TradeyPay Escrow solves your issues in getting paid - forever.
What is it?
TradeyPay is a revolutionary new service exclusively available for Onlinetradesmen members. It removes the uncertainty and hassle for trade professionals from collecting payments for their business while offering property owners peace of mind for their next home improvement or building project.
Why do Trade pros need TradeyPay Escrow?
The fear of not getting paid on time - or not getting paid at all. We've all been there. Ensuring that your customer has funds in place before you start the job can be difficult. Then, chasing payment after you have delivered, is beyond stressful. Sound familiar? TradeyPay Escrow removes the uncertainty and hassle from collecting payments for your business - Ensuring you get paid in full and on-time as agreed.
Not only that, but using the latest EU regulated technology, TradeyPay Escrow can get you paid fast, in person and using your existing Phone or PC. No expensive credit card terminals or subscriptions - and you collect 100% of the payment with the customer paying any transaction fees. Nice.
How it works
1. Agree the project details with your customerOnce your customer has hired you through Onlinetradesmen, discuss the project with them, agree the deliverables and ask them to pay you via TradeyPay Escrow.
2. Start the transaction
A project is created either by the homeowner or the trade professional on the TradeyPay service complete with agreed payment amounts, terms, milestones etc. You can send the customer a QR code or payment link. You'll get notifications via email. It's easy to use, fast and secure.
3. Start working in confidence. Once both parties have signed up and agreed, the customer lodges the money in a secure, third-party Escrow account with you as the designated Payee. You know that the money is allocated to you for the job and will be released once you hit the agreed milestones or have completed the job as agreed. You can start working without worrying about payment.
4. Get paid on time and in full. Once the project is completed as agreed, the customer released payment direct to your account. Payment is fast and easy - with a full audit trail of your transactions. The customer is delighted that they got what they paid for and you're delighted you got paid in full, on-time and without any hassle. Oh, and the customer pays all transaction fees - meaning you collect 100% of the payment.