How does escrow payment work on ScrapTrade — when do I actually get paid?
Short answer: With escrow protection, payment is secured through the platform before the transaction completes and released to you once the sale is confirmed — typically once the material has been collected and weighed — rather than relying on a buyer to simply pay you in person, which removes the risk of a buyer under-paying, delaying, or not paying at all after taking your material.
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Visit ScrapTrade →Why escrow matters for scrap transactions
A traditional cash-on-pickup transaction relies entirely on trust in the moment — escrow removes that dependency by securing funds upfront, so neither side is exposed to the other simply not following through.
The typical sequence
An offer is accepted, payment is secured through the platform, the material is collected and weighed, and once that’s confirmed, payment is released to you — a clear, documented sequence rather than an informal handover.
What this protects against
It specifically protects against a buyer taking your material and then delaying or reducing payment after the fact, since the funds are already secured before pickup happens, not dependent on the buyer’s goodwill afterward.
Learn More
This escrow protection is a core part of every transaction on scraptrade.com.au — worth understanding before your first sale.
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