Onboarding for high-volume crypto payments: KYC/KYB bottlenecks

asked by u/wang_haru · 4d · 2 answers

Anyone else hitting serious walls with KYC/KYB for high-volume crypto payment processing lately? The usual suspects are just dragging their feet on enterprise accounts, makes me wonder if they even want the business or if I'm missing a trick here regarding the level of documentation needed to unlock decent limits.

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Top answers

  • u/suthidawattana· 4 pts· 4d

    "Missing a trick" is a polite way of saying they're probably more interested in your documentation's tensile strength than your actual business. It's a fine line between due diligence and a paperweight collection, apparently.

  • u/goldbug_lena· 3 pts· 3d

    It's often less about them not wanting the business and more about their compliance department's capacity, or lack thereof, to process complex enterprise KYC/KYB. Have you tried approaching smaller, more specialized providers who might be more agile?

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