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Signifyd Reviews & Product Details - Page 9

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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This seller hasn't added their security information yet. Let them know that you'd like them to add it.
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
Play Signifyd Video
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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G2 reviews are authentic and verified.
Verified User in Retail
AR
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Signifyd?

Good approval rates and easy to submit claims Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Only 7 days to submit. Could be longer, like 10 days or one week. Review collected by and hosted on G2.com.

Recommendations to others considering Signifyd:

Does what you need. Good with chargeback payments. Review collected by and hosted on G2.com.

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

Fraud risk is much lower with Signifyd insurance. Review collected by and hosted on G2.com.

Verified User in Food & Beverages
UF
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Signifyd?

The approve/deny decision is near-instantaneous. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Chargeback coverage is guaranteed only for fraudulent transactions (no other chargeback reasons are covered). Review collected by and hosted on G2.com.

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

Manual verification is no longer necessary when using Signifyd, saving significant time. Review collected by and hosted on G2.com.

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

Makes us feel secure and protected against fraud. This tool saves us time and resources. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

When we release new updates on our M2 site, sometimes it can cause issues with checkout. Most likely the result of our M2 site (less about Signifyd) Review collected by and hosted on G2.com.

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

Protected against fraud and minimal intervention needed from our CS team. Review collected by and hosted on G2.com.

Jessica T.
JT
drop ship processor
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Signifyd?

details about the potential orders/customers

the option to search for other places where the IP addresses, names, phone numbers and names have been used on Google, signifyd and other places on the internet. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

the scoring system is not easy to understand. not enough details on the scores the customer/ potential customer receives.

sometimes it seems to take a while to receive the status on an order which slows down our order processing. the email section isnt real clear either. for example. " At this merchant, Signifyd has never seen an order from "example" before 2021-07-21." i am not real sure how to interpret this because there have been times where a customer has placed orders before the mentioned date, using the same info on the current order.

i dont care for the layout of the dashboard. Review collected by and hosted on G2.com.

Recommendations to others considering Signifyd:

better layout, more details on point system and more support available. the points thing is a big issue and needs more of a description behind the score it gives our customers Review collected by and hosted on G2.com.

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

our previous method we would have to eyeball a customers ID and card they used for the order which was very time-consuming. we have avoided some fraud orders with Signifyd. there arent really any problems to solve so i cannot answer that question. one benefit is not having to ask customers to send sensitive information through email so that we can verify/confirm their identity. Review collected by and hosted on G2.com.

Response from Gayathri Somanath of Signifyd

Jessica, thank you for your feedback and taking the time to provide details on where the product experience could improve. Feedback from our users is very valuable to us.

We are always working on improvements and enhancements to our product and the product and design team at Signifyd would love to chat with you in more detail. We have a new design of our console in early beta testing that we want to share with you as well. If you are open to a chat, please do email us at product@signifyd.com. Look forward to hearing from you!

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

Signifyd provides lots of useful information, such as email age and "Device" information, which gives details if the order was placed from a proxy or not, if someone has done chargebacks, and I'm able to compare the address with its distance and on a map. Even though I am not mentioning several other things that Signifyd has the offer, every single thing is useful and helps me out with my task of determining if a case is a fraud or not. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

What I dislike about it is that the information given sometimes is not enough to determine if a case is really a fraud or a gift and that sometimes I need to refresh the website so I can look into another case. Besides all these details, Signifyd is still a great, useful tool! Review collected by and hosted on G2.com.

Recommendations to others considering Signifyd:

Totally recommend using Signifyd for investigating fraud orders. It is a helpful tool since it provides IP information (and it even detects if an order was placed with a proxy). Review collected by and hosted on G2.com.

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

Helps me solve cases that I am unsure about if whether they're a fraud or not, or reassures me they are. Review collected by and hosted on G2.com.

Luis O.
LO
Head Of Customer Service
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Signifyd?

Our pass-through rate has improved without any degradation of the customer experience. A big plus is also that we're now hands-off chargeback responses. All we had to do was provide a CRM link; it was that easy.

I also would say our support experience led by Sean Has been beyond our expectations. He provides valuable insight and goes above and beyond to ensure we're doing everything possible to grow in our internal brands.

A+ service. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Nothing at all to mention on this front as Sean and Signifyd is hitting all SLA marks, included unrivaled customer support. Review collected by and hosted on G2.com.

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

Fraud detection and charge back responses. Review collected by and hosted on G2.com.

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

The User interface is simple to navigate Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Improve blacklist process. User blacklist submissions through interface would be ideal Review collected by and hosted on G2.com.

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

Chargebacks and Fraudulent Orders. Less time is being spent by staff reviewing flagged for Fraud. Review collected by and hosted on G2.com.

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

How simple the process is after a charge back, and hasslefree Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

With 3D Secure being a necessity it makes the services provided lass cost effective Review collected by and hosted on G2.com.

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

Charge back cases and time spent by employees fighting these Review collected by and hosted on G2.com.

Verified User in Retail
UR
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Signifyd?

Reliable, easy, and saves us time & money. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

I don't really like the spelling of Signifyd. Review collected by and hosted on G2.com.

Recommendations to others considering Signifyd:

You get what you paid for Review collected by and hosted on G2.com.

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

Fraud patterns / prevention Review collected by and hosted on G2.com.

Verified User in Computer Hardware
AC
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 takes the investigative work out of placing orders. As an online reseller, we have had issues with chargebacks and losses associated. We found Signifyd and were able to quickly set up the integrations with NetSuite. We are saving time not investigating questionable orders, and letting Signifyd make the decision for us. We have expereinced one chargeback since our go-live, and Signiyd was quick to issue credit against our account once the chargeback was resolved. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Our dislikes are likely integration issues. Our team is still adding additional data points. Review collected by and hosted on G2.com.

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

We are solving the problem of chargebacks and staff hours spent researching customers on questionable orders. We have realized time savings, allowing these employees to take on new tasks benefiting Appogee, as well as financial savings in not being hit with chargebacks. Review collected by and hosted on G2.com.