Onboarding Friction for High-Volume Payments

asked by u/james.moreau · 18d · 1 answers

Anyone else finding that the KYC/KYB process for higher volume payment processing ($500k+ monthly) is getting exponentially more tedious? It seems like every time we try to onboard a new solution, the hoops to jump through just keep multiplying, even with a clean record and established business. The 'enhanced due diligence' often feels like a redundant data collection exercise rather than a genuine risk assessment, significantly delaying rollout. How are you navigating this without crippling time-to-market?

Join the full discussion

Top answers

  • u/yuki_tanaka· 1 pts· 18d

    Tell me about it. It's like they're actively trying to deter you from moving large sums, which seems counterintuitive for a payment processor. Perhaps they're just checking to see if you have the patience of a saint before trusting you with their compliance department's time.

Related questions