FAQ

Check out the interesting article in RFID Nov/Dec 2006 Magazine including TCAT by Mary Catherine O'Connor

RFID JOURNAL BLOG ON COUNTERFEITING IS EVERYONE'S PROBLEM

http://www.rfidjournal.com/blog/entry/3866

RFID:The Return on Returns by Bert Moore

http://www.aimglobal.org/members/news/\?a=3379&z=24

December 3, 2004

RFID used "To Catch a Thief"
Bar Code Security Systems is working with RSI ID Technologies to launch its To Catch a Thief product, which uses RFID tagging technology to track purchase location of a product in order to thwart thieves from trying to return stolen merchandise for a refund or sale products for full price. The companies hope to begin trials with retailers in the near future. RFID Journal (11/30)

Frequently Asked Questions

DID YOU KNOW (A University of Florida study, with a grant from ADT Security Services.)

· Retail Losses from shoplifting rose to 31.7% in 2003 up from 30.6% adding another $10 billion dollars in losses to the retailers tab.

· 17% of consumers who shop on line have purchased in stores instead of on the web because the online returns process is too difficult.

· 36% of online shoppers said they would be influenced to shop more online if the return policy was more customer friendly.

· "Customers have commented that the comfort of being able to return and exchange a product in a store enhanced their online buying experience." Andre Brysha, Ritz Intl. Inc.

· Customers who return products to the retail outlet will probably spend their return/exchange credit in the store.

· TCAT will stop fraudulent returns and save retailers billions of dollars annually.

· TCAT will help in arresting and convicting retail thieves, keeping these undesirables out of the retail stores.

· TCAT works stand alone or integrated into the POS System.