Summary:
Bengaluru, Karnataka, India (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 onboardedTruecaller 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% of orders get returned to origin.
If the order is placed via cash on delivery mode, this number rises to as high as 40%.
Truecaller SDK helps mobile-first startups, developers and businesses simplify customer verification for web and mobile apps powered by its 250 million+ users in India alone.
With this partnership, GoKwik will further be able to optimize its existing dynamic product models with Truecaller SDK and ensure unique, intelligent, and secure shopping solutions for everyone in the GoKwik network.
“Truecaller is one of the most trusted apps in the country with over 250 million users.
It"s a delight to be partnering with them to take our mission of enhancing customer experience to the next step.
With this partnership, I am sure online shoppers will have a new wave of convenience shopping, resulting in higher conversions, and profitability for merchants as well along with robust RTO fraud prevention.
We are excited to see how this partnership pans out for our ever-growing e-commerce industry,” said Chirag Taneja, Co-founder, and CEO at GoKwik.
"At Truecaller, our focus is on enabling mobile-first businesses to have a frictionless verification experience.