Initiating Seller Onboarding
From the Admin Portal Companies page, click the Create Seller button to open the seller creation page.
Filling in Company Details
Key Notes
Complete all required fields (marked with *).
The registration number must be unique across the platform.
The currency you set will be used as the default currency for the seller - all financials in the business profile will be denominated in this currency; all reports and table totals will be aggregated in this currency.
The agreement date is the date your facility agreement was signed with the seller - this date is referred to in the order forms generated by the platform.
Specifying the Representative/Signatory
Key Notes
The representative/signatory plays two important roles on the platform:
The system will automatically execute the company's contracts/agreements using the name and position of the representative provided in this section.
They will receive initial super admin access to the payer's account.
We recommend assigning an authorised signatory as the representative/signatory.
Entering Registered and Trading Addresses
Registered address is the address at which the company is registered.
Trading address is the address at which the company operates from. Enable the Same as Registered Address checkbox to copy the registered address into the trading address.
Specifying Company Directors
This is an optional section. If you want to provide details for active directors for KYC purposes, enable the Directors toggle.
If the director is also a person with significant control (PSC) who owns or controls a minimum of 10-25% of company shares (depending on the jurisdiction), then enable the Mark as PSC checkbox to create the same person as a person with significant control.
Only populate the end date for directors who are no longer active.
Specifying Persons of Significant Control
This is an optional section that needs to be filled if you enable the Directors section above.
You will need to provide at least one PSC. A PSC can be a person or company. Click the Add PSC button to add a person or the Add company button to add a company PSC. When you add a company PSC you will be required to provide all its respective directors and PSCs. The goal of this is to reach the UBOs (Ultimate Beneficial Owners).
Attaching Additional Documents
Attach any additional documents here.
Reviewing the Digitally Signed Contracts
You do not need to do anything in this section. The contracts/disclaimers you see will be digitally accepted by the seller's representative when they first login to the platform.
Attaching Documents Signed Offline
Attach all agreements you signed with the client.
Submitting Company Details
The
Submit button will appear disabled if you have not completed all required fields. After successfully saving changes you can continue to the next part of seller onboarding -
Filling in Seller Business Profile .