Software Alternatives, Accelerators & Startups

Multiply.cloud VS Riskified

Compare Multiply.cloud VS Riskified and see what are their differences

Multiply.cloud logo Multiply.cloud

Algorithmic Pricing for online markets | Multiply

Riskified logo Riskified

eCommerce fraud prevention solution and chargeback protection guarantee for online merchants. Find out how we can help your company boost revenue from online sales using our machine-learning powered eCommerce fraud protection software.
  • Multiply.cloud Landing page
    Landing page //
    2024-11-09

Multiply is the ultimate repricing tool for ambitious retailers. Sophisticated algorithms constantly monitor your competitors and optimise your prices across all your channels up to 30x per hour. You will find the โ€˜Goldilocks-perfectโ€™ pricing sweet spot; just low enough to win the Buy Box, but higher than you imagined possible (thanks to hidden factors like vendor reputation and competitor shipping).

The platform integrates with 130+ channels - including popular marketplaces like Amazon, comparison sites like Google Shopping, and your own storefront. Channel-specific pricing strategies adapt to each channelโ€™s unique competitive environment for maximum revenues.

  • Riskified Landing page
    Landing page //
    2023-10-20

Riskified

$ Details
-
Release Date
2012 January
Startup details
Country
United States
State
New York
City
New York
Founder(s)
Assaf Feldman
Employees
500 - 999

Multiply.cloud features and specs

No features have been listed yet.

Riskified features and specs

  • Chargeback Guarantee
    Riskified offers a chargeback guarantee on approved transactions, meaning if a fraudulent transaction is approved by their system, Riskified will cover the cost of the chargeback, providing a financial safety net for merchants.
  • Increased Approval Rates
    Merchants often see increased approval rates because Riskified's advanced algorithms and machine learning models are tailored to accurately identify genuine customers, allowing more legitimate transactions to be approved.
  • Global Solution
    Riskified supports a wide range of payment methods and currencies, making it suitable for merchants with a global presence and varying customer demographics.
  • Seamless Integration
    The platform offers seamless integration with major e-commerce platforms and payment gateways, reducing the time and effort required for merchants to set up and begin protecting transactions.
  • Advanced Analytics
    Riskified provides merchants with detailed analytics and reporting tools, helping them understand transaction patterns, assess risk, and optimize their operations.

Possible disadvantages of Riskified

  • Cost
    The service can be relatively expensive for smaller businesses, especially those with thin margins, as the pricing model typically involves a fee per transaction or a percentage of the transaction value.
  • Complexity
    For businesses without a dedicated team for fraud prevention, understanding and leveraging all the features and data that Riskified provides can be complex and time-consuming.
  • Dependence on External Provider
    Relying on Riskified for fraud prevention places a critical aspect of the business's operations in the hands of an external provider. Any downtime or service issues with Riskified could directly impact transaction processing.
  • False Positives
    While Riskified aims to minimize false positives, there is always a risk that legitimate transactions may be wrongly declined, which can lead to customer dissatisfaction and potential loss of sales.
  • Customization Limits
    Some merchants may find that the level of customization available in Riskified's fraud prevention algorithms and workflows does not fully meet their unique business needs or preferences.

Analysis of Riskified

Overall verdict

  • Riskified is generally considered a good solution for businesses looking to enhance their fraud detection and prevention capabilities. It is especially recommended for online retailers who wish to strike a balance between reducing fraud and maintaining a seamless customer experience.

Why this product is good

  • Riskified is a well-regarded eCommerce fraud prevention platform that leverages machine learning and big data to identify fraudulent transactions and boost conversion rates. It offers comprehensive solutions for chargeback protection, payment optimization, and account security. Many businesses appreciate its ease of integration, detailed analytics, and the ability to increase approval rates while minimizing fraud-related losses.

Recommended for

  • E-commerce companies
  • Online marketplaces
  • Retail businesses with significant online presence
  • Merchants dealing with high volumes of transactions
  • Businesses seeking advanced analytics for fraud insights

Multiply.cloud videos

No Multiply.cloud videos yet. You could help us improve this page by suggesting one.

