The e-commerce returns process costs businesses $550 billion annually, with 30% of all products ordered online returned. Manual returns processing creates bottlenecks, averaging 5-7 business days for resolution. Enter AI-powered Returns and Refunds Processing chatbots—reducing resolution time by 94% while cutting operational costs by 78%.
Conferbot leads this transformation with 500,000+ deployed chatbots handling millions of returns monthly. Our AI chatbots deliver:
Instant 24/7 returns authorization with 99.99% uptime
40% reduction in return rates through intelligent exchanges
92% customer satisfaction via conversational AI
By 2025, 80% of customer service interactions will be AI-handled. Early adopters using Conferbot report:
$18 ROI per $1 invested within 6 months
67% faster refund processing versus human agents
Zero coding required with visual chatbot builder