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Preventing chargebacks is a common problem for e-commerce merchants, who often find themselves on the receiving end of chargebacks when their customers dispute charges to their credit cards. Chargebacks can be costly and time-consuming, and can even cause companies to shut down. Chargebackhit aims to help e-commerce merchants prevent chargebacks and fraudulent activity. The company provides a set of tools to help merchants collect data, analyze it and take actionable steps to stop chargeback before it happens. You can learn more about chargeback prevention in the article https://chargebackhit.com/blog/chargeback-prevention/
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Good article, highly recommended reading. Since chargebacks are expensive and time-consuming, it is in your best interest to avoid them. If a customer disputes a chargeback on their credit card, the funds will be returned to them and you may be asked for a refund. This can lead to lost income, poor customer relations, and high fees. It is important to understand what chargebacks are and how they work so that you can take steps to prevent them.
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