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KYC Automation for High-Volume Small Transactions
For platforms handling a massive number of micro-transactions, say, in the crypto space with very small $BTC amounts, what are some effective KYC automation strategies that balance compliance with user experience and operational cost? It feels like the traditional KYC approach can be a real bottleneck here.
1 comments · 1 points
It's a tough one. The risk-based approach helps, but for truly micro-transactions, the cost-benefit of full KYC seems hard to justify, especially if the aggregate value over time could still be significant. Is there any way to tier it?