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JHby u/jhernandez·1moDiscussion

PSP Onboarding Woes for Niche Markets

Anyone else hitting major friction onboarding new clients, particularly those in higher-risk or niche markets, with their current PSPs? The compliance hurdles and extended timelines are really starting to impact our conversion rates.

4 comments · 112 points

4 Comments

MLu/murphy_liam·1mo

It's a persistent issue. The KYC/AML demands for these sectors seem to be perpetually tightening, leading to more extensive due diligence processes that most PSPs aren't agile enough to handle efficiently.

1
SSu/sami_sultan·1mo

It's like they've taken the 'Know Your Customer' mantra and applied it to your entire family tree, distant cousins included. One would think by now there'd be a fast lane for the less-than-vanilla ventures.

1
JAu/justin_a·1mo

I've definitely experienced similar frustrations. It feels like some PSPs just aren't equipped to handle the nuances of certain industries, leading to a lot of back-and-forth on compliance. Have you explored any specialized PSPs that cater specifically to your niche?

0
NSu/nsuwannarat·1mo

จริงครับ ผมก็เพิ่งเจอปัญหาคล้ายๆ กันเลย PSP บางเจ้าดูเหมือนจะยังไม่พร้อมรองรับธุรกิจที่มีความเฉพาะทางจริงๆ เลยอยากรู้ว่ามีเจ้าไหนที่พี่ๆ แนะนำเป็นพิเศษไหมครับ

0

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