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Signifyd Reviews & Product Details - Page 6

Signifyd Overview

What is Signifyd?

Signifyd is a commerce protection provider that addresses fraud and abuse challenges at key conversion points across the ecommerce shopper journey from account creation to checkout to return request. We help merchants decide when it is appropriate for a shopper to take a certain action – like creating an account, completing a transaction, or requesting a refund. We can do so accurately because we have seen 98% of shoppers previously across the thousands of ecommerce storefronts we protect. Signifyd customers typically see a lift of 5 - 9% in revenue by letting more good shoppers through. We are so confident in our decisions that we back order approvals with a guarantee, which gives our merchants the confidence to automate fulfillment knowing that if a chargeback does occur, we will reimburse them 100%.

Signifyd Details
Product Website
Languages Supported
English
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Product Description

With identity and intent intelligence from the world’s largest network of online retailers, Signifyd’s Commerce Protection Platform instantly recognizes the ‘who’ behind every transaction. Every approved order is backed by a 100 percent financial guarantee against fraud and abuse, so merchants can automate payments at scale, streamline customer experiences and grow fearlessly.

How do you position yourself against your competitors?

“The adoption of Signifyd’s guaranteed fraud protection solutions by the next-generation of digital native retailers, as well as the traditional brick and mortar retailers, is a clear testament to the capabilities, versatility and modularity of Signifyd’s solutions. Signifyd’s competitors are mainly focused on loss-prevention, as opposed to customer experience enhancements.” - Frost & Sullivan


Seller Details
Seller
Signifyd
Company Website
Year Founded
2011
HQ Location
San Jose, California
Twitter
@signifyd
1,872 Twitter followers
LinkedIn® Page
www.linkedin.com
527 employees on LinkedIn®
Description

Signifyd provides an end-to-end Commerce Protection Platform that leverages its Commerce Network to maximize conversion, automate customer experience and eliminate fraud and consumer abuse risk for retailers. Its solutions provide the transparency and control that brands need to succeed in the rapidly changing world of commerce. Signifyd, which is the leading provider of payment security and fraud prevention for the Top 1000 Retailers for
0
4, is headquartered in San Jose, CA, with locations in Seattle, Denver, New York, Mexico City, São Paulo, Belfast and London.


Lillie D.
LD
Overview Provided by:

Recent Signifyd Reviews

KK
Krishna K.Mid-Market (51-1000 emp.)
5.0 out of 5
"Signifyd essential for drastic reduction in fraud"
At first, I really liked how easy it was to implemented it and how easy it was to issue the refund immediately after the first chargeback. It was i...
SS
Sana S.Small-Business (50 or fewer emp.)
5.0 out of 5
"Signifyd is a good tool for fraud prevention and peace of mind"
Easy to use and understand, and sicne it was implemented I found it to be a good tool with good customization and is great for peace of mind. I als...
SG
Smerla G.Small-Business (50 or fewer emp.)
5.0 out of 5
"Our preferred software for drastically reducing credit card fraud"
I like the peace of mind it provides and that it is easy to use and the results are good, plus its functions are excellent and effective. I also re...
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6 people requested security information

Signifyd Media

Signifyd Demo - Order Review in Agent Console
Agent Console is used by risk agents to drill into the ‘why’ behind each order decision. Agent Console surfaces variables used to inform order decisions made by Signifyd’s machine-learning model, as well as indicators into which variables weighed most heavily into those decisions – both positive ...
Signifyd Demo - On-Demand Reports in Insights Reporting
Insights Reporting provides the macro-data necessary to benchmark business metrics against industry averages and track performance overtime. On-demand reports can be leveraged to quickly assess business drivers, fraud protection outcomes, and emerging fraud and abuse trends.
Signifyd Demo - Order Investigation in Power Search
Power Search allows merchants to review transactions across their order history using a wide timeframe, thereby uncovering patterns between orders indicative of risky or fraudulent activity.
Play Signifyd Video
Play Signifyd Video
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Play Signifyd Video

Official Downloads

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305 Signifyd Reviews

4.6 out of 5
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305 Signifyd Reviews
4.6 out of 5
305 Signifyd Reviews
4.6 out of 5

Signifyd Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for SignifydQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Rene F.
RF
Actor
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Signifyd?

