Why Shieldpay?
Secure life's big purchases, and the smaller ones too
For dealing with someone you don’t know
We verify the identity of all users
Funds held securely in the Shieldpay vault
We protect both sides of the transaction
We help with any disputes
Together with
When would I use it?
For peace of mind when buying and selling with someone you don’t know.
How does it work?
1. Create transactionTell us who you are sending funds to. We verify their identity.
2. You fund the vaultFunds are held securely in the Shieldpay vault.
3. Release fundsFunds are released when both sides confirm they are happy.
“I worry about meeting a stranger while carrying cash. Now I can pay online, have the item shipped and feel totally secure.”
Alex, Gumtree buyer
What does it cost?
A small fee for peace of mind, based on the value of your transaction.
Shieldpay fees
| Transaction value | Cost per transaction |
|---|---|
| Under £100 | £3 |
| £100 - £1,000 | 2.5% |
| £1,000 - £5,000 | 2.0% |
| £5,000 - £50,000 | 1.5% |
| £50,000+ | 1% |
High value transaction? Get in touch for a quote.