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Signifyd Pros and Cons: Top Advantages and Disadvantages

Quick AI Summary Based on G2 Reviews

Generated from real user reviews

Users greatly value the fraud prevention of Signifyd, leading to increased orders and reduced stress in order processing. (48 mentions)
Users value the efficiency of Signifyd, significantly increasing order acceptance and eliminating fraud-related stress. (30 mentions)
Users love the effective fraud detection of Signifyd, making order processing seamless and stress-free. (28 mentions)
Users appreciate the ease of use of Signifyd, highlighting its seamless implementation and effective management of orders. (24 mentions)
Users love the fraud protection of Signifyd, ensuring secure transactions and significantly reducing order processing stress. (23 mentions)
Users express a need for greater customization in Signifyd's rules and reporting to better suit their unique business needs. (10 mentions)
Users express frustration with poor customer support, highlighting difficulty in reaching timely assistance when needed. (8 mentions)
Users find Signifyd expensive for small businesses, with high costs impacting accessibility and implementation success. (6 mentions)
Users experience too many false positives with Signifyd, causing delays and confusion with legitimate orders. (6 mentions)
Users report facing false positives which lead to unnecessary order rejections, impacting the experience for new customers. (6 mentions)
Users experience order rejections that may hinder first-time customers and affect overall sales due to strict automated policies. (5 mentions)
Users find a lack of clarity in Signifyd, especially in pricing and analytics, making it challenging to understand. (4 mentions)

Top Pros or Advantages of Signifyd

1. Fraud Prevention
Users greatly value the fraud prevention of Signifyd, leading to increased orders and reduced stress in order processing.
See 48 mentions

See Related User Reviews

JB

Josh B.

Small-Business (50 or fewer emp.)

4.5/5

"This software takes the risk out of online orders"

What do you like about Signifyd?

I love how much stress it takes off the plate of identifying potentially fraudulent orders when it comes to Signifyd. Previously, we spent time writti

BA

Bahtiar A.

Mid-Market (51-1000 emp.)

4.5/5

"Boost customer online payment experience and faster payment approval"

What do you like about Signifyd?

Faster integration with not only Shopify ecommerce platform, but also many more ecommerce platform like VTEX commerce platform. Block fraud attempt an

2. Efficiency
Users value the efficiency of Signifyd, significantly increasing order acceptance and eliminating fraud-related stress.
See 30 mentions

See Related User Reviews

JB

Josh B.

Small-Business (50 or fewer emp.)

4.5/5

"This software takes the risk out of online orders"

What do you like about Signifyd?

I love how much stress it takes off the plate of identifying potentially fraudulent orders when it comes to Signifyd. Previously, we spent time writti

BA

Bahtiar A.

Mid-Market (51-1000 emp.)

4.5/5

"Boost customer online payment experience and faster payment approval"

What do you like about Signifyd?

Faster integration with not only Shopify ecommerce platform, but also many more ecommerce platform like VTEX commerce platform. Block fraud attempt an

3. Fraud Detection
Users love the effective fraud detection of Signifyd, making order processing seamless and stress-free.
See 28 mentions

See Related User Reviews

JB

Josh B.

Small-Business (50 or fewer emp.)

4.5/5

"This software takes the risk out of online orders"

What do you like about Signifyd?

I love how much stress it takes off the plate of identifying potentially fraudulent orders when it comes to Signifyd. Previously, we spent time writti

BA

Bahtiar A.

Mid-Market (51-1000 emp.)

4.5/5

"Boost customer online payment experience and faster payment approval"

What do you like about Signifyd?

Faster integration with not only Shopify ecommerce platform, but also many more ecommerce platform like VTEX commerce platform. Block fraud attempt an

4. Ease of Use
Users appreciate the ease of use of Signifyd, highlighting its seamless implementation and effective management of orders.
See 24 mentions

See Related User Reviews

Jamie C.
JC

Jamie C.

Mid-Market (51-1000 emp.)

5.0/5

"Open collaboration and dialogue relationship"

What do you like about Signifyd?

