Compare
APLYiD vs. PEXA Clear
For Aussie businesses who want their entire Tranche 2 obligations covered.
APLYiD vs. PEXA Clear
AML compliance comparison
PEXA Clear is pay per transaction with no subscription, a capable way to run identity checks. However, Tranche 2 also needs a documented AML/CTF program and trained staff, which it doesn't provide. APLYiD covers Tranche 2 for one flat fee.
Included
Not offered
Included
Not offered
Line by line breakdown
APLYiD
$125/month
Everything included
PEXA Clear
$160/month
Training and policy not included
You save $420/year with APLYiD (training and policy included)
$125
$160 +GST (assume 4 checks per case)
Included
Not offered
Included
Not offered
$37.50
$65
$125
$160 +GST
Why businesses prefer APLYiD to PEXA Clear
1. END-TO-END AML SOFTWARE
APLYiD gives you everything you need to manage AML for every listing - from start to finish.
2. AML TRAINING
Full access to accredited AML training for your team. Meet your mandatory training obligations.
3. AML/CTF POLICY BUILDER
Use our policy builder to create your custom AML/CTF policy, tailored to your agency.
One fee covers checks, training and policy
PEXA Clear's per check pricing is simple to start with, but training and policy aren't included. APLYiD bundles checks, training and your AML/CTF policy into one flat fee.
All your obligations sorted
PEXA Clear checks identity and flags risk, transaction by transaction, but doesn't cover the AML/CTF program or staff training Tranche 2 also requires. APLYiD covers the whole obligation under one login.
No surprise line items
PEXA Clear's bill moves with every transaction, plus exclusions like enhanced due diligence add extra charges. APLYiD's flat fee covers every listing's verifications with no surprises.
