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Signifyd Reviews & Product Details

TS
Director, Partnership Channels
Enterprise (> 1000 emp.)
Business partner of the seller or seller's competitor, not included in G2 scores.
"Signifyd offers an Industry-leading fraud solution for ecommerce retailers"
What do you like best about Signifyd?

Their revenue and abuse protection solutions which reduces revenue leakage is often a problem with other fraud providers. I also like their post purchase client support and dedication to client satisfaction. Signfyd is the ideal fraud solution for e-retail and ecommerce brands that operation at the mid-market and enterprise level. Signifyd also has solutions in place to address Europe’s PSD2 and Australia's CNP Fraud Mitigation Framework. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Signifyd checks all of the boxes when it comes to fraud mitigation, protection and maximizing conversion. The fraud tech category is flooded with competing fraud technology. There is not immediately identified down-side to Signifyd, as they continue to innovate and evolve as the marketplace evolves. Review collected by and hosted on G2.com.

Signifyd Product Details

Signifyd Integrations

(5)
Verified by Signifyd

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.
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329 Signifyd Reviews

4.6 out of 5
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329 Signifyd Reviews
4.6 out of 5
329 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.
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JF
eCommerce Director
Mid-Market (51-1000 emp.)
"Signifyd is the best fraud protection tool that actually works"
What do you like best about Signifyd?

I like Signfyd because it gives us peace of mind knowing order are being processed in real time with a system that leans and adapts. Weve seen a significant reduction in charge backs, which directly impacts our revenue and operations. I liked the integration with their platform because it was quick and easy, and the dashboard is intuitive, allowing you to quickly see the status of each transaction and make informed decisions if intervention is necessary. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

I dont have much to say. If I had to mention something that could be improved, it would be the customization of the rules, it could be a bit more flexible, and I understand that part of that value will lie in allowing the system to make automated decisions based on machine learning. Review collected by and hosted on G2.com.

MP
Fraud Prevention Specialist
Small-Business (50 or fewer emp.)
"Signifyd is great because it guarantees 100% chargebacks"
What do you like best about Signifyd?

What I liked most is that Signifyd can handle many functions, such as fraud management and chargebacks, and we have a much more comprehensive view. I liked that we were freed from fraudulent orders and are very confident in using it. Overall, I love the interface and the support team, as they answered and resolved any questions we had early on. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Its been a good tool so far, and it hasnt caused any serious problems or anything. Thats why I like it. Review collected by and hosted on G2.com.

KD
Project Manager
Small-Business (50 or fewer emp.)
"Signifyd tool that boosts our E-commerce through its functions"
What do you like best about Signifyd?

What I like is the complete automation that frees up my team, and the financial gaurantee on chargebacks gives us complete peace of mid. Plus, we gain a lot of confidence in accepting high-value orders, which translates into a direct increase in revenue by reducing false charges and, therefore, optimizing workflow. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Sometimes the algorithm rejects clients we already know and are legitimate, which is something I dont like at all. Review collected by and hosted on G2.com.

FM
Transaction monitoring analyst
Automotive
Small-Business (50 or fewer emp.)
"No more chargeback nightmares thanks to Signifyd's guarantee, it's amazing."
What do you like best about Signifyd?

Signifyd is guaranteed fraud protection. It is great that in case they authorize an order and it happens to be a fraud they are 100% chargeback, which is a godsend in itself. Another huge gain on our part is the automation. Before Signifyd, we spent hours on end reviewing the suspicious orders manually but Signifyd has done a far better job which has cut down our fulfilment process considerably. It also minimizes unjust rejections catastrophically, which means that we won t be rejecting people who can make us money, who may have seemed shady to our outdated system, increasing our revenues. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

The price would most likely be my primary objection, the fees on extremely low average order businesses or those with closely margined businesses can easily total up. Review collected by and hosted on G2.com.

