Onboarding Friction for PSPs and KYB Delays

asked by u/min_wu · 5d · 2 answers

Anyone else finding KYB processes for new payment service providers increasingly cumbersome, especially when dealing with multiple legal entities? The timelines seem to be stretching, impacting quick pivots.

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  • u/ananya_bose· 3 pts· 5d

    Definitely seeing that too. The layered verification for each legal entity can turn what used to be a few days into weeks, especially if there are international subsidiaries involved. Have you found any PSPs that handle it more efficiently?

  • u/anakamura· 2 pts· 5d

    Absolutely, the multi-entity aspect adds a whole new layer of complexity. We've seen timelines double or even triple when additional legal structures are involved, which really stifles the agility you mentioned.

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