Agentis vs Riskified
Quick Verdict
Riskified is a fraud prevention and chargeback liability shift tool. Agentis is the only platform that enforces profit floors in real-time at Shopify Plus checkout, evaluating live COGS, freight zones, and FX rates in under 10ms before an order is confirmed. They solve fundamentally different problems.
By Herzel MishelFounder, AgentisLast reviewed
The Core Difference
Riskified excels at fraud prevention and chargeback liability shift. It gives you visibility into what happened after orders are placed, helping you understand trends and make better decisions over time.
Agentis operates at a different layer entirely. Every checkout on your Shopify Plus store is evaluated against your live profit floor, pulling real COGS from NetSuite, applying freight zone costs, and adjusting for live FX rates, in under 10ms. Orders that fall below your margin threshold are blocked or modified before they're confirmed.
The result: you stop losing money on every unprofitable order, not just understand that you lost it.
Feature-by-Feature Comparison
| Feature | Agentis | Riskified |
|---|---|---|
| Real-time checkout enforcement | ||
| COGS tracking | ||
| Margin alerts | ||
| Shopify Plus integration | ||
| NetSuite / ERP integration | ||
| Freight zone modeling | ||
| FX rate adjustment | ||
| Checkout order blocking | ||
| Profit dashboard | ||
| Ad attribution | ||
| LTV analytics |
Why choose Agentis
- Blocks below-margin orders before they are confirmed. No post-purchase regret.
- Syncs live COGS from Oracle NetSuite via Celigo in real-time
- Applies freight zone cost modeling per shipment destination
- Adjusts for live FX rates on international orders automatically
- Evaluates every checkout in under 10ms with zero customer friction
- Purpose-built for Shopify Plus mid-market merchants ($1M–$50M GMV)
When to choose Riskified
Choose Riskified if you operate in a high-fraud-risk category (luxury goods, electronics, jewelry, travel) at enterprise GMV levels and need a chargeback-backed fraud platform with a strong vertical track record. Riskified competes directly with Signifyd; the choice between them is typically based on vertical specialization, pricing structure, and ML model fit to your traffic. For margin governance, Agentis is the orthogonal complementary layer.
Riskified Strengths
- Strong fraud detection track record, particularly in high-risk verticals like luxury, electronics, and travel
- Chargeback guarantee with full liability shift on approved orders
- Established enterprise customer base with proven ROI on chargeback recovery
- Real-time decisioning with high approval rates compared to internal fraud rules
Honest Assessment
Where Riskified falls short for margin protection
- Same as Signifyd: fraud-focused, not margin-aware; below-margin orders that pass fraud screening still confirm
- Enterprise-tier pricing structure typically inappropriate for sub-$10M GMV merchants
- Approval decisions are blackbox to merchants in some configurations, complicating margin attribution
- Integration effort is substantial; not designed for self-serve setup
Frequently Asked Questions
What is the difference between Agentis and Riskified?
Riskified is a fraud-prevention and chargeback-guarantee platform: it evaluates each order's fraud risk and either approves with chargeback liability shifted to Riskified, declines, or escalates. Agentis is a margin-governance platform: it evaluates each order's resulting margin given live COGS, freight, and FX, and blocks or adjusts orders below the configured profit floor. Fraud risk and margin risk are separate concerns; both need protection at scale. Riskified's strengths are a strong fraud detection track record in high-risk verticals like luxury, electronics, and travel, a chargeback guarantee with full liability shift on approved orders, an established enterprise customer base, and real-time decisioning with high approval rates compared to internal fraud rules. Its limitations in this comparison are that it is not margin-aware, its enterprise-tier pricing structure is typically inappropriate for sub-$10M GMV merchants, and integration effort is substantial. A merchant should decide whether its dominant checkout risk is fraud, margin, or both, and staff each with a tool built for it.
Does Riskified enforce margin floors on approved orders?
No. Riskified's decisioning is fraud-based. A fraud-clean order with a stacked discount that pushes margin below floor will pass Riskified's checks and ship at a loss. Margin enforcement requires real-time access to product cost data, which is outside Riskified's scope. Agentis fills that gap as a parallel checkout-time decision. Riskified's approval decisions can also be blackbox to merchants in some configurations, which complicates margin attribution after the fact. Its strengths are all on the fraud side: a strong track record in luxury, electronics, and travel, a chargeback guarantee with full liability shift, and high approval rates compared to internal fraud rules. None of those capabilities involve product cost, so approval should never be read as a signal that the order is profitable. Merchants with stacked discounts or volatile COGS should confirm that a cost-aware check runs alongside fraud screening on every order.
Should I choose Signifyd or Riskified for fraud prevention?
Both are strong; the choice typically comes down to vertical specialization (Riskified has historic strength in luxury and travel; Signifyd has strength in mass-market retail), pricing structure, and ML model performance on your specific traffic. Either can be paired with Agentis for the margin layer; the combined fraud + margin stack is what most enterprise merchants converge on. Both platforms offer a chargeback guarantee with liability shift on approved orders and real-time decisioning. Riskified's enterprise-tier pricing structure is typically inappropriate for sub-$10M GMV merchants, its integration effort is substantial, and approval decisions can be blackbox in some configurations, so weigh those factors against its vertical track record. Neither platform is margin-aware: below-margin orders that pass fraud screening still confirm. Merchants should run the fraud decision on their own traffic profile and keep the margin layer independent of whichever vendor wins.
Can mid-market Shopify Plus merchants use Riskified?
Riskified can technically be deployed at mid-market scale but its pricing and integration effort are typically not justified below $20M+ GMV. For mid-market Shopify Plus merchants, Shopify-native fraud screening plus Agentis for margin governance is usually a more cost-effective combination. Larger high-fraud-risk merchants benefit more from the full Riskified deployment. The integration effort is substantial, since Riskified is not designed for self-serve setup, and its enterprise-tier pricing structure was built for enterprise GMV levels. Where Riskified earns its place is high-fraud-risk categories such as luxury goods, electronics, jewelry, and travel, where its vertical track record and chargeback guarantee with full liability shift matter most. Whatever fraud tool a mid-market merchant chooses, below-margin orders that pass fraud screening still confirm, so margin governance stays a separate requirement. Decide by comparing your chargeback exposure and category risk against the effort and cost of a full enterprise deployment.
Related Solutions
Agentis Solution
Shopify Plus Profit Analytics
Go beyond Shopify’s native reporting with real-time margin intelligence that factors in live COGS from NetSuite, freight zone costs, and FX rates.
Agentis Solution
Ecommerce Margin Protection Software
Real-time visibility into per-order, per-SKU, and per-channel profitability using live data from your ERP, logistics, and FX systems.
Related Reading
Benchmark
Payment Processing Fees by Method: 2026 Benchmarks
Stripe (2.9%+30¢), Shopify Payments (2.15-2.9%), PayPal (2.59-3.49%), Apple Pay, ACH benchmark fees. 2026 update with mid-market median rates.
Profit Governance
Negative Margin Order
An order where the total variable costs (COGS, shipping, discounts, payment fees) exceed the revenue collected, resulting in a net loss on the transaction.
Margin Analysis
Contra-Revenue
Revenue deductions that reduce gross revenue to net revenue -- including refunds, returns, chargebacks, discounts, and allowances -- often underestimated in ecommerce P&L reporting.
Free Audit
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