Signifyd, gives us the peace of mind that we will not have any chargebacks. It allows us to deal with more important issues. Before Signifyd we would spend countless hours doing the job ourselves. Also, Signifyd is easily integrated to your shopping cart if you have a good IT team Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Really nothing, this company is a great package deal. They are prompt and professional in all their business handling. Their latest update also makes it easier to track your orders Review collected by and hosted on G2.com.

Recommendations to others considering Signifyd:

Don't think about it, use it. This software is a real-life and business saver Review collected by and hosted on G2.com.

What problems is Signifyd solving and how is that benefiting you?

We are able to free up personnel to do the important things we need done and also aid in expediting our orders. They also integrated into our shopping cart which made things a whole lot safer. Review collected by and hosted on G2.com.

Verified User in Consumer Goods
UC
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Signifyd?

SignifyD cuts out lots of searching to verify if customers or businesses placing orders are legitimate. The Guarantee Policy is helpful because we can recover our money when we receive fraud chargebacks. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Sometimes it takes some time to receive a response regarding an issue. Our order processing department would like more details about why a credit card is declined. Review collected by and hosted on G2.com.

What problems is Signifyd solving and how is that benefiting you?

Time. Not much time is spent verifying the legitimacy of customers and businesses. They provide a safety net for small businesses regarding fraudulent charges. Review collected by and hosted on G2.com.

Verified User in Consumer Goods
UC
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Signifyd?

When our business grew to a point where we could no longer manually review each order, we began losing significant amounts of money to fraud. Signifyd has cut our losses down to very manageable amounts. Their claims process is simple and straightforward and reimbursement is fast. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Orders are occasionally declined for reasons that are unclear. There is an appeals process, but it is somewhat opaque. Review collected by and hosted on G2.com.

What problems is Signifyd solving and how is that benefiting you?

Our fraud losses are small, leaving us time to help our legitimate customers. Review collected by and hosted on G2.com.

Ida L.
IL
Customer Service Director
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Signifyd?

Reliable and peace of mind with all the transactions, easy to use and support always there to help. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Sometimes you forget that you have an extra check on transactions :) Review collected by and hosted on G2.com.

What problems is Signifyd solving and how is that benefiting you?

Fraud Review collected by and hosted on G2.com.

Verified User in Retail
UR
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Signifyd?

The platform is very easy to integrate and user friendly. The team is always there to assist if we need them or have questions. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

I would like to see more reporting (I might just not be familiar with this). Would be interested in being able to Edit what can be seen in the dashboard so we can give access to more employees without sharing too much customer information. Review collected by and hosted on G2.com.

What problems is Signifyd solving and how is that benefiting you?

We use Signifyd for fraud check for our online orders and this is assisting us in reducing the number of fraudulent orders. Review collected by and hosted on G2.com.

Laci D.
LD
Content and Marketing Manager
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Signifyd?

The best thing about Signifyd for us is the guaranteed fraud protection. However, the overall ease of use for our team members as well confidence we have gained with approving orders we may not have in the past. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

None of our team care for the updated admin screen, even those who traditionally embrace software changes and facelifts.

Also, address changes for orders that take more than 14 days to ship are a major pain. Review collected by and hosted on G2.com.

Recommendations to others considering Signifyd:

Signifyd has had a wonderful impact on our business. We've been able to be more confident more often with accepting orders and it all happens very seamlessly. As a result, it has helped our business grow. Signifyd is worth looking into to see if it could be a good fit for any online company looking to grow and improve the customer experience. Review collected by and hosted on G2.com.

What problems is Signifyd solving and how is that benefiting you?