Signifyd genuinely cares about their relationship with their clients and wants to grow and evolve with their needs. Product development is non stop an

Verified User
A

Verified User

Mid-Market (51-1000 emp.)

4.5/5

"Great tool but there are some uncertainties on the results generated"

What do you like about Signifyd?

What I like best about Signifyd is the combination of automated decisioning and flexibility. Their machine-learning engine consistently removes fricti

5. Fraud Protection
Users love the fraud protection of Signifyd, ensuring secure transactions and significantly reducing order processing stress.
See 23 mentions

See Related User Reviews

JB

Josh B.

Small-Business (50 or fewer emp.)

4.5/5

"This software takes the risk out of online orders"

What do you like about Signifyd?

I love how much stress it takes off the plate of identifying potentially fraudulent orders when it comes to Signifyd. Previously, we spent time writti

ray v.
RV

ray v.

Small-Business (50 or fewer emp.)

4.0/5

"Signifyd WORKS! A little costly , but worth it in increased lost orders"

What do you like about Signifyd?

I Love Signifyd! I have increased my orders SIGNIFICANTLY on our website. Before our fraud filters ruled out MANY orders, and we lost the order

Top Cons or Disadvantages of Signifyd

1. Limited Customization
Users express a need for greater customization in Signifyd's rules and reporting to better suit their unique business needs.
See 10 mentions

See Related User Reviews

HK

himanshi k.

Mid-Market (51-1000 emp.)

4.5/5

"Smart protection that works superb with any business"

What do you dislike about Signifyd?

Little bit complicated to learn first, Even I took so much time to understand the all features. Looking for more customization in reports that would b

Verified User
A

Verified User

Mid-Market (51-1000 emp.)

4.5/5

"Great tool but there are some uncertainties on the results generated"

What do you dislike about Signifyd?

What I dislike about Signifyd is the occasional lack of visibility into model changes and decision logic. While the platform is strong overall, adjust

2. Poor Customer Support
Users express frustration with poor customer support, highlighting difficulty in reaching timely assistance when needed.
See 8 mentions

See Related User Reviews

XL

Xavier L.

Mid-Market (51-1000 emp.)

5.0/5

"Signifyd the best protection tool against chargebacks and fraudulent activities"

What do you dislike about Signifyd?

My only complaint would be customer service, they are not good at responding in a timely manner.

CB

Cliff B.

Small-Business (50 or fewer emp.)

4.0/5

"Fraud worries are a thing of the past, thanks to Signifyd!"

What do you dislike about Signifyd?

Signifyd's initial setup can be a bit complex, especially for users who are not familiar with fraud management systems. The interface, while powerful,

3. Expensive
Users find Signifyd expensive for small businesses, with high costs impacting accessibility and implementation success.
See 6 mentions

See Related User Reviews

HD

Hanna D.

Small-Business (50 or fewer emp.)

4.5/5

"I no longer worry about chargebacks affecting our sales"

What do you dislike about Signifyd?

System configuration requires a significant amount of work to finish. A system's successful implementation requires staff knowledge in transaction pat

IA

Isham A.

Mid-Market (51-1000 emp.)

5.0/5

"Great application to improve fraud protection and detection"

What do you dislike about Signifyd?

More subscription package or plan that suitable for medium business. It will help us to continue with their service but with reasonable price.

4. False Alarms
Users experience too many false positives with Signifyd, causing delays and confusion with legitimate orders.
See 6 mentions

See Related User Reviews

Anna K.
AK

Anna K.

Small-Business (50 or fewer emp.)

4.5/5

"Now orders get protected automatically and I love it"

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

Verified User
U

Verified User

Small-Business (50 or fewer emp.)

4.0/5

"Great tool to simplify complex results"

What do you dislike about Signifyd?

Sometimes the automated flags seem inconsistent. More details regarding why something was blocked would be useful.

5. False Positives
Users report facing false positives which lead to unnecessary order rejections, impacting the experience for new customers.
See 6 mentions

See Related User Reviews

ZJ

Zasan J.

