Riskified

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SoftwareWorld Editorial Review

Why SoftwareWorld Chooses Riskified

"Fraud prevention is one of the bigger headaches for online retailers, and Riskified helps businesses handle that without manually reviewing every order. It works well for e-commerce teams that deal with high transaction volumes and need faster, more confident decisions on which orders to approve or decline. Smaller businesses with limited online sales may find the service harder to justify, as the value tends to grow more with scale."
Decision Snapshot

Riskified Evaluation Snapshot

Review the most important product facts, official access information, and SoftwareWorld’s page-level trust standards in one place.

User Rating4.9 / 5
Starting Price$0.01 / feautre
Free TrialNot specified
Free VersionNo
APINot specified
DeploymentCloud Hosted
HeadquartersUnited States
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Product Overview

Riskified Overview

Product description, media, company details, support, training, deployment, customer size, languages, and industries.

About Riskified

Riskified is a cutting-edge financial fraud detection software that helps eCommerce businesses prevent fraudulent transactions and reduce chargebacks. The platform uses advanced machine learning algorithms and real-time data analysis to identify suspicious activity and block potential fraud. With Riskified, businesses can assess transaction risk, approve legitimate orders, and automatically flag fraudulent ones, all while maintaining a seamless shopping experience for genuine customers. The software also provides detailed reporting on fraud trends and customer behavior, allowing merchants to optimize their fraud prevention strategies. Riskified’s scalability makes it suitable for businesses of all sizes, from small online retailers to large enterprises. By reducing fraud and improving order approval rates, Riskified helps businesses increase revenue while minimizing financial losses.
Company Riskified
Founded 2012
Headquarters United States
Employees NA

Support

24x7 Support Email Phone Chat FAQs/Forum

Training

In-person Live Online Documentation

Licensing & Deployment

Proprietary Cloud Hosted Web-Based

Typical Customers

Self-Employed Small-Business Midsize-Business
Languages Supported 1 language available
English
Industries Served 4 industries available
Internet Luxury Goods & Jewelry Machinery Retail

Why Choose Riskified

Problem it Solves

  • Problem it Solves Fraud Prevention For Online Merchants To Increase Sales And Reduce Chargebacks

Target Users

  • Target Users E-commerce Merchants
  • Target Users Fraud Prevention Analysts
  • Target Users Payment Processors
  • Target Users Online Retailers
  • Target Users Customer Experience Managers

Core Use Case

  • Core Use Case Prevent Fraud In E-commerce Transactions
  • Core Use Case Optimize Payment Approval Rates
  • Core Use Case Enhance Customer Experience
  • Core Use Case Reduce Chargebacks And Operational Costs
  • Core Use Case Analyze Transaction Data For Insights

USP

  • USP Boost ECommerce Revenue With Seamless Fraud Prevention

Pros

  • Pros Fraud decisions arrive in milliseconds, keeping checkout abandonment low
  • Pros Chargeback guarantee removes financial liability entirely from merchants
  • Pros Machine learning improves accuracy the more transaction data it processes
  • Pros Approval rates noticeably increase without trading off on security
  • Pros Works well across multiple geographies and international payment methods
  • Pros Dedicated account support helps merchants fine-tune performance over time

Cons

  • Cons Chargeback guarantee model may not suit all merchant risk profiles
  • Cons Advanced fraud rules offer little room for manual merchant override
  • Cons Pricing structure scales in ways that surprise faster-growing retailers
  • Cons Approval rate improvements take time to surface meaningful baseline data
Editorial Buyer Guidance

Who Is Riskified Best For?

Review the buyer problem, target users, practical use cases, and product differentiator identified by the SoftwareWorld review team.

Problem It Solves

Fraud Prevention For Online Merchants To Increase Sales And Reduce Chargebacks

Target Users

  • E-commerce Merchants
  • Fraud Prevention Analysts
  • Payment Processors
  • Online Retailers
  • Customer Experience Managers

Core Use Cases

  • Prevent Fraud In E-commerce Transactions
  • Optimize Payment Approval Rates
  • Enhance Customer Experience
  • Reduce Chargebacks And Operational Costs
  • Analyze Transaction Data For Insights

Unique Selling Point

Boost ECommerce Revenue With Seamless Fraud Prevention

Strengths and Limitations

Riskified Pros & Cons

Consider the practical advantages and limitations identified through SoftwareWorld's product assessment.

+

Pros

  • Fraud decisions arrive in milliseconds, keeping checkout abandonment low
  • Chargeback guarantee removes financial liability entirely from merchants
  • Machine learning improves accuracy the more transaction data it processes
  • Approval rates noticeably increase without trading off on security
  • Works well across multiple geographies and international payment methods
  • Dedicated account support helps merchants fine-tune performance over time
!

