Live Breaking News & Updates on Bout 20 Per Cent Of Orders Get Returned To Origin If The Order Is Placed Via Cash On Delivery Mode

Bengaluru (Karnataka) [India], August 4 (ANI/NewsVoir): In a bid to provide a seamless shopping experience and reduce returns for e-commerce and digital-first brands in India, GoKwik, India's leading e-commerce enabler, has partnered with global caller identification platform Truecaller for instant verification of customers. GoKwik, a network platform committed to providing full stack solutions to D2C brands, marketplaces, and omnichannel e-commerce players, has onboarded Truecaller to improve conversions and reduce RTOs (return to origin) by leveraging the brand's expertise in identifying and verifying users. RTO or Return to Origin, which happens due to a failed delivery of goods, is a major pain point for e-commerce and online merchants as it directly impacts their revenues and profits. According to industry-wide data, about 20 per cent of orders get returned to origin. If the order is placed via cash on delivery mode, this number rises to as high as 40 per cent. Truecaller ....

Chirag Taneja , Priyam Bose , Ankush Talwar , Bombay Shaving Company , Sequoia Capital , Global Head , Nasdaq Stockholm , Vivek Bajpai , Chief Data Scientist , Matrix Partners India , Think Investments , Bengaluru Karnataka India , Ugust 4 Ani Newsvoir Ina Bid To Providea Seamless Shopping Experience And Reduce Returns Fore Commerce Digital First Brands In India , Ndia 39s Leadinge Commerce Enabler , As Partnered With Global Caller Identification Platform Truecaller For Instant Verification Of Customers Gokwik , A Network Platform Committed To Providing Full Stack Solutions D2c Brands , Nd Omnichannele Commerce Players , As Onboarded Truecaller To Improve Conversions And Reduce Rtos Return Origin By Leveraging The Brand 39s Expertise In Identifying Verifying Users Rto Or , Hich Happens Due Toa Failed Delivery Of Goods , Sa Major Pain Point Fore Commerce And Online Merchants As It Directly Impacts Their Revenues Profits According To Industry Wide Data , Bout 20 Per Cent Of Orders Get Returned To Origin If The Order Is Placed Via Cash On Delivery Mode , His Number Rises To As High 40 Per Cent Truecaller Sdk Helps Mobile First Startups , Evelopers And Businesses Simplify Customer Verification For Web Mobile Apps Powered By Its 250 Million Users In India Alone With This Partnership , Okwik Will Further Be Able To Optimize Its Existing Dynamic Product Models With Truecaller Sdk And Ensure Unique , Nd Secure Shopping Solutions For Everyone In The Gokwik Network Quot Truecaller Is One Of Most Trusted Apps Country With Over 250 Million Users It 39 Sa Delight To Be Partnering Them Take Our Mission Enhancing Customer Experience Next Step This Partnership , I Am Sure Online Shoppers Will Havea New Wave Of Convenience Shopping ,