Modern Customer Experience depends on real-time processing
- With the introduction of new ways like buy-online-pickup-in-store, traditional methods of fraud prevention like mailing address reference become obsolete.
- With Signifyd’s Order Automation, retailers can breathe easy, with legitimate orders approved in
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What is your main business reason for offering
Reasons for Omnichannel Initiatives
*Source: BOPIS Report / NRF Deck
To stay competitive retailers must offer fast and secure ways for customers to make purchases
- The review process comes down to seconds for retailers offering same day delivery or pick-up in store.
- Each new purchase and fulfillment technology exposes retailers to new types of fraud.
- Buy-online-pickup-in-store eliminates the need for a mailing address: a prime data point to verify the payment.
- Modern customers expect real-time updates of their order progress. Manual processes can never meet customer expectations.
How manual is your process?
How can Signifyd help?
- Signifyd leverages its ecommerce network data and uses alternate data points like order history, phone number, IP address proximity and social footprint to verify purchases with limited buyer information.
- We have a 100% money back guarantee on all shipped orders.
Signifyd Commerce Network leverages purchase transactionsand enables real-time end to end order automation.
How Signifyd enables you to capture more
The Signifyd Commerce Network includes transactional and behavioral data from 10,000+ merchants shipping products into 100+ countries, as well as leading data service providers.
80% Email Coverage
80% IP Coverage
75% Phone Coverage
77% Address Coverage
70% Device ID Coverage
96% of transactions identified by one or more of these variables
The Total Economic Impact™ of Guaranteed Fraud Protection
Forrester Consulting found that Signifyd helped a major retailer save substantially on operations and gain millions in revenue by shipping good orders that would have been declined by its legacy system.Key findings in this report:
Return on investment by installing Signifyd's
Financial benefit over three years of switching from legacy system to Signifyd
4.6 percentage points
Increase in approved orders using Signifyd rather than legacy system
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