Pickrr unveils ‘Fastrr,’ to boost buyer, seller experience

Pickrr announced the launch of ‘Fastrr,’ a multi-layered AI-powered advanced checkout solution. Fastrr provides customers with a seamless and better shopping experience with one-click easy checkout. The solution harnesses over 100+ data points, allowing sellers to have better data analytics based on consumers’ purchasing patterns and payment modes to mitigate the issue of cart abandonment. Fastrr’s AI-powered address verification reduces fraud and wrong address-related issues by 50 per cent and further speeds up delivery time resulting in 80 per cent increased customer satisfaction. It leverages the data from Pickrr Predict to analyze pin codes that have higher-order return chances, which reduces RTO by 3 per cent for sellers. Fastrr enables a speedy and secure checkout experience with more than 90 per cent EDD accuracy.