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RFID Journal Article on "TCAT
Ending Retail Scams With RFID |
RSI ID Technologies is working with a Los Angeles startup to market a tool that uses RFID to thwart fraudulent product returns that cost retailers billions.
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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) 
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"TCAT" TO CATCH A THIEF
STOP RETAIL PRODUCT RETURN/EXCHANGE FRAUD NOW! Patented RFID Item Level Tagging Process.
Barcode Security Systems Inc., TCAT, detects whether products that are returned for store credit or exchange have been PAID for. "If it hasn't been paid for TCAT will know immediately." We are also introducing the online return solution that will allow retailers to identify the warehouse that the merchandise has come from. So when a customer returns it back to the store they will receive store credit, exchange or will be able to put the money back on their credit card,according to David Cox CEO, BCSS.
TO REVIEW PATENT # 7,108,183 CLICK ON THE LINK BELOW
http://patft1.uspto.gov/netacgi/nph-Parser?patentnumber=7108183
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Internet Retailer Website
Internet Retailer in their Eye on Returns, September 2003, publication and their August 31, 2004, LA Times article emphasizes the how retailers are learning that a good returns/exchange policy is good for business. A survey by Jupiter Research, Inc. last year showed that 17% of consumers who shop online have purchased in stores instead of on the web because the on-line returns process can be too difficult. Further, 36% of online shoppers said they would be influenced to shop more online if the return policy was more customer friendly. (delete free). Customers have commented that the comfort of being able to exchange a product in a store enhanced their online buying experience. Says Andre Brysha, VP of e-commerce for Ritz Interactive Inc. Many Purchase online companies including: Zappos, HP Shipping, Crutchfield, Home Depot, Office Depot, Staples, Best Buy, Apple, Target Corp, Hot Topic Inc., LL Bean and Circuit City are faced with the online purchase, return/exchange conundrum.
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