Onboarding Friction for High-Volume Payments - Anyone Else Seeing This?
Running into some persistent issues lately, particularly when trying to onboard new partners for high-volume, multi-currency payment flows. It feels like every PSP out there, even the big names, has these incredibly rigid KYC/KYB processes that don't scale. We're talking about legitimate businesses with established track records, and we're still getting bogged down for weeks, sometimes months, over what feel like minor documentation discrepancies or outdated compliance interpretations.
It's not just the initial hurdle either. Once we're live, any significant change in volume, new jurisdiction, or even a slight tweak to the business model can trigger another round of exhaustive reviews. This constant back-and-forth isn't just frustrating; it's genuinely impacting our ability to move fast and capitalize on market opportunities. Is anyone else experiencing this level of operational friction? Or have you found any PSPs that are genuinely built to handle dynamic, high-volume B2B payment needs without treating every shift like a potential money laundering scheme?
We've definitely experienced this. Sometimes it feels like the established PSPs are optimized for a different era of business. Have you looked into any of the newer fintech platforms that specialize in cross-border B2B payments? They sometimes have more flexible, but still compliant, onboarding.