Welcome to Refund Exchange

	Welcome to Refund Exchange The Retail Problem Retail Fraud is an age-old problem that affects every retail outlet in the UK and throughout the world. It damages profits every single day. Only now has technology been developed to beat the fraudsters at their own game. There are several different types of refund fraud that combine to damage profitability for every retailer. The Retail "Borrower" The Operator Fraud The Steal and Return These customers and scheming till operators can cost stores thousands of pounds and damage the overall profitability of each outlet. For decades, store managers and Financial managers have tried to fight this growing problem. It has been a difficult battle to retain good relationships with genuine customers whilst deterring those who seek to fraudulently "work the system". Despite the development of data mining systems with overnight download, nothing until now has generated *point-of-sale decision making before the return has been agreed!* The Refund Exchange system is todays way of making sure that the person returning the goods to your desk, is telling you the truth!

leading the battle against refund fraud