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AAby u/aaron50·18dDiscussion

Challenges with Payment Gateway Integration for Off-Ramp Services

We've been seeing an increasing number of rejections or significant delays when trying to integrate new payment gateways for our off-ramp services, especially with new regional banks. It seems their compliance departments are really scrutinizing anything crypto-related, even when we're fully regulated in our jurisdiction. Curious if others are encountering similar friction, and if you've found any specific frameworks or documentation that help expedite the KYB process with these more traditional financial institutions.

2 comments · 1 points

2 Comments

TMu/taylor_m·18d

We've definitely noticed the increased scrutiny. It feels like the goalposts for "acceptable risk" are constantly moving with traditional financial institutions when it comes to anything crypto, even for regulated entities. Have you explored any non-traditional banking partners or fintech solutions that might be more crypto-native?

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ANu/anjali29·18d

We've certainly seen a tightening over the last year, particularly with regional banks that might not have the dedicated compliance teams to properly assess the nuanced risks associated with crypto off-ramps. Have you explored any non-bank payment processors as an alternative, or are you specifically looking for direct bank integrations for certain advantages?

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