There is an effective Fraud Prevention guaranteed with Riskified
June 27, 2022

There is an effective Fraud Prevention guaranteed with Riskified

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Riskified

Riskified helps us avoid chargebacks and fraudulent transactions. Factors such as client, payment, and order information, as well as device, network, and connected order data, are all taken into consideration by the machine learning algorithm. Since we began working with them, the number of charge-backs has decreased dramatically. Riskified will pay for any necessary reimbursements in the event of a chargeback.

Pros

  • The user interface is straightforward.
  • Accurate identification of fraudulent purchases.
  • Compatibility with the popular CRM system Salesforce.

Cons

  • As far as I'm concerned, PayPal's interoperability is lacking.
  • Needs a visual representation of all associated accounts.
  • Warning signs aren't always accurate.
  • It is ideal for online stores that process hundreds or even thousands of sales per day.
  • It works with a wide variety of systems and supports popular payment processors like Stripe and Deco.
  • Riskified will pay for any refunds that aren't approved.
It is a versatile platform that enables us to adequately tailor our system to our needs and supplies us with precise and complete information on the current standing of disputes.
We have been able to acquire prompt replies and solutions when submitting claims and getting reimbursed thanks to Riskified, which is a safe platform. These platforms guarantee accurate fraud detection, offer follow-up for any disputes that arise, and give extensive information in the form of reports.
These solutions provide precise fraud detection, dispute follow-up, and in-depth reporting. Riskified is used by our company to handle chargeback and fraud issues. Due to the ability to seek chargeback fraud reimbursements, we feel more secure making purchases abroad.

Do you think Riskified delivers good value for the price?

Yes

Are you happy with Riskified's feature set?

Yes

Did Riskified live up to sales and marketing promises?

Yes

Did implementation of Riskified go as expected?

Yes

Would you buy Riskified again?

Yes

For online retailers, Riskified is a solid choice. It makes it easier to check if an order is legitimate, see why it was denied, and cancel it before it's even completed. E-commerce platforms like PayPal, Stripe, and Deco are supported, as well as others like Magento Commerce and PrestaShop.

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