Small-Business (50 or fewer emp.)

4.0/5

"Good fraud prevention product with easy-to-use features"

What do you dislike about Signifyd?

Just minor issues on certain occasions like false positives and they should improve the user interface a bit.

GS

Gaylord S.

Mid-Market (51-1000 emp.)

5.0/5

"Reliable and good software with easy to use features"

What do you dislike about Signifyd?

If often causes problems with unreasonable rejection of orders.

6. Order Rejections
Users experience order rejections that may hinder first-time customers and affect overall sales due to strict automated policies.
See 5 mentions

See Related User Reviews

Anna K.
AK

Anna K.

Small-Business (50 or fewer emp.)

4.5/5

"Now orders get protected automatically and I love it"

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

GS

Gaylord S.

Mid-Market (51-1000 emp.)

5.0/5

"Reliable and good software with easy to use features"

What do you dislike about Signifyd?

If often causes problems with unreasonable rejection of orders.

7. Lack of Clarity
Users find a lack of clarity in Signifyd, especially in pricing and analytics, making it challenging to understand.
See 4 mentions

See Related User Reviews

SU C.
SC

SU C.

Mid-Market (51-1000 emp.)

4.0/5

"Awesome partner for fraud review"

What do you dislike about Signifyd?

I believe there are still some imporve compents on the user portals could be imporved for a much more helpful tool for Signifyd's clients. I have brou

Verified User
U

Verified User

Mid-Market (51-1000 emp.)

4.0/5

"Signifyd has assisted my company further decrease fraudulent purchases."

What do you dislike about Signifyd?

It would be helpful if Signifyd provided additional clarity on certain rejection decisions.

Signifyd Reviews (341)

Reviews

Signifyd Reviews (341)

4.6
341 reviews
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AA
Fraud Prevention / Inside Sales
Small-Business (50 or fewer emp.)
"Signifyd Continues to Evolve with the Times"
What do you like best about Signifyd?

Signifyd has continued to evolve since my last review, there's no complacency down there. The recent UI updates added additional intelligence points that enable us to quickly, and most important, accurately, screen for fraud. The new Power Search is a powerful tool and we've barely scratched the surface of what it is capable of. With Signifyd we haven't sent out a single fraudulent order in over 2 years now. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

There is a feature I've wanted for years but I'm not sure it's even possible. Signifyd notes when an individual is associated with previous chargebacks, which is fantastic, but it would be nice to have additional intelligence in regards to whether it was a fraudulent chargeback or for a legitimate reason. Review collected by and hosted on G2.com.

FF
Finance assistant
Mid-Market (51-1000 emp.)
"Protect money from fraudster activity and attempt"
What do you like best about Signifyd?

Automatic data analyst to check every payment made by customer, instant reject or profile block if the fraud scoring is more than the threshold, if the score is on average, the system will trigger for manual approval. Fake product orders to claim chargeback is fully stopped by the prevention system, it saves is from chargeback fee that payment gateway charge for every payment chargeback, which can amount in thousand every months. We work closely with customer support whenever we had issues like false positive detection or to lower the threshold score for certain profiles, they are easy to work with and always accomoditating. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Setup and configuration is very complex and need for technical users to work on it. When we implement it on the first month, multiple error appear and halting our operation, but good gesture from customer support service that tirelessly helping us to be back on track. I hope the operation will be more user-friendly and easy to use for novice user. Review collected by and hosted on G2.com.

AC
Audit and Assurance Manager
Hospitality
Small-Business (50 or fewer emp.)
"Signifyd brought definitive clarity to our sales"
What do you like best about Signifyd?

Signifyd is legitimately in a core sweet spot of rapidly approving those highly complex, high value orders that used to stall our fulfillment process. Our department is now able to confidently pass through custom product orders which would have been occurred through lengthy manual examination processes. This will radically decrease our lead times on bespoke set-ups, increasing our value unique customer experience straight away. It is also an assurance when shipping our unique products to different parts of the world. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

I would like to see more customizable views not only in fraud metrics but more customization around the operational impact to our internal teams. In some cases, very specific shipping address or excessively large first time order may be flagged, in which case immediate internal verification is necessary. Viewing the platform The changes in risk scores that are subtle can have more emphasis on the dashboard. Review collected by and hosted on G2.com.