Add video

Riskified videos

Riskified Educational Webinar: Automating The Fraud Review Process (Summer Boot Camp - 2nd Webinar)

More videos:

  • Review - Riskified Educational Webinar: Optimal Manual Review (Summer Boot Camp - 3rd Webinar)
  • Review - Riskified : Nanoleaf case study

Category Popularity

0-100% (relative to Multiply.cloud and Riskified)
eCommerce Tools
16 16%
84% 84
eCommerce
5 5%
95% 95
Price Optimization
100 100%
0% 0
Fraud Prevention
0 0%
100% 100

Questions and Answers

As answered by people managing Multiply.cloud and Riskified.

What's the story behind your product?

Multiply.cloud's answer

In 2014, we built a custom repricing product for one of our clients at Stratalis, our first startup. By 2017, it had grown to surpass the capabilities of most solutions on the market. Thatโ€™s when we realised its full potential and decided to found Multiply. Today, our omnichannel repricing platform helps hundreds of growing eCommerce vendors to price competitively across all their channels and maximize their sales โ€“ without hurting their margins.

Why should a person choose your product over its competitors?

Multiply.cloud's answer

  • Proven results and loyalty: 95% of users stay with Multiply after switching from another repricer.

  • Superior pricing logic: Instead of oversimplified rules, Multiply uses multivariate algorithms considering nuanced factors like shipping speed, condition, cost structures, etc., to maximize both wins and profits

  • Broad coverage across platforms: Many tools focus primarily on Amazon. Multiply extends across 130+ channels, enabling sellers to dominate all marketplaces with tailored strategies per channel

  • Control and transparency: Sellers get full control over strategies, repricing frequency, margin bounds, and can rely on margin calculations that factor in all costsโ€”commissions, shipping, returns, fulfillment

  • Handsโ€‘on support: Unlike competitors that offer limited selfโ€‘service, Multiply pairs users with account managers, provides custom development support, and delivers roundโ€‘theโ€‘year help

What makes your product unique?

Multiply.cloud's answer

Multiply is a highly sophisticated, omnichannel repricing solution that:

  • Uses granular, channelโ€‘specific algorithms that account for realโ€‘time competitor pricing, costs (like shipping, fees, returns), product condition, and seller reputation to find the price sweet spotโ€”winning the Buy Box at the highest margin possible .

  • Supports over 130 marketplaces (Amazon, Google Shopping, ManoMano, Fnac, CDiscount, etc.), websites, and comparison platformsโ€”far beyond most competitors

  • Offers full automation with repricing up to 30โ€ฏtimes per hour, unified pricing interface, customizable strategies, and real-time updatesโ€”all without manual intervention

  • Comes with dedicated onboarding, a personal account manager, and yearโ€‘round support

How would you describe your primary audience?

Multiply.cloud's answer

Our primary audience comprises ambitious, growthโ€‘oriented eCommerce sellers and marketplace vendors who:

  • Operate across multiple sales channelsโ€”from Amazon to niche marketplaces and their own storefronts.

  • Need to scale SKU-level repricing efficientlyโ€”whether managing hundreds or millions of items.

  • Want to win Buy Boxes and maximize margins without entering destructive price wars.

  • Value data-driven, automated workflows, but still require human support, strategic insights, and flexibility in pricing rules.

  • Represent both midโ€‘market and enterpriseโ€‘level businesses, including brands onboarding as well as seasoned marketplace professionals.

User comments

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What are some alternatives?

When comparing Multiply.cloud and Riskified, you can also consider the following products

RepricerExpress - RepricerExpress is a Amazon and eBay repricing solution to keep listings competitive without constant attention.

Signifyd - Signifyd is a SaaS-based, enterprise-grade fraud technology solution for e-commerce stores.

SellerMobile - The complete Amazon seller software. We provide insight into Orders, Customers & Inventory. Includes: Repricer, Restock, Feedback, Lost Sales.

Kount - eCommerce fraud detection & prevention

Syncron Global Pricing Management - Price management software from Syncron empowers manufacturers to evolve service parts pricing beyond cost-plus logic to price according to true value.

Sift - Digital Trust & Safety enables your business to grow, innovate, introduce new products, features, and business models โ€“ without increased risk.