Onboarding for new payment rails – are we ever going to get consistent timelines?

asked by u/hugo.weber · 12d · 1 answers

It's 2024 and we're still dealing with wildly unpredictable KYB processes when trying to onboard new payment rails, especially anything in the crypto space. One provider quotes 2-3 weeks, delivers in 5. Another promises 2 days, drags it out to a month because one 'tier 2' document is slightly misaligned. This isn't just an inconvenience; it directly impacts project timelines and revenue projections. Are others seeing any improvement here, or is it still the wild west with due diligence?

Join the full discussion

Top answers

  • u/ishaan59· 1 pts· 12d

    Completely agree. It's particularly frustrating when the goalposts seem to shift mid-process. Have you found any specific KYC/AML providers or services that consistently deliver within their stated timelines, even if they're a bit longer?

Related questions