DG
Customer Service Coordinator
Small-Business (50 or fewer emp.)
"Signifyd is an exceptional fraud detection product with a great user experience"
What do you like best about Signifyd?

I like that its very useful and easy to navigate, so that when canceling an order, you can access it and see the reason for the cancellation. Its also very use-friendly. I also love the consoles user experience and the chargebacks process, but I really liked its ease of use. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

From my point of view it has been good, except that on occasion some legitimate orders have been flagged as fraudulent. Review collected by and hosted on G2.com.

AF
Fraud Prevention Specialist
Information Technology and Services
Mid-Market (51-1000 emp.)
"Automatic fraud protection saves us tons of time everyday"
What do you like best about Signifyd?

We enjoy Signyfyd’s automatic fraud alert system which identifies suspicious orders before we go ahead to process them. Connecting Signifyd with our platform enables us to track transactions in real time as other part of our process. What I most appreciate is that, it directly integrates with our payment processors and gives us comprehensive reports to enable us to act efficiently. Signifyd has automated our process by reducing much of the manual fraud assessment time. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Signifyd is fantastic at identifying fraudulent activity but suffering from too many occurrences of “false positives”. At times, nevertheless, valid directives are erroneously marked, and additional steps are required, leading to delays. In this scenario, it can be annoying, especially when our sales are on the rise, and we must move promptly. Notably, there are occasional hiccups on integrating Signifyd with our older systems meaning that there is a little lag in order handling. Review collected by and hosted on G2.com.

AK
Revenue protection specialist
Apparel & Fashion
Small-Business (50 or fewer emp.)
"Now orders get protected automatically and I love it"
What do you like best about Signifyd?

Signifyd’s help with payment disputes is very valuable to us. When customers claim they didn't receive their items, Signifyd resolves the issue, relieving us of the need to gather proof. As a result of this support, our staff feel less stressed. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

I'm worried about Signifyd because it sometimes rejects real orders. Repeat customers can get flagged as suspicious, and we must check to ensure they aren't blocked. Being slow to react can harm our sales. Review collected by and hosted on G2.com.

RL
Operations Manager
Mid-Market (51-1000 emp.)
"Signifyd anti-fraud protection that has saved us more than once"
What do you like best about Signifyd?

The first thing I liked was it accuracy since its implementation. I also noticed a considerable reduction in chargebacks. I also like that it analyzes each request almost instantly and gives us a clear answer; accept, reject, or review. It also offers a guarantee for certain requests, which gives us great peace of mind. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

The only negative thing has been that in some cases the automatic rejections seem to be too strict with new customers. Review collected by and hosted on G2.com.

NW
Marketing Specialist
Apparel & Fashion
Small-Business (50 or fewer emp.)
"Signifyd transforms our business more real transactions with maximum security"
What do you like best about Signifyd?

What I like most is how smart it is at spotting real customers. It doesn't block good orders and helps keep every transaction safe. Because of that, I have seen more successful sales and fewer problems. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

The only tough part is getting used to how it works. The desktop and mobile versions look a bit different, which can be confusing at first. But once you get used to it, the mobile app is quite easy to use. Review collected by and hosted on G2.com.

TR
Senior Director of Ecommerce
Small-Business (50 or fewer emp.)
"Honestly is the best tool in fraud prevention"
What do you like best about Signifyd?

I liked it because it reduces fraud and increases sales and improves payments processes and truth became a fundamental tool because it works well and is very complete for online purchases and guarantees sales and everything is very good to avoid electronic fraud. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

My only advantage I think it is in the control panel sometimes the guarantee of an order is canceled. Review collected by and hosted on G2.com.

Pricing Insights

Averages based on real user reviews.

Time to Implement

2 months

Return on Investment

8 months

Average Discount

10%

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Signifyd Features
Transaction Scoring
Risk Assessment
Intelligence Reporting
Fraud Detection
Alerts
Real-Time Monitoring
Device Tracking
Fraud Markers
Blacklisting
Fraud Markers
Transaction Scoring
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