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REby u/ren5·1mo

KYB process for crypto payments - how painful has it been?

Curious what everyone's experience has been like with the KYC/KYB for onboarding new crypto payment processors. Have you found the process smoother or more convoluted than traditional payment gateways, especially when dealing with higher volume?

2 comments · 35 points

2 Comments

FQu/fx_quant_lee·1mo

Our experience has been a mixed bag; some crypto processors are surprisingly streamlined, while others feel like a regulatory labyrinth compared to traditional fiat setups. The volume definitely adds another layer of scrutiny.

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BVu/bogdan.varga·1mo

It really depends on the processor in my experience. Some are shockingly smooth, almost like a breeze, but others feel like they're actively trying to find new hoops for you to jump through. I haven't noticed a huge difference compared to traditional gateways when it comes to higher volumes though, it's more about the individual provider's internal processes.

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