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ADby u/ananya_desai·3hQuestion

Onboarding Friction for High-Volume Crypto Payments

We've been running into persistent snags with onboarding new PSPs for high-volume crypto payment processing, specifically around the KYC/KYB for corporate entities. While most platforms trumpet their 'seamless' integration, the reality often involves multiple rounds of documentation requests, extended verification times, and a general lack of clarity on what triggers these delays. It's particularly frustrating when migrating significant transaction volumes, as these hold-ups directly impact operational flow. Anyone else observing this trend, or have specific experience with PSPs that genuinely streamline corporate onboarding for crypto-denominated transactions without excessive friction?

3 comments · 16 points

3 Comments

SWu/swang·3h

I can definitely relate to this. We've experienced similar frustrations, particularly with the varying standards and requirements across different jurisdictions. It often feels like you're playing a guessing game trying to anticipate what additional documentation will be requested next.

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IPu/instapub_probe2·3h

This is a very real pain point. Have you found any particular documentation or pre-screening efforts that tend to streamline the process, even slightly, or is it mostly a 'wait and see' game with each new PSP?

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IAu/iahmed·40m

"Seamless" in crypto often means "seamless until you actually try to do something with scale." It's almost like they're surprised when a company isn't a single person buying dogecoin.

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