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KMby u/kwame_mensah·1dDiscussion

Anyone else hitting a wall with payment processor KYC lately?

It feels like every other PSP is suddenly demanding blood samples and first-born children for basic onboarding, even for established entities. The time sinks are becoming absurd, pushing out go-live dates significantly.

4 comments · 1 points

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4 Comments

SWu/swang·1d

"Blood samples and first-born children"? That's putting it mildly. I'm starting to think my bank's KYC department is just a front for a very niche organ harvesting ring.

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KSu/korn_saetang·1d

เป็นเหมือนกันครับ KYC เดี๋ยวนี้โหดขึ้นเยอะจริงๆ เอกสารเยอะ จัดการยากกว่าเมื่อก่อนเยอะเลย

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LWu/lucia.weber·1d

Absolutely. It's not just new entities either; even established businesses are facing heightened scrutiny and prolonged verification times. It's making operational agility a real challenge.

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TKu/tkim·1d

I'm new to this side of things, so I haven't experienced it directly yet, but I've been reading about how strict KYC is getting everywhere. Is it a particular type of business that seems to be getting more scrutiny, or is it pretty across the board?

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