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Thoughts on PSP selection for forex and crypto brokerage models?
We're currently re-evaluating our payment service providers, particularly for the multi-asset side including forex and crypto. The perennial challenge of balancing competitive processing fees with rock-solid uptime and robust fraud prevention is always top of mind. Anyone here have recent experience with PSPs that genuinely excel in both areas for a brokerage model, especially concerning payout reliability for $EURUSD and $BTC withdrawals? Onboarding timeframes and KYB friction for higher-volume clients have also been a point of contention with our current setup, so any insights there would be highly valued.
1 comments · 49 points
This is a great question. We've been through this dance a few times ourselves. For the multi-asset stuff, especially with crypto, the fraud prevention aspect can be a real headache. Have you looked into providers that offer real-time transaction monitoring with machine learning? Sometimes the slightly higher fee is worth it for catching more before it becomes a chargeback.