Signifyd
4.5
333

Not Claimed

Signifyd is a payment protection service that aims to restore trust between merchants and customers by identifying the true identity and intent behind every payment.
Developer
Signifyd
Category
Commerce
HQ Location
San Jose, California
Year Founded
2011
Number of Employees
557
Twitter
Strengths
  • Fraud protection

    Signifyd provides a comprehensive fraud protection solution for e-commerce businesses.

  • Automated decision-making

    Signifyd uses machine learning algorithms to automate the decision-making process for fraud protection.

  • Chargeback guarantee

    Signifyd offers a chargeback guarantee, meaning they will cover the cost of any chargebacks that occur due to fraud that they failed to detect.

Weaknesses
  • Cost

    Signifyd's services can be expensive for small businesses or those with low transaction volumes.

  • Limited integrations

    Signifyd has limited integrations with e-commerce platforms and payment gateways, which may require additional development work.

  • False positives

    Signifyd's automated decision-making process may result in false positives, which can lead to legitimate orders being declined.

Opportunities
  • Signifyd has the opportunity to expand its services into new markets and industries beyond e-commerce.
  • Signifyd can form partnerships with e-commerce platforms and payment gateways to increase its reach and integration options.
  • Signifyd can expand its services beyond fraud protection to offer additional value to its customers.
Threats
  • Signifyd faces competition from other fraud protection providers, which may offer similar or better services.
  • Changes in regulations related to fraud protection or data privacy could impact Signifyd's operations and compliance requirements.
  • An economic downturn could lead to decreased e-commerce sales and demand for Signifyd's services.

Ask anything of Signifyd with Workflos AI Assistant

https://www.signifyd.com
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Review Distribution

  • 👍
    High - rated users

    Great product, minimal fee, easy integration, determination subject to input, appeal process available, seamless order updates.Difficult process to ignore custom checkout methods.

  • 🤔
    Average - rated users

    Quick reimbursement once approved.Gaps in what is reimbursable, short 7-day claim period.

  • 👎
    Low - rated users

    Well-designed UI, provides all necessary information for decision-making.No ability to re-screen email input for typos.

Media

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Signifyd Plan

Signifyd offers three pricing plans starting at $99/month, with features such as chargeback protection, fraud prevention, and revenue recovery.
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