Fraudulent Returns: How to Protect Your Small Business
GoShip Blog
NOVEMBER 8, 2022
of retail sales in the US were returned in 2021, and up to 10% of these returns were fraudulent. Return fraud is detrimental to sales and overall profitability. Your policy should explicitly state the conditions for acceptable returns, the time limit, required documents (receipts, tags, etc.), billion to returns fraud.
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