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Free tool

KYC cost calculator

Work out what identity checks cost your money app each month, how many sign-ups end up verified, and the real cost per verified customer once drop-offs and manual reviews are counted. Free, no sign-up, nothing leaves your browser.

A quick ID check
  1. Add your photo ID
  2. Add proof of address
  3. Checked and verified

The starting figures are an example, not any provider's prices or rates: use your own quotes and sign-up numbers.

Cost per verified customer
ยฃ2.22
ยฃ1,600.00 a month on checks and reviews
Verified a month
720
Checks run
800
Not verified
280
Two women in suits

What KYC is

Checking that each customer is a real person and who they say they are, usually with a photo of an identity document and a selfie matched against it. For business customers, it also means checking the company and the people who own and run it.

Smiling man in a suit in a modern office

What a good check feels like

The customer photographs their passport or driving licence, then takes a short selfie, which is matched to the document photo. Most checks come back in minutes; a few need a person to look. Done well, it takes a couple of minutes and builds trust rather than putting people off.

See it happen

Your own money app
  1. Name it and pick your colours
  2. Choose what it does
  3. Launch when you are ready

Try it

Name your platform and watch it come to life

Type a name, tap a colour and pick what it does. The phone changes as you go.

Colour

What it does

Build mine

Design and preview your whole platform free, then launch when you are ready.

Identity checks built in

Every SendPay Business platform includes customer identity verification, with document and selfie checks wired into sign-up, so each customer is verified before they can hold a balance or be given a card.

Before you go

Create your free SendPay account

It's all about creating your own financial platform with ease. Start with a free account today.

  • A free business accountOpen it in about a minute with your business name, email, password and mobile. No card and no documents to start.
  • Get paid from day oneTake card payments, and share your own payment link and invoices so customers pay in a click.
  • A free business websiteFree to build, free to publish and free to keep, with unlimited visits.
  • Your own financial platformDesign and preview your whole platform free, then launch when you are ready.

SendPay Business is a technology company, not a bank. Accounts, cards and payments are powered by licensed partners.

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