Veryfi Receipts OCR API

Categories: Data Analysis, Business & Sales, Automation / Agents | Pricing: Freemium | Official Website ↗

Veryfi's Receipts OCR API transforms receipt images and PDFs into structured, machine-readable data using AI.

Veryfi's Receipts OCR API is an AI-powered solution that converts various receipt formats (PDF, image, handwritten, printed) into structured JSON data. It utilizes proprietary foundational AI models trained on hundreds of millions of receipts to extract detailed information, including line items, taxes, totals, barcodes, and vendor details, across 91 currencies and 38 languages. The API provides enterprise-grade accuracy and speed, making it suitable for automating data entry and processing. Beyond basic OCR, Veryfi offers a multi-modal data extraction powerhouse with capabilities like image intelligence (blur detection, smart cropping), content detection (logo, barcode), advanced text processing (multi-language OCR, handwriting detection), and document intelligence (data extraction engine, line item analysis). It also includes a robust fraud detection suite to identify altered, fake, or duplicate receipts, and AI-generated images, helping organizations prevent financial losses.

Key Features

Multi-modal data extraction from receipts
Extracts line items, taxes, totals, vendor details
Supports 91 currencies and 38 languages
Fraud detection (duplicate, altered, AI-generated receipts)
Image intelligence (blur detection, smart cropping)
Content detection (logo, barcode)
Advanced text processing (handwriting OCR)
Structured JSON output

Pros

High accuracy in data extraction across various formats and languages
Fast API response times for instant data processing
Includes robust fraud detection capabilities
Developer-friendly with SDKs and detailed API documentation
Supports a wide range of document fields (over 150)
Offers a free plan for initial testing and low-volume use

Cons

Starter plan has a high minimum monthly commitment ($500)
Volume discounts require contacting sales for specific rates
Advanced features like model fine-tuning are only available on the Growth plan
Pricing for many document types and add-ons is not transparently listed on the pricing page
Limited information on specific SLA options for lower tiers

Use Cases

Automating corporate expense management and reimbursements
Enhancing retail loyalty programs with automated purchase data capture
Integrating receipt data extraction into personal finance and expense tracking apps
Preventing receipt fraud and duplicate submissions
Streamlining data entry for accounting and financial operations

Best For

Developers building expense management applications
Fintech companies requiring receipt data extraction
Retailers managing loyalty programs
Businesses needing to automate accounts payable
Organizations focused on fraud prevention in expense reporting

Platforms: Web

Watch demo on YouTube ↗

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