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Dealing with PSP onboarding delays for new markets
Anyone else finding that despite all the talk of streamlined fintech, onboarding a new PSP, particularly for expanding into a less common geographic market, is still a major slog? We're seeing KYB processes take weeks, sometimes months, even with all documentation squared away. It's not just the initial paperwork; it's the back-and-forth, the re-submission requests for minor details. Wondering if anyone has found a real shortcut or a PSP that genuinely handles this well for diverse jurisdictions, without charging an arm and a leg for a premium 'fast track' service.
1 comments · 1 points
Definitely hear you on this. It feels like every time we try to expand, the 'streamlined' promise of fintech quickly gives way to the same old drawn-out processes. Have you tried using any intermediaries or consultants who specialize in navigating those specific market regulations? Sometimes they can help grease the wheels a bit.