At ScrapAd we want to be your benchmark solution in the recycling sector. To do this, you need to know how we can help you as a waste manager or any other company in the recycling sector. We have published this article in which we tell you what we are, how we work and why working with us benefits the environment.
What is ScrapAd
ScrapAd is a simple, smart and transparent marketplace (a technological platform) that connects buyers and sellers from all over the world to scrap metal trading and other recyclable materials, such as plastic, paper and cardboard or textiles. With this platform we want to offer you all the necessary services to facilitate all your transactions and optimise your time through a secure and reliable digital space.
This platform arises from two problems that we observe in companies:
- Lack of information. There is a limitation of known demand. Recyclers, in many cases, have to buy from the same buyers/sellers, and have difficulties in having a clear comparison of prices, both nationally and internationally.
- A large amount of waste ends up in landfill. More often than not, recyclers do not find the appropriate destination for some of their waste. This results in 57% of waste ending up in landfill, when that material could be perfectly recycled.
In this way, ScrapAd is the link between buyers and sellers of waste and recyclable materials worldwide, finding the best destination for each of them.
How ScrapAd works
This digital environment is secure and easy to use, as we aim to help businesses in the recycling industry. What we offer is a complete solution for local or global transactions, from material and company verification to the logistics of the transaction.
Register and verify information
Register for free on the platform and provide the information we ask about your business. All users have passed this exhaustive verification process so that your buying and selling operations are guaranteed:
- KYC (Know Your Costumer) verification, which aims to prevent fraud by identifying and verifying the identity of users.
- Operational verification: users meet the necessary requirements to be able to transact with recyclable materials.
Choose the buy or sell ad you are interested in
Once you have created your account and you have registered correctly by providing the required information, you will be able to choose from all the ads already published on the platform, either to buy or to sell. Use the filters to sift through the ads according to your needs (location, material, etc). Whether to buy or to sell, select the chosen ad and negotiate the price.
Make the payment
Once an agreement has been reached between buyer and seller, the whole process is completed online, and the buyer makes the corresponding deposit. All these transactions are completely secure. Our financial partner is an entity of total confidence, guaranteed by the biggest bank in Europe; BNP Paribas.
Within the platform you will have your own payment account, from which you will have control of your money. Purchases are made through deposits, which are kept in a separate account, and are released to the seller as the different steps of the transaction process are completed.
Transport and verification of the material
When the goods are loaded, an independent seller checks and verifies that the goods correspond to what you have agreed in the negotiation. We then manage the logistical operations to ensure that the goods are collected from the seller's premises and delivered to the buyer's premises. All you need to do is have the documentation ready and prepare for us to collect or deliver the goods to the address you specify.
Why working with ScrapAd benefits the environment
ScrapAd facilitates the negotiation between buyers and sellers, as well as offering a completely secure space for the commercialisation of recyclable materials. In this way, where previously these materials were treated as waste that ended up in the landfill (as there was no way to offer them other than through the cold door), ScrapAd makes it possible to establish a commercial relationship with another entity that manages and treats this material so that it can be recycled and reused as a raw material for another product.
We are therefore one of those business models that favour the circular economy. It facilitates and streamlines recycling and new forms of waste management. The ScrapAd project is a great improvement in the recycling sector, as we are committed to a circular economic model in order to provide an outlet for waste that could have ended up in landfill if projects like this did not exist. As a result, we help to protect our surroundings and the environment.