secure construction payments
Who Can Benefit from PayLocker?
Comprehensive and transparent solutions for secure construction payments—protecting your projects and ensuring smooth transactions for homeowners, builders, and contractors.
Homeowners
Builder sets up a new project account and invites the homeowner.
- Security & Fraud Prevention
- Payment Security
- Transparency in Fund Management
- Dispute Resolution & Transparency
- Control Over Payments
Builders
Enhance your reputation with your clients through transparency.
- Early Payment Flexibility
- Timely Payments for Verified Work
- Transparency in Fund Management
- Dispute Resolution & Transparency
- Secure, Individualized Project Accounts
- Improved Client Relations through Transparency
Contractors, Tradespeople & Suppliers
Guaranteed payments for your work & materials.
- Early Payment Flexibility
- Timely Payments for Verified Work
- Transparency in Fund Management
- Dispute Resolution & Transparency
- Secure, Individualized Project Accounts
- Trade to Tradies
Key Advantages
| Who & What | PayLocker | To What Extent |
|---|---|---|
| Owners' funds | Yes | Bank secured 100% life of the build |
| Owners' protection | Yes | Insolvency, scams, misuse protection 100% |
| Individual project accounts | Yes | Funds NOT pooled 100% |
| Project stakeholder payments | Yes | 100% secured until paid |
| Licenses and Insurance integration | Yes | 100% prior commencement validation |
| Government-backed bank guarantee | Yes | $250,000 per account |
| Bank & digital security | Yes | Applied to each and every account |
| Builder advantages | Yes | Nefarious competitors ring fenced |
| Contractor, tradespeople & supplier payment | Yes | 100% secured and paid |
| Scam & fraud protection | Yes | Multifactor Bank-grade Authenticated Security |
| Maximum all-inclusive cost | Yes | Maximum 0.99% |
| Dispute resolution guidance | Yes | Coming soon |
| Early payment options | Yes | Coming soon |
| Administration & planning tool | Yes | Coming soon |
| Professional support | Yes | Coming soon |
| Warranties & Maintenance Manuals | Yes | Coming soon |