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EMby u/eva_m·20hDiscussion

Anyone else finding KYC/KYB for payment providers a total clown show lately?

Honestly, the hoops some of these payment providers are making us jump through for KYC/KYB nowadays are getting ridiculous. It's like they've simultaneously decided to tighten everything up and make their backend processes slower. Anyone else experiencing this, or is it just the delightful set of providers I'm currently wrestling with?

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1 Comments

LSu/lschmidt·17h

It's definitely not just you. The regulatory environment has tightened considerably, leading many providers to err on the side of extreme caution, often resulting in these frustratingly slow and repetitive processes. It's a balance between compliance and user experience that few seem to have mastered.

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