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Scrapays uses technology to facilitate the recovery of recyclable waste in developing nations.
Scrapays simply redefines the narrative around waste in developing nations.
Scrapays lets business and individual get value of their recyclable waste and “Out of Use” items, with the use of offline and online technology from the comfort of their abode.
How does Scrapays work?
Scrapays’ decentralised model fuses technology, finance, and recycling. It serves two broad sets of users – waste producers and recycling businesses.
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Waste producers are categorized as individuals, SMEs, and enterprises that churn out recyclable waste daily and accumulate them for lengthy periods before requesting for pickup through Scrapays’ online or offline channels; including the USSD shortcode (*347*477#), mobile app, and website.
The financial reward of recycling waste
Using a wallet-based system, Scrapays operates a revenue-sharing model that allows all stakeholders in the value chain – from producers to all its partners – to earn commission per kilogram recovered.
Waste producers get paid directly in mobile wallets and funds can be redeemed in cash or directly transferred to the individual’s account. They can also be used to buy airtime or make purchases on Scrapays’ partner marts.
For every kilogram of recovered recyclables, collectors get paid a 19% commission. The commission rate for agents is set at 11% for every kg of waste received and verified.
You can visit the website Scrapays. com for more information.