Verified User in Gambling & Casinos
AG
Mid-Market (51-1000 emp.)
"Great tool but there are some uncertainties on the results generated"
What do you like best about Signifyd?

What I like best about Signifyd is the combination of automated decisioning and flexibility. Their machine-learning engine consistently removes friction for legitimate players while flagging the edge-case fraud patterns that are easy to miss manually. The real differentiator is the balance between speed and accuracy; orders are cleared quickly, but the system still provides deep transparency into the rationale behind approvals or declines. That allows us to reduce false positives, capture more revenue, and focus our human review team on the truly high-risk cases instead of wasting cycles on noise. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

What I dislike about Signifyd is the occasional lack of visibility into model changes and decision logic. While the platform is strong overall, adjustments to the machine-learning model can impact acceptance rates without advance notice, which makes it harder to forecast and explain fluctuations to stakeholders. Additionally, deeper configurability in tailoring rules to niche risk scenarios would help align the tool more closely with our business model. Review collected by and hosted on G2.com.

KF
Digital Fraud and Abuse Analyst
Mid-Market (51-1000 emp.)
"Signifyd the best intelligent tool against fraud"
What do you like best about Signifyd?

I really liked Signifyd, especially for its Machine Learning engine and its global commercial network, which are incredibly valuable, especially for our industry, as they allow us to make instant risk decisions and use intelligence data, and are essential for detecting risks and abuses in new openings of digital incentive services. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Requires considerable custom configuration to accommodate specific utility workflows. Review collected by and hosted on G2.com.

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.

SP
Emergency Coordinator
Mid-Market (51-1000 emp.)
"Complete protection against fraud orders and payments"
What do you like best about Signifyd?

Signifyd make it simple to integrate between fraud protection system with ecommerce platform, nothing too difficult that require too much configuration, a normal IT personnel can use it easily. Feature to automatically stop fraud payment from successfully make payment order is the best in my opinion, no manual detection anymore. We have saves thousands of money that we might have to pay to the chargeback fees is not for Signifyd help. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

We have no dislike or problem with this platform. The system truly a life-saver for any organization that need protection againts fraud activity or fault intention. Review collected by and hosted on G2.com.

SM
E-commerce Manager
Mid-Market (51-1000 emp.)
"Simplify fraud protection with automatic scanner"
What do you like best about Signifyd?

Love how fast and easy the detection system is scanning all customer profiles for suspecious activity. Any customer profile that is first time making a purchase but make a bulk order is blocked and alerted to administrator either to approve or reject the order. It is very important to block fraudulent purchase before they order and ask for chargeback that can cost too much in penalty fee. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Analytics report still is the same, no improvement to make it easier to be read by normal users. I really hope there are tools to transform the raw data into more visual or graphical report. Review collected by and hosted on G2.com.

FA
Customer success executive
Mid-Market (51-1000 emp.)
"Good solutions for ecommerce fraud protection with intelligence tools"
What do you like best about Signifyd?

Keep fraud order and attempt at the bay, help business to focus on selling product, not the technical headache on how to securing e-commerce store from fake order and suspicious profile, let the professional to cover it for us. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Nothing at the moment, everything that Signifyd has provide for now is enough for our business to run smoothly without having too worry about fraud attempt. Review collected by and hosted on G2.com.

FA
Fraud Analyst
Mid-Market (51-1000 emp.)
"Excellent tool against electronic fraud"
What do you like best about Signifyd?

I liked it since it was implemented because it completely transformed my work, as it is very good at detection due to its comprehensive protection system and its machine learning model that automates most process and prevent fraud. Review collected by and hosted on G2.com.

What do you dislike about Signifyd?

Signifyd is great but could use some improvement in the quality of its API and documentation. Review collected by and hosted on G2.com.

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