specification: FinOps Framework
specificationVersion: '1.0'
schema: https://www.finops.org/framework/
provider: HyperVerge
providerId: hyperverge
created: '2026-07-12'
modified: '2026-07-12'
reconciled: false
tags:
- Identity Verification
- KYC
- India
- FinOps
- Cost Management
- FOCUS
description: >-
  FinOps view of HyperVerge spend. HyperVerge bills identity verification on a
  quote-based, volume-tiered model (Start / Grow / Enterprise). The dominant
  cost driver is the number of verifications performed - each document OCR / KYC
  extraction, face match, liveness check, or database verification is a billable
  transaction, with the per-verification unit rate decreasing as monthly volume
  increases. Advanced fraud-prevention modules can add incremental cost. There
  is no public per-unit price; amounts are negotiated with HyperVerge and are not
  reconciled here.
notes: >-
  Per-verification rates are quote-only and were not published at review time.
  For cost control, track billable verifications per module and per region host,
  and negotiate volume tiers against forecast onboarding volume. Reconcile actual
  unit rates and any module surcharges with HyperVerge sales.
sources:
- https://hyperverge.co/pricing/
- https://hyperverge.co/blog/cost-of-kyc/
- https://documentation.hyperverge.co/
- https://focus.finops.org/focus-specification/v1-3/
alignedWith:
  framework: FinOps Foundation Framework
  frameworkUrl: https://www.finops.org/framework/
  dataSpec: FOCUS
  dataSpecVersion: '1.3'
  dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/
publisherName: HyperVerge
serviceCategory: Identity and Fraud Prevention
billingModel:
  pricingCategory: Usage-Based
  billingFrequency: Monthly
  billingCurrency: USD
  chargeCategories:
  - Usage
  - Purchase
  - Adjustment
focusColumns:
  ServiceName: HyperVerge Identity Verification
  ServiceCategory: Identity and Fraud Prevention
  ProviderName: HyperVerge
  PublisherName: HyperVerge
  InvoiceIssuerName: HyperVerge
  BillingCurrency: USD
  ChargeCategory: Usage
  PricingCategory: Usage-Based
meters:
- name: kyc_verifications
  description: Document OCR / KYC extraction calls (readKYC, readPAN, readAadhaar, readPassport, readVoterID), billed per verification.
  unit: verifications
  aggregation: sum
  dimensions:
  - account
  - document_type
  - region
- name: face_match_checks
  description: Face match (verifyPair) calls, billed per verification.
  unit: verifications
  aggregation: sum
  dimensions:
  - account
  - region
- name: liveness_checks
  description: Passive liveness / presentation-attack checks (via SDK/Workflow), billed per verification.
  unit: verifications
  aggregation: sum
  dimensions:
  - account
  - region
- name: database_verifications
  description: Central database verification calls (verifyPAN, checkDL, checkVoterId, checkBankAccount, getNameFromPAN), billed per verification.
  unit: verifications
  aggregation: sum
  dimensions:
  - account
  - document_type
principles:
- name: Visibility
  description: Track billable verifications by module (OCR, face match, liveness, database) and by region host so cost maps to onboarding funnels.
- name: Allocation
  description: Use referenceId / transactionid on requests to attribute verifications to products, teams, or campaigns.
- name: Optimization
  description: Order the onboarding flow to fail fast (cheap validation before costlier database or biometric checks) and avoid redundant re-verifications; negotiate volume tiers against forecast volume.
- name: Accountability
  description: Assign owners per onboarding flow and review monthly verification counts and unit rates against the negotiated plan.
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com