Finally, transparent pricing for a KYC solution!

Incorporating VerifiMe into your onboarding process delivers choice to your customers in sharing their personal information and a means to gain operational and cost efficiencies for your business.

Promotional Offers

    • 100% off Onboarding Costs

    • 100% off Monthly Subscriptions (12 months)

    • 50% off Onboarding Costs

    • 50% off Monthly Subscriptions (12 months)

    • 30% off Onboarding Costs

    • 30% off Monthly Subscriptions (12 months)

    • 10% off Onboarding Costs

    • 10% off Monthly Subscriptions (12 months)

Small Medium Business

For organisations wanting to get up and running now and will expect to onboard less than 200 customers per annum.

    • Establish Client Portal instance for your business.

    • Logo upload for branded customer onboarding request.

    • Configuration of Rule Engine in alignment with your AML/CTF program or customer onboarding policies.

    • Verification of 5 individuals as administrative users.

    • 1 × 30-minute scheduled session for administrator orientation and training

    • 3 × 15-minute, fortnightly Customer Success follow up sessions.

      $3,000 (less Promotional Offer).

    • Ongoing Customer Support

    • Scheduled Client Success

    • Secure Data Retention

    • Ongoing Product Development

      $40 per month (less Promotional Offer).

    • $6 Individuals (incl AU/NZ)

    • $15 Individuals (excl AU/NZ)

    • $20 Partnerships and Sole Traders (including associated Individuals)

    • $30 (Private/Public Company (includes 2 Individual Directors)

    • $35 Self-Managed Super Fund- Regualted

    • $40 Simplified Unregulated Trust (includes 3 Individuals)

    • $40 Public Listed Company (AU)

  • Additional services are available including: 

    • PEP/Sanction checks  

    • Wholesale Certificate Verifications,

    • Criminal Watchlists,

    • Adverse Media Checks,

    • Bankruptcy Checks,

    • Credit Checks,

    • Property Title Checks

    • Property Valuation Checks

    • Working With Children Checks

    • National Police Checks,

    • and Bespoke services.

      Price on application

Enterprise

For organisations that complete KYC checks on more than 200 customers annually, have complex AML/CTF obligations, or want to integrate into an existing solution?

    • Price on application. Requires scoping and quotation.

    • Price on application. Requires scoping and quotation.

    • POA - Individuals (incl AU/NZ)

    • POA - Individuals (excl AU/NZ)

    • POA - Partnerships and Sole Traders (including associated Individuals)

    • POA - (Private/Public Company (includes 2 Individual Directors)

    • POA - Self-Managed Super Fund- Regualted

    • POA - Simplified Unregulated Trust (includes 3 Individuals)

    • POA - Public Listed Company (AU)

  • Additional services are available including: 

    • PEP/Sanction checks  

    • Wholesale Certificate Verifications,

    • Criminal Watchlists,

    • Adverse Media Checks,

    • Bankruptcy Checks,

    • Credit Checks,

    • Property Title Checks

    • Property Valuation Checks

    • Working With Children Checks

    • National Police Checks,

    • and Bespoke services.

      Price on application

    • Price on application. Requires scoping and quotation.

    • Price on application. Requires scoping and quotation.

      Price will depend on the number of entities to be verified and onboarded and their complexity.

Launch VerifiMe Today!

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Launch VerifiMe now - all your AML/CTF, KYC, KYB and identity checking in one place

Frequently Asked Questions

  • Verification Fees - these are charged when a verified entity (your customer) grants permission to your business/service via their VerifiMe wallet. For example, a wallet owner will grant permission for their individual identity, that will then be assessed against your rules. The verified legal entity when assessed against your rules is considered a transaction, and the appropriate “Verification Fee” is applied.

  • The setup process typically takes between 2-4 hours for most smaller businesses. The exact duration can vary depending on the level of organisation within the business and the number of Administrators being trained. Complex AML/CTF programs may also take a little longer to configure specific rules.

    As this is software as a service, once we have agreed terms, we can deploy the client environment, set up your rules, verify Admins and perform basic training.

    You can then send invites, publish on your web site or integrate into a current process if required.

    Larger organisations will require scoping to deploy, and time will depend on options chosen.

  • Yes, the product was built with fund managers and AUSTRAC reporting entities in mind, based on our founders’ experience working with them over the last 20 years.

  • The pricing is very simple and transaction-based with the expected cost efficiencies that come from a network-based solution. Pricing has been built to trade off customers’ granting permission to a business, allowing them access to their verified credentials.

    As VerifiMe performs the verification process, there are significant cost efficiencies in the staff of a business not having to perform this step, the time spent in seeking the documentation from the customer, checking it (and handling sensitive data) as well as the training costs on how to verify more complex legal entities.

    Whilst the convenience of a sharable verified identity benefits the customer in the form of convenience, the business benefits in operational efficiencies and lower transaction cost per verification, as the verified identity can be permissioned many times.

  • Quite simply no - like BPAY it is a user preference to utilise this form of verifying themselves and they can access and set up a wallet without charge.

  • The monthly subscription fee covers the cost of retaining data within your business’s instance of VerifiMe, paying our Support and Customer Success Teams and ongoing product development.

    Once a legal entity is verified and assessed through a business’s rules, a record of the assessment, any mitigations taken, tracking notes and audit logs is retained for reporting purposes.

    Our Support and Success teams work together to make sure both Customers and Businesses are getting the most from VerifiMe. This includes communicating with Customers and assisting with the Wallets and Verification setup as well as assisting Businesses with training and customer success.

    Our continuous development aims to consistently bring further value to both the Customers and Businesses on the VerifiMe Network.