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FastOCR vs Bank Statement Magic

A side-by-side comparison built from both listings. Blank cells mean the company has not given that detail; we never guess.

FastOCR compared with Bank Statement Magic
DetailFastOCR logo FastOCRBank Statement Magic logo Bank Statement Magic
What it doesFree online OCR for images and scanned PDFs in 100+ languages Convert bank statement PDFs to Excel or CSV in seconds with 99.9% accuracy
StageStartup Not given
Founded2024 2023
Based inNot given IN
Pricing modelNot given Freemium
PricingFree: unlimited image OCR (3 images/day without account), 50 PDF pages/month. Pro Plan: $9.99/month for 1,500 PDF pages/month with translation and AI Polish. Page Packs (one-time): 500 pages $4.99, 2,500 pages $19.99, 10,000 pages $69.99, 25,000 pages $149, 100,000 pages $499. Bank Statement Packs: Free Plan: 7 conversions per day, no credit card required. Standard: $10/month for 600 pages/month. Pro: $15/month for 1,000 pages/month. Pro Plus+: $20/month for 1,500 pages/month. Business: $50/month for 5,000 pages/month. Annual billing offers up to 20% discount.
Key features
  • OCR in 100+ languages including handwriting and complex scripts
  • Searchable PDF (PDF/A) generation with embedded text layer
  • Bank statement extraction to Excel, CSV and JSON
  • Recognition of complex and right-to-left scripts
  • AI Polish for OCR error correction on single images
  • Zero-registration image to text conversion
  • Text translation to 100+ languages
  • REST API with OpenAPI 3.0 specification
  • Batch upload up to 25 files
  • Files encrypted in transit and at rest with AES-256
  • AI-powered bank statement recognition for all layouts worldwide
  • Converts statements in under 5 seconds
  • 99.9% accuracy across all bank statement formats
  • Support for password-protected PDFs
  • Multiple export formats: Excel, CSV, Tally Prime, QBO, QIF, QFX, OFX, XLSX, IIF, QFX
  • Direct integration with Tally Prime, QuickBooks, Xero, Sage, Wave, FreshBooks, Zoho Books
  • 256-bit AES encryption for all file transfers
  • Automatic file deletion within 24 hours (paid) or 12 hours (free)
  • In-browser editing of individual transactions before download
What makes it different
  • No signup required for image OCR
  • Supports handwriting and complex scripts without manual language selection
  • Files automatically deleted after 30 days with no manual action needed
  • Offline desktop apps for Mac and Windows keep files on your computer
  • Three download options: Raw Data (exact copy), Smart Data (cleaned), and Tally Prime XML
  • Handles both text-based and scanned PDFs automatically without manual settings
  • Trusted by 50,000+ users across 30+ countries
Community votes00
DR (Domain Rating by Ahrefs)2 no change since last check3 no change since last check
Trust Flow (Majestic)06
Citation Flow (Majestic)2512
Referring domains (Majestic)1916

5 details filled in for both companies.

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