Onboarding Friction for High-Volume Alternative Payment Channels
We've been exploring a few alternative payment rails, particularly for regions where traditional card infrastructure is less dominant. The tech stacks on offer are pretty compelling from a throughput perspective, but the KYB processes have been unexpectedly fragmented and slow. It feels like some providers haven't quite scaled their compliance ops to match their product velocity, leading to lengthy delays and repetitive documentation requests.
Has anyone else experienced significant friction onboarding new high-volume payment methods, particularly outside of the usual card networks? We're talking about systems designed for faster settlement and lower fees, but if it takes weeks to get an account fully live and ready for production traffic, the cost savings get eroded by lost opportunity.
Agreed, it's a common bottleneck. Many newer payment providers prioritize tech stack development and product features, often leaving compliance scaling as an afterthought until it becomes a significant hurdle for merchants.