secure construction payments
Who Can Benefit from PayLocker?
Comprehensive transparent solutions securing construction payments—protecting project funds and ensuring smooth transactions for homeowners, builders, contractors, trades and suppliers.
Homeowners
Transparency builds confidence with your own project trust account securing your funds for your project.
- Bank Grade Security
- Fraud Prevention
- Payment Security
- Transparency in Fund Management
- Dispute Resolution
- Payments Controls