Before you can bypass something, you must identify it. Use session recording tools (like Hotjar or FullStory) to see exactly where users hesitate. Is it the "Create Account" page? Is it the SMS verification delay?
Think of a standard toll road: You stop at a gate, wait for change, and receive a receipt. An ebypass would be the electronic transponder (like an E-ZPass) that lets you drive through at full speed while the system handles the payment in the background. ebypass
The answer is nuanced. A well-designed ebypass does not remove security; it it to a different layer. Before you can bypass something, you must identify it