FastPay | scrapex.app

ScrapEX
FastPay

Secure and Flexible Payments Terms for Scrap Trading
ScrapEX FastPay – Part of Your Trading Co-Pilot. Get payments faster or pay later. Secure your Cash Flow

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Why FastPay

In scrap metal trading, suppliers often want their payments faster, while consumers prefer more time to pay.
ScrapEX FastPay bridges this gap—making trade smoother, safer, and more flexible for both sides.

Accelerated Cash Flow

Scrap suppliers often face cash flow pressure due to shipping times, documentation delays, or buyer credit terms. With FastPay, you can unlock payments early and keep your operations running smoothly.
Tailored Flexibility

Whether you prefer payment on loading, 5 days before arrival, or through an accredited letter of credit, FastPay adapts to the needs of both supplier and consumer.
Risk Mitigation

Every payment is backed by verifiable trade documents (B/L, invoices, certificates, etc.), reducing the risk of disputes or defaults.
Global Standards

FastPay supports internationally recognized payment methods like L/C, D/P, and TT, ensuring compliance and security in cross-border trades.

How FastPay works

Register Account

Register an account with ScrapEX
Get Verified

Submit all required information and documents to pass the ScrapEX KYB procedure and become ScrapEX verified business.
Apply for FastPay

Apply for the FastPay service to get available funding to use
Use FastPay

Use FastPay to secure your cash flow by getting payments faster or paying later

Register Account Book a Demo

FastPay in Action

For Scrap Suppliers

Imagine this:

You want to receive payment as soon as the cargo is loaded, but your buyer prefers to pay 5 days before arrival. ScrapEX FastPay steps in, pays you upfront on loading, and later collects from your buyer—so you get your money faster, without waiting.

For Scrap Consumers

Imagine this:

Your supplier wants money upon loading, but you’d rather pay 5 days before arrival. ScrapEX FastPay steps in, pays the supplier upfront, and collects from you later—ensuring the deal happens without friction.

Start Using FastPay Today

ScrapEX FastPay gives scrap metal traders the flexibility of extended terms and the security of guaranteed early payments.
Don’t let payment timing hold back your deals.

Get Started with FastPay