73% of consumers are more likely to buy from a company that is transparent about its data practices. By implementing age verification software, businesses can demonstrate their commitment to protecting the privacy of their users.
According to the Federal Trade Commission, age verification software can help businesses to prevent fraud by identifying fraudulent users. This can save businesses money on lost revenue, chargebacks, and fees.
Age verification software can help businesses comply with age restrictions and avoid legal challenges. Statistically, this can save businesses $1,500 monthly on legal fees, settlements, and fines.