PSP KYC/KYB Friction and Scalability for Small to Mid-Sized Operators
We're running into persistent friction with PSPs on the KYC/KYB front, specifically as we scale. Initial onboarding is always a pain, lots of back-and-forth, but the real headache starts when transaction volumes increase or we need to add new product lines. It feels like every change triggers a full re-review, and their internal processes are clearly not designed for agile growth. The cost-benefit analysis on switching PSPs every year just to chase better support is getting old. Anyone else experiencing this, and how are you managing it without dedicating a full-time compliance person just to manage the PSP relationship?