In Europe, high risk merchant onboarding can take weeks, slowed down by compliance reviews, incomplete documentation, or acquirer hesitation. But with the right partner, approvals can happen in days instead of months.
At KunnectPayments, we streamline onboarding for merchants in crypto, gaming, forex, gambling, and CBD, ensuring fast approval with EU accredited acquiring banks.
1. Why Onboarding Takes Time
European PSPs and acquirers follow PSD2, AMLD6, and MiCA guidelines.
They review:
- Ownership & business structure (KYB)
- Transaction and chargeback history
- AML/KYC compliance policies
- Operational transparency
Even a small error in your documents can delay approval.
2. The Fast Track Approach with KunnectPayments
We remove onboarding friction using an AI driven approval framework:
- Automated KYC/KYB checks
- Pre-screening documents before submission
- Instant compliance verification (PSD2, MiCA, AMLD6)
- Acquirer matchmaking to find the right fit for your business model
💡 Most merchants onboard with KunnectPayments within 48–72 hours.
3. Required Documents Checklist
To accelerate approval, prepare:
- Certificate of incorporation
- UBO and shareholder documents
- Business bank statements (3–6 months)
- Processing history
- AML/KYC policy documents
- Website & privacy policy
💡 We provide templates and samples to ensure all documents meet acquirer standards.
4. Benefits of Fast Onboarding
- Start processing payments sooner
- Build transaction volume quickly
- Improve acquirer confidence and limits
- Maintain compliance while scaling
💡 KunnectPayments’ pre approval model ensures faster go live and smoother settlements.
Conclusion
Fast onboarding isn’t just about speed, it’s about clarity, compliance, and coordination. With KunnectPayments, high risk merchants across Europe enjoy streamlined approvals, lower reserves, and faster go live times.
Partner with KunnectPayments today to onboard your high risk business in record time.