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AI and VR to Reduce Costs and Fraudulent Online Orders

economictimes.indiatimes.com

According to a report by PwC, eCommerce companies are focusing on Artificial Intelligence and Virtual Reality with a view to cut logistics costs and identify fraudulent orders. The report observed that to identify fraudulent orders, reduce return rate and also cut down on logistics cost, eCommerce companies are heavily investing in robotics and AI.

There are Blockchain technologies that improve fraud detection and enable companies to offer a secure and transparent online medium. Click here to read more: 

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