hATM

A Boom human ATM (hATM) is someone who helps Boom users cash in and cash out of their Boom wallets for a fee. hATM are visible on a map for users to find them.

Boom uses a secure escrow mechanism to protect both hATMs and users during transactions.

The benefits of becoming a Boom hATM are:

• Earning commission on every transaction you complete.

• Set your own hours and work from your preferred location.

• Increase foot traffic to your business (if applicable).

Boom users can pay in cash or via various methods like wire transfers, credit/debit cards, or cryptocurrency.

How do I become a Boom hATM?

First, you must be 18+ and have a valid government-issued ID.

Then: • Open the Boom app. • Click the radio icon on the top left corner (wallet section). • Enable location services. • On the map, click the radio icon on the top right corner. • Enable the "I agree to be a Boom hATM" button. • Alternatively, enable it through your merchant profile.

What is a typical hATM commission rate?

Boom recommends charging a commission of 0-5% per transaction and emphasizes ethical conduct.

What documents do I need to become a Boom hATM?

• Individuals: Valid government-issued ID card. • Businesses: Valid business registration ID.

What happens if a user cancels a transaction after I accept it?

The escrow protects you. The user won't receive their cash/BMC until they complete the transaction.

How do I get notified about potential transactions?

hATMs within a 50km radius of a user requesting a transaction will receive a push notification.

If you're planning to handle high-volume transactions, you should consider becoming a Boom Super hATM.