- A staggering 1 in 100 calls to retail call centers are projected to be fraudulent by the end of 20241
- Research shows that 14% of returns are fraudulent,2 with reports of $23B in losses annually3
- Retail is hit particularly hard with scam calls rates 7x higher than in other sectors1.
-
1 Pindrop Labs
2 ECR Community Buy Online, Return in Store, The Challenges and Opportunities of Product Returns in a Multichannel Environment, 2019s
3 NRF survey on Cost of Retail Returns 2022s