GUIDE: How to Become an Invoice Buyer at Hiveterminal

Gal Jakič
Sep 19, 2018 · 5 min read

We are truly living in exciting times! A little more then a year after our initial HVN token crowdsale, the time has come to unveil Hiveterminal, our blockchain-based liquidity platform. By utilizing automation and blockchain technology, we are breaking barriers by opening invoice financing to small and medium enterprises, and the same can be said for the platform’s liquidity
providers. Invoice buyers, large and small, will be able to find risks that suit their investment appetite.

Invoice buyer onboarding has officially begun and, while our UX and development teams created a fast, engaging and intuitive registration process, we thought it is best to present and help you navigate with a visual step-by-step guide.

Eligibility

Hiveterminal is open to invoice buyers who fulfill the following set of criteria:

  • Are 18 years of age or older;
  • Have a bank account in their own name;
  • Wish to open an account on Hiveterminal under their own name;
  • Understand the risks involved with invoice receivable financing and have taken appropriate measures to mitigate such risks.

Registered individuals are then evaluated through an additional set of criteria during the user verification process.

User Registration Process

STEP 1:
In order to register for an account at Hiveterminal, visit: . To access the registration screen, click the “Register As” button in the navigation bar or the “Start using Hiveterminal” button in the hero section of the website.

STEP 2:
A drop-down menu will appear. In order to register as an invoice buyer, chose the “Invoice Buyer” option from the drop-down menu.

This is the screen you will be presented with:

STEP 3:
You will need to provide the following data:

  • Your first and last name.

The most common mistakes during registration happen here. In all instances where Hiveterminal asks you to provide your first, last or full name, write it exactly it appears on your government issued documents. This will greatly improve the speed with which your registration is verified.

  • A valid email address you have access to.

STEP 4:
You will receive an e-mail from Hiveterminal containing your unique username as well as a link for setting your password. Make sure you save the username as you will need it each time you log in.

Click the link to set your password.

Hiveterminal recommends you select a unique password that is hard to decipher. Keep this password safe.

STEP 5:
After setting a password, you will be redirected to the Hiveterminal login page, where you will use your username and password to log in.

STEP 6:
Fill out the “Personal Data” section of the form.

If you are by any chance traveling or are for any other reason mapped to the wrong country based on the IP address, make sure you correct this before clicking “NEXT”.

STEP 8:
Based on your country of origin, you will be able to select one or more ID Document types in a panel on the left.

Upload photos of the front and back of your ID documents by clicking the appropriate page. This acts as a button & will open a file upload window.

Make sure the photos of your documents are up to 4MB in size and can be read clearly. If you have mistakenly selected the wrong photo, just click the same button again and a file upload window will reappear.

Once your images are selected, click “NEXT”.

STEP 9:
Upload a bank statement/utility bill that is not older than 3 months. Your name and address should match your ID documents and the data you have provided in the “Personal Data” section.

Make sure the photos of your bank statement/utility bill are up to 4MB in size and can be read clearly. If you have mistakenly selected the wrong photo, just click the same button again and a file upload window will reappear.

Once your image is selected, click “SUBMIT”.

STEP 10:
When your document upload is completed successfully, this screen will appear.

If your user verification process has not been completed, this is the screen that will appear. Once your verification process is completed successfully, a countdown to the Hiveterminal launch will appear.

That’s it! Thank you for submitting your documents for user verification!

If you encounter any issues during the registration or user verification part of the process, you can contact the Hiveterminal Support Team by e-mail at and they will be happy to assist you.

So be sure to join our active, thriving and ever-growing TELEGRAM community and be the first to receive all our news! Our team and community are waiting for you!

Hiveterminal

Peer-to-Peer Invoice Financing Platform

Gal Jakič

Written by

Platform Delivery Lead @ Hiveterminal. 3x Paralympian, Extreme Adaptive Athlete. Founder @ We Wow Web. Dad to an awesome human being called Leo.

Hiveterminal

Peer-to-Peer Invoice Financing Platform

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