About Signifyd

Signifyd is a cloud-based eCommerce protection platform designed to help businesses of all sizes prevent fraud and maximize conversions. The Signifyd Commerce Network houses behavioral and transactional data for over 10,000 merchants in over 100 countries worldwide. This solution uses advanced machine learning and can be tailored to specific business needs. It offers guaranteed INR (Item-Not-Received) protection, promotion/coupon abuse protection, unauthorized reseller protection, customer abuse scoring, chargeback recovery, plus more.

Signifyd’s three core modules include a Decision Center, Agent Consol, and Insights Reporting. With the platform’s Decision Center, merchants can create custom policies, test/simulate results, and integrate poli...


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Supported Operating System(s):

Web browser (OS agnostic)

55 Reviews of Signifyd

Average User Ratings

Overall

4.65 / 5 stars

Ease-of-use

4.5

Value for money

4.5

Customer support

4.5

Functionality

4.5

Ratings Snapshot

5 stars

(40)

40

4 stars

(6)

6

3 stars

(4)

4

2 stars

(0)

0

1 stars

(1)

1

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 55 results

May 2019

Anonymous

Verified Reviewer

Company Size: 11-50 employees

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

4.0

Functionality

5.0

May 2019

Say goodbye to Chargebacks

Overall it has saved us thousands of dollars and the team has reembursed us a number of times already for chargebacks on orders they approved. Highly recommend for any US eCommerce vendor.

Pros

Absolutely great product. Before Signifyd we would have major chargebacks on large purchases every month or so which meant we were out on both the merchandise and the money. We didn't have a way of fighting it and we were losing a lot of money. The system integrated easily with Magento, their fee is minimal , their determination is subject to your input, even if the software flagged something as Fraud you can appeal and a human will check and can override the system. It seemlessly updates the orders in Magento with the decision or the revision of whether an item is fraud or not. Really really great.

Cons

We had a lot of custom checkout methods that were getting flagged and the process of getting Signifyd to ignore them was not simple, it required changing the code rather than just a configuration.

October 2019

Kaitlin from Lacoste

Company Size: 10,000+ employees

Industry: Apparel & Fashion

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

October 2019

Happy customer for 5 years

We do not need to dedicate resources to fraud management. We can leave this to Signifyd and trust the outcome of their decisions.

Pros

The software has been stable and trustworthy for the past 5 years

Cons

The actual software algorithm is not clear on how competitively differentiated it is from others in the market

Reasons for Choosing Signifyd

The team remained dedicated to Lacoste while we tested with a subset or orders for many years before fully moving to their solution.

Reasons for Switching to Signifyd

Signifyd's solution is proactive and aligns with our business goals.

March 2020

JUSTIN from STOKEHOUSE UNLIMITED

Company Size: 51-200 employees

Industry: Retail

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

2.0

Value for money

2.0

Customer support

1.0

Functionality

3.0

March 2020

Good idea and review but a bit pricey and leaves coverage gaps

generally good idea but gaps in coverage (what is reimbursable) and claim time frame can be greatly improved.

Pros

fraud/customer review. quickness of reimbursement once approved

Cons

leaves gaps in what is "reimbursable" and the window to submit a claim is ridiculous. Needs to be 30 day claim period, not 7.

Reasons for Choosing Signifyd

sales person

March 2021

James from Nuna Baby Essentials, Inc

Company Size: 51-200 employees

Industry: Consumer Goods

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

4.0

Value for money

4.0

Customer support

5.0

Functionality

4.0

March 2021

Signifyd Review

As mentioned before. This system is a game-changer. It saves time and provides us with a level of comfort for all orders reviewed.

Pros

We've been using the product since 2016. As I recall, the implementation was quick and painless. The team at Signifyd guided us through the entire process. The software is a game-changer. I utilize it as a first pass. Then review any and all orders in the declined phase. We resubmit many of those orders for a manual secondary review by the Signifyd staff. The turnaround time for the secondary reviews is extremely fast and the decisions are well documented.

Cons

The only immediate downfall I can think of is the inability to keep internal notes for declined orders. We use a secondary system to capture notes about the declined orders and actions taken after our final review is completed.

Reasons for Choosing Signifyd

Ease of use and payment guarantee related to approved orders.

March 2020

Matt from Englin's Fine Footwear

Company Size: 11-50 employees

Industry: Retail

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

March 2020

Great and easy to use

It has saved us so much time scrutinizing orders. We can just take care of fulfilling and not worry about if an order is fraud or not. This also helps us be less confrontational with customers on orders that look suspicious. Many are, in fact, fine.

Pros

The approval rate is very high. Since they only get paid on orders they approve, they have an incentive to approve as many as possible. This has lead to us being able to take orders that were risky that we wouldn't have normally taken without an increase in our fraudulent order rate.

Cons

You only have 7 days to report a chargeback for reimbursement. For a small company, sometimes it's hard to get the reimbursement filed when you have multiple fires that need putting out during the busiest seasons.

Reasons for Choosing Signifyd

Better shopping cart integration, price, features.