Compare Shopify and Signifyd

Comparison

Shopify Logo

Shopify

Everything you need to start, run and scale your business. Find out more
Signifyd Logo

Signifyd

Put CX at the heart of ecommerce operations. Strike the perfect balance between conversion and fraud prevention. Find out more
Try ShopifyTry Signifyd
Why you should consider it
  • Enterprise-grade solutions for high volume merchants
  • Millions of businesses worldwide are powered by Shopify
  • Over $200 billion USD in sales made with Shopify
  • Try Shopify free for 14 days no credit card required
  • Signifyd Guarantees 100% Fraud Protection
  • Signifyd Increases Average Order Value by up to 10%
  • Signifyd Reduces False Declines by up to 90%
What are the benefits?
  • Easy to use and easy to setup
  • Integrates well with external providers
  • Over 3000 apps to plugin
  • Enhanced Customer Experience
  • Improved Security
  • Increased Revenue
  • Reduced Fraud
Things to look out for
  • Can be more expensive over time
  • High transaction fees
  • Relies on third party apps for many features
  • Costs
  • Integration
  • Scalability
  • Security
Who is it for?
  • Dropshippers
  • Ecommerce Professionals
  • Entrepreneurs
  • Freelancers
  • Retailers
  • Small Business Owners
  • Wholesalers
  • E-commerce Businesses
  • Financial Institutions
  • Online Marketplaces
  • Payment Processors
  • Retailers
Features

Dropshippers

Shopify

Millions of businesses in 175 countries around the world have made over $200 billion USD in sales using Shopify.

Help & Support

Can I Build A Shopify Store Myself?

It's really easy to setup Shopify without coding, and in less than an hour you can have your own online store. It's probably one of the main reasons that Shopify is probably the most popular online store platform.

Is Shopify Good For Beginners?

Shopify is an excellent choice for people starting out their own business, but there's many things you need to consider, and it will take a little effort on your part. First of all, you need a great product to sell.

But once you've decided you need an online shop, Shopify can take out all of the headache of building a website, setting up a payment merchant and invoicing, email communications and shipping updates.

What Exactly Does Shopify Do?

Shopify is an online platform which helps you to bring together all the tools you need to manage an online store. You can build and customise an online store and also sell online or offline (for example face-to-face in a market, shopping centre) as well as social media integration.

How Much Does It Cost To Set Up A Shopify Store?

The monthly subscription fee starts from as low as $29 USD for the basic plan. Use Shopify Payments and pay no transaction fee. If you choose an external payment gateway, there will be additional fees of 2%, 1% or 0.5% for Basic Shopify, Shopify, and Advanced Shopify plans, respectively.

However to make your store a success, you'll also want to get a custom logo, branding and other marketing materials. Overall, expect to pay somewhere between $2,000 to $3,000 to get started.

How do I set up a Shopify store step by step?

It's easy to setup a Shopify store, in less than 15 minutes.

  1. Signup for Shopify and add products to your store
  2. Customise the branding and look of your website
  3. Setup a custom domain, to improve trust and brand identity
  4. Activate your merchant provider, to accept payments
Can you make money on Shopify?

Shopify is a platform that allows you to sell anything to anyone. As long as you have a business idea, and strong processes for designing, building and fulfilling a product or service, you can sell on Shopify.

Is Shopify easy to set up?

It's the fastest way to get online and start selling, without having to worry about setting up a website or merchant payment facilities.

Can I use Shopify POS if I have multiple cash registers in use at the same time?

Yes. You can install Shopify POS on multiple devices, and you won’t be charged any extra. Store activity on all devices is synchronized with your Shopify admin.

What does Shopify POS do?

Shopify POS is an application for iOS and Android devices that you can use for transactions in a physical store or pop-up setting. Find products, process orders, take payment, swipe credit cards, produce receipts, and control it all from your iPad or mobile device. All the background management of your store is done from your Shopify admin, which you can access using any browser.

