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Returnly raises $8M for post-purchase payment management

January 31, 2019

Returnly works with customers who return products to help them buy again using return credit. Customers receive credits even before they return their unwanted items, turning a potentially negative and costly process for the retailer into an instant, fresh opportunity to make a sale and strengthen the retailer’s loyalty bond with the customer.

It addresses the $150 billion market of e-commerce returns, a problem that the industry has seemed to have little answer for in recent years as e-commerce sales have continued to grow.

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