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Chargebacks represent a significant challenge in the e-commerce sector, as buyers can dispute transactions claiming dissatisfaction or that products were not received, leading to financial losses for merchants. Approximately 75% of chargebacks can be categorized as 'friendly fraud,' where customers try to obtain products without making legitimate purchases, taking advantage of the system. This trend has resulted in losses amounting to over $132 billion annually, as retailers struggle to fight against repeated offenders who exploit the chargeback process. By utilizing platforms like ChargeFlow, businesses can develop strategies to analyze, prevent, and recover from chargebacks effectively.