Cons

  • Chargeback guarantee model may not suit all merchant risk profiles
  • Advanced fraud rules offer little room for manual merchant override
  • Pricing structure scales in ways that surprise faster-growing retailers
  • Approval rate improvements take time to surface meaningful baseline data
Category-Based Capabilities

Riskified Features

Each category combines the selected software category, its category-specific description, and the features assigned to that category.

Chargeback Management Software 16 selected features Open category ↗
Real-time Alerts Payment Fraud Prevention Transaction Monitoring Chargeback Tracking Debit/Credit Card Processing Refund Management Third-Party Integrations Real-Time Reporting Custom Fraud Rules Case Management Response Management Dispute Management Financial Transaction Approval AI/Machine Learning API Artificial Intelligence
Financial Fraud Detection Software 7 selected features Open category ↗
For Banking Internal Fraud Monitoring For Insurance Industry Customer Accounts Check Fraud Detection Custom Fraud Rules Data Discovery
Connected Applications

Riskified Integrations

Integration information is displayed only when approved integration products are available on the profile.

Pricing Information

Riskified Pricing

Pricing type, currency, trial availability, payment frequency, destination links, and package-level starting prices.

Pricing Type Per Feature
Preferred Currency USD ($)
Free Trial NA
Free Version NA
Payment Frequency Monthly Subscription
Basic
$0.01 Per Feature

Prices shown are profile information and may not include taxes, regional differences, introductory terms, usage limits, or add-ons. Confirm current plans on the vendor website.

Verified User Feedback

Riskified Reviews

Approved reviews submitted through verified Google or LinkedIn reviewer accounts.

Write a Riskified Review ↗
4.9
Based on 2 approved reviews
5 stars 88%
4 stars 13%
3 stars 0%
2 stars 0%
1 star 0%
Johana M.
Johana M. Sales consultant

A reliable tool I would confidently recommend

This tool has been very useful for me and I would easily recommend it to others. It helps detect fake or fraudulent purchases and has made my e-commerce website feel much more secure. Overall, it does a great job, though faster customer support and slightly better pricing would make it even better.

Reviewed on June, 2021
EDWARD A.
EDWARD A. Product Owner

Easy-to-use and well-structured fraud prevention solution

There is a small learning curve with Riskified, but it is not difficult to overcome. Once familiar, the platform makes fraud management smooth and even enjoyable. The portal is flexible and detailed, allowing fraud data to be viewed in many useful ways.

Reviewed on May, 2021
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Frequently Asked Questions

Riskified FAQs

Answers generated from approved profile information, selected options, packages, integrations, support, training, deployment, and devices.

Riskified is a cutting-edge financial fraud detection software that helps eCommerce businesses prevent fraudulent transactions and reduce chargebacks. The platform uses advanced machine learning algorithms and real-time data analysis to identify suspicious activity and block potential fraud. With Riskified, businesses can assess transaction risk, approve legitimate orders, and automatically flag fraudulent ones, all while maintaining a seamless shopping experience for genuine customers. The software also provides detailed reporting on fraud trends and customer behavior, allowing merchants to optimize their fraud prevention strategies. Riskified’s scalability makes it suitable for businesses of all sizes, from small online retailers to large enterprises. By reducing fraud and improving order approval rates, Riskified helps businesses increase revenue while minimizing financial losses.

  • No, Riskified does not offer a free version.

  • Yes, Riskified offers a free trial.

  • No, Credit Card details are not required for the Riskified trial.

  • Riskified offers the following pricing plans & packages:

    Basic

    $0.01 Per Feature

  • Riskified supports the following payment frequencies:

    • Monthly Subscription

  • No, Riskified does not offer an API.

  • Riskified can be integrated with the following applications:

    • Salesforce Sales Cloud , NetSuite , Slack , BigCommerce , Shopify , Adobe Commerce , WooCommerce , Oracle Commerce , Zendesk Suite , Google Analytics , Dynamics 365

  • Riskified offers support with the following options:
    • 24x7 Support , Email , Phone , Chat , FAQs/Forum

  • Riskified offers training with the following options:
    • In-person , Live Online , Documentation

  • Riskified supports the following languages:
    • English

  • Following are the typical users of the Riskified:
    • Self-Employed , Small-Business , Midsize-Business

  • Riskified supports the following deployment:
    • Cloud Hosted

  • Riskified supports the following devices and operating systems:
    • Web-Based
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