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Yes indeed, every integration costs: - kyc onboarding, getting and processing the docs and forms never goes smooth, can take 2 to 10 business days. - integrat
by omgomgomgomg 4y ago
Yes indeed, every integration costs:
- kyc onboarding, getting and processing the docs and forms never goes smooth, can take 2 to 10 business days.
- integrating the gateway, 3k setup fee on average, plus dev cost for mapping the servers, doing the front end and the tests
- sometimes, due to being labeled a high risk sector industry, only trusted visa traffic, or an allocation thereof
And indeed, losing 30 percent would be the end, we operate with a 4 to 12 percent net margin, thanks goodness credit card payments are only 10 percent or so.
I am a total crypto sceptic, and the crypto psps are immature, but they are causing the least hassle.