We have had to question much less as far as if an order was potentially fraudulent. This created more positive experiences with our customers. Not only has our business grown but it's made the process of doing so easier. Review collected by and hosted on G2.com.

Response from Nicole Hauger of Signifyd

Hi Laci,

I manage our Success Squad here at Signifyd and I wanted to reach to personally thank you for taking the time to provide your feedback! We are taking your feedback into consideration and we have shared it with our Product Team.

Here at Signifyd we are continually working to improve our products and services and we are so glad you took the time to share your experience.

Thank you again!

Verified User in Luxury Goods & Jewelry
AL
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Signifyd?

The depth of the information given about the individual making the purchase. We can reference the information against our database. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Sometimes there is an issue with seeing orders in the dashboard. Review collected by and hosted on G2.com.

What problems is Signifyd solving and how is that benefiting you?

They are solving the issue that we have zero recourse for shipping items to new customers. This allows a peace of mind that we were unable to achieve before. Review collected by and hosted on G2.com.

Verified User in Consumer Electronics
UC
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
(Original )Information
What do you like best about Signifyd?

Easy to navigate in the console to review orders; I like the ability to flag orders as either bad or good; the guarantee on orders approved provide peace of mind for a reasonable cost that even if there is a chargeback for unauthorized use, my company will be reimbursed. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

I would like to have a more than 7 days between when the chargeback occurs and the last day to file for a payback on a guaranteed order. With notification delays or issues from our current payment gateway, I have occasionally been shut out from filing a claim for the guarantee or am filing on the last day possible. I would also like to have a more detailed reason on why the transaction was not approved for the guarantee. Review collected by and hosted on G2.com.

Recommendations to others considering Signifyd:

Signifyd has a known cost and provides peace of mind for credit card transactions by providing a guarantee if there is a chargeback on an order that has been approved for a guarantee. Signifyd allows us to focus on our business instead of worrying about credit card fraud issues, which are becoming more and more prevelant. Review collected by and hosted on G2.com.

What problems is Signifyd solving and how is that benefiting you?

Signifyd has caught many potentially fraudulent orders involving unauthorized use of credit cards and we have been able to greatly reduce the number of chargebacks due to unauthorized use of credit cards. This has saved our company thousands of dollars and hours of administrative work by avoiding the chargebacks. We feel comfortable relying on Signifyd and do not process orders that are declined for guarantee and gain some sales by processing some larger orders with the Signifyd guarantee that we previously might not have processed as they looked suspicious. Review collected by and hosted on G2.com.

Verified User in Sporting Goods
AS
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Signifyd?

Quick Analysis, easy to use. Gives me insight into my customers

Plus this helps me sleep at night and lowers blood pressure! Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

I hate the new console. The search function is the worst design and not easy to use

Lack of phone number for support... i get it, but sometimes I just want to speak with someone

Lack of a manual Blacklist- the fraudies sometimes circle back with a different account. It would be great to flag an address (billing or shipping), an email, IP address, phone number, ETC.

Lack of a manual white list- or ignore list. Great for those dealer accounts that don't require protection. Review collected by and hosted on G2.com.

Recommendations to others considering Signifyd:

Internet fraud is easy, preventing it doesn't need to be. Open up those fraud filters on your gateway and let signifyd do their thing! Review collected by and hosted on G2.com.

What problems is Signifyd solving and how is that benefiting you?

Avoiding chargebacks, and saving time wondering "what if i ship this?" Review collected by and hosted on G2.com.

Verified User in Electrical/Electronic Manufacturing
UE
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Signifyd?

The portal Signifyd has is very easy to use and they only require a few details to start your claim. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Their systems seem to be still learning the Australian landscape but they do what they can to ensure feedback is taken on board. Review collected by and hosted on G2.com.

What problems is Signifyd solving and how is that benefiting you?

We have a very small window with our payment processor to get chargeback claims in but Signifyd will fight this battle for us. Review collected by and hosted on G2.com.