Online Marketplaces Leverage Technology to Tackle Fake Products
Selling a product online allows businesses to reach a wider audience and new customers. Companies have started leveraging technology to reduce the rate of return of products faced by online marketplaces, reports Payal Ganguly for ET Bureau. Online marketplace Luxepolis is venturing into the trend by utilizing Radio Frequency Identification (RFID) technology to tackle the problem of returns. Luxepolis sells products ranging from designer apparel to high-end automobiles. The company uses near-field communication (NFC) enabled tag and reader to decipher codes that are unique to every product in order to validate the returned item.
Related Posts
Woman brought tobacco, cocaine into federal jail: Charges
An Evergreen Park woman arrested in a South Side traffic stop this week faces...
Cigarette smuggling on the fast rise
The cigarette black market has increased very fast in July 2014, up to 17%,...
Pune: Customs Foil Gold Smuggling Attempts, Seize Contraband Worth ₹93 Lakh In January
Pune Airport Director Santosh Dhoke highlighted the airport's stringent...
HMRC arrest six in £22m tobacco smuggling and tax fraud raids
Six men have been arrested in a series of raids by officers investigating a...