Veryfi vs Mindee: Pricing and Which OCR API Fits

Last updated July 2026.

Veryfi and Mindee are both developer-first OCR APIs built for financial documents, but they bill in opposite units. Veryfi charges per document, up to 15 pages each, at $0.08 a receipt and $0.16 an invoice. Mindee charges per page, where one credit equals one physical page, starting at $44 a month. That single difference, per document versus per page, decides which is cheaper for you, and the answer flips depending on how many pages your average document has.

Veryfi vs Mindee at a glance

Every figure here was read from each vendor's own pricing page in July 2026. Both companies change prices, so confirm on the live pages before you budget.

How does Veryfi pricing work?

Veryfi bills per document, not per page. Its own pricing page is explicit: you are charged per document sent to the API, and one API transaction covers a document of up to 15 pages. The a la carte rates are $0.08 for a receipt, $0.16 for an invoice or a W-2 or W-9, and $0.25 for a bank check or bank statement. The Free tier processes up to 100 documents a month, and the paid Starter plan carries a $500 monthly minimum that you draw down at those rates. Growth is quote-only and adds volume discounts and model fine-tuning.

The consequence of the per-document unit is that Veryfi is cheap on long documents and expensive on short ones. A 15-page bank statement is one $0.25 document, under two cents a page. A single-page receipt is one $0.08 document, eight cents for that one page. We break down the full rate card and the $500 floor on our Veryfi pricing page.

How does Mindee pricing work?

Mindee bills per page. Its pricing page states that the number of credits is determined by the total number of physical pages submitted to the API, so one credit equals one page regardless of document type or file format. The Starter plan begins at $44 a month and Pro at $116 a month, each billed against a monthly credit volume you select at signup, with a 10 percent discount for annual billing. Enterprise is custom, annual, and starts at 500,000-plus credits. There is a 14-day free trial rather than a standing free allowance.

Because Mindee's price scales with the credit volume you choose, the exact per-page rate depends on the tier you pick in the signup flow, which the public page does not spell out for every volume. What is clear and verified is the unit: you pay per page, so a 15-page statement costs 15 credits while a one-page receipt costs one.

Is Veryfi or Mindee cheaper?

It depends on your average pages per document, and there is no universal winner. On short, single-page documents at volume, Mindee's per-page unit and $44 entry price are hard to beat, and Veryfi's $500 monthly floor makes low volume expensive. On long, multi-page documents, Veryfi's per-document unit wins clearly: a 15-page statement is one billable document on Veryfi and 15 billable pages on Mindee.

So the honest test is a two-line calculation. Take your real document mix, count the average pages per document, and multiply each vendor's unit out across a month of your actual volume. If most of your documents are one or two pages and you send thousands a month, lean Mindee. If your documents are long statements or contracts, or your volume is low enough that a $500 floor stings, the picture changes. Do not trust a single headline number from either.

Which has the better free tier?

Veryfi, for evaluation. Its Free tier processes up to 100 documents a month on an ongoing basis, across all document types, which is enough to test real workloads without a clock running. Mindee offers a 14-day trial, which is fine for a quick technical proof but expires, so you cannot lean on it for a small production trickle the way you can with Veryfi's standing 100 documents.

Which is better for developers embedding capture?

Veryfi has the edge if you need to capture documents inside your own mobile or web app, because it ships native iOS, Android, and browser capture SDKs alongside the REST API. Mindee is API-first and expects you to send files you already have, which suits back-office and server-side pipelines. If your users photograph receipts in your app, Veryfi's SDKs save real engineering. If you are batch-processing files that arrive by other means, Mindee's simpler API surface is enough.

What do both tools leave you to build?

Both return extracted fields and stop there. Neither one classifies a mixed batch of unknown document types for you out of the box, routes low-confidence reads to a human reviewer with a built-in screen, or posts the result into your accounting system. Those steps are yours to build and maintain around the API. Once the fields are out of a stack of receipts, many teams just need to get that receipt data into a spreadsheet, which is a smaller job than a full extraction pipeline and worth scoping honestly before you commit to either API.

If you would rather not build the classification, review, and export layer at all, a ready-to-use product handles the whole workflow. Our Veryfi alternative and Mindee alternative pages compare each API against that model feature by feature, including where each API wins.

The short version

Veryfi and Mindee solve the same problem with opposite pricing. Veryfi's per-document unit, up to 15 pages, rewards long financial documents and carries a $500 monthly floor. Mindee's per-page unit and $44 entry reward short, high-volume documents and expire the free access after 14 days. Neither is universally cheaper, and anyone who tells you one is has not asked how long your documents are. Count your average pages per document first, then compare. For the full rate cards side by side, see our Veryfi pricing breakdown and the multi-vendor OCR API pricing comparison.