Riskified Terms Scorecard

Grade C — Standard consumer terms (score 60/100)

Riskified forces binding arbitration and claims a perpetual license to user feedback, but provides a clear 48-month data retention policy.

Includes forced arbitration and perpetual license, but provides clear retention.

Terms at a glance

Sells your data
NO
Forced arbitration
YES
Trains AI on your content
YES
Collects biometric data
NO
Shares data with government
YES
Easy to cancel
NO
Tells you before changes
YES
Deletes data on request
YES

What the terms actually say

Section 13.3 — Arbitration

any controversy, dispute or claim arising out of or related to this Agreement ... shall be settled by final and binding arbitration

You cannot take the company to court; you must use private arbitration.

Section 10.2 — Feedback License

Client grants to Riskified ... a worldwide, perpetual, irrevocable, royalty-free license to use and incorporate into Services any suggestion

Any ideas or feedback you provide become the company's property forever.

Section 5.3 — Early Termination

Client may terminate an Order Form for convenience upon ninety (90) days written notice ... Client shall pay Riskified an Early Termination Fee

You are penalized financially if you choose to end your service contract early.

Data Retention

The personal data we collect is retained only for as long as necessary ... up to 48 months from when such personal data was received by us.

The company explicitly states how long they keep your data.

Changes to this Notice

If we revise this Notice in a manner that materially and adversely affects your rights ... we will post such change prior to its implementation.

The company commits to notifying you before making significant changes to their privacy practices.

Last reviewed 2026-08-03 under rubric v3.5.

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