Do I need a web host?

Shopify includes secure, unlimited ecommerce hosting on all plans except Shopify Lite. You can also use the Buy Button to add ecommerce to any existing website.

Can I use my own domain name?

Yes. You can purchase a domain name within Shopify, or use an existing one that you own. We also provide a free myshopify.com domain name to all stores on sign up.

Can I use a third party payment provider with Shopify?

Yes, Shopify supports many third party payment providers. Shopify uses a variety of third-party payment providers, including PayPal, Stripe, Authorize.net, and Amazon Payments.

Are there any transaction fees?

Use Shopify Payments and pay no transaction fee. If you choose an external payment gateway, there will be additional fees of 2%, 1% or 0.5% for our Basic Shopify, Shopify, and Advanced Shopify plans, respectively.

Is Shopify PCI Compliant or PCI Certified?

Yes. Shopify is certified Level 1 PCI DSS compliant. This means all your data and customer information is ultra secure.

Can I change my plan later on?

Absolutely! You can upgrade or downgrade your plan at any time.

Do you offer any discounted plans?

Yes, Shopify offer a 10% discount on annual plans and a 20% discount on biennial plans, when they are paid upfront.

How long are Shopify contracts?

All Shopify plans are month to month unless you sign up for an annual or biennial plan.

Can I cancel my account at any time?

Yes. If you ever decide that Shopify isn’t the best ecommerce platform for your business, simply cancel your account.

Do I need to enter my payment details to sign up?

No. You can sign up and use Shopify for 14 days without entering your payment details. At the end of your trial, or when you decide to launch your store, you will need to pick a plan and enter your payment details.

Is there a setup fee?

No. There are no setup fees on any of Shopify plans.


Signifyd

Signifyd: Fraud Protection for Ecommerce Businesses

Signifyd is a fraud protection service designed to help ecommerce businesses protect their customers and their bottom line. It uses machine learning and advanced analytics to detect and prevent fraud in real-time. Signifyd offers a comprehensive suite of fraud protection services, including chargeback protection, identity verification, and automated fraud prevention. It also provides detailed reporting and analytics to help businesses better understand their fraud risk and take proactive steps to reduce it.

Who Should Use Signifyd?

Signifyd is ideal for ecommerce businesses of all sizes. It is especially beneficial for businesses that process a large volume of transactions, as it can help them reduce their fraud risk and protect their customers. Signifyd is also a great choice for businesses that want to automate their fraud prevention processes and reduce the amount of manual work required.

Key Benefits and Features

How Does Signifyd Compare to Its Competitors?

Signifyd is one of the leading fraud protection services for ecommerce businesses. It offers a comprehensive suite of features and benefits, including real-time fraud detection and prevention, chargeback protection, identity verification, automated fraud prevention, and detailed reporting and analytics. Signifyd is also highly scalable and can be easily integrated with major ecommerce platforms. Compared to its competitors, Signifyd offers a more comprehensive and cost-effective solution for ecommerce businesses.

Help & Support

What is Signifyd?
Signifyd is a fraud prevention platform that helps ecommerce businesses reduce chargebacks and false declines, while increasing revenue and customer satisfaction.
What types of businesses use Signifyd?
Signifyd is used by ecommerce businesses of all sizes, from small businesses to large enterprises.
What features does Signifyd offer?
Signifyd offers a range of features, including automated fraud detection, chargeback protection, and customer service automation.
How does Signifyd work?
Signifyd uses machine learning and artificial intelligence to analyze customer data and detect fraud. The platform then provides businesses with actionable insights to help them make informed decisions about their customers.
What payment methods does Signifyd support?
Signifyd supports all major payment methods, including credit cards, debit cards, PayPal, Apple Pay, and more.
Does Signifyd offer customer support?
Yes, Signifyd offers 24/7 customer support via phone, email, and live chat.

Upload file