into an existing on-boarding process to give both product and service performance warranties to provide cast-iron guarantees to increase hardware to service attachment.

How it works

Consumer IoT (C-IoT) devices are onboarded to the service provider at the start of their ‘product journey’, be they an M(V)NO, ISP or cloud based IoT platform.

During this onboarding process ASFALIS can be added to offer the customer extended or performance warranties based either on the product or service provision. ASFALIS can offer customers performance warranties to protect the hardware or promote the service, for example offering cash back for system outages or data breaches.

ASFALIS for insurers

ASFALIS can offer a backend PaaS solution which will provide strong technology for effectively managing and supporting global warranty programs.

How it works

Through nearly two years of ongoing conversations with insurance companies, ASFALIS has successfully developed a complete FINTECH warranty platform that can be configured or integrated through API’s for insurance companies and third-party administrators.

ASFALIS can provide global CLIP, registration and claim management for various warranty programs with complete analytics and reporting.