Israel-based fraud prevention company Chargeflow has been integrated into Shopify to help ecommerce businesses fight illegitimate chargebacks.
Online shoplifters are constantly taking advantage of loopholes in the chargeback process to commit friendly fraud, which represents almost 80% of all payment fraud today, according to Chargeflow. The company takes the burden of chargebacks from the businesses’ shoulders and makes it easy for them to run and scale their company without worrying about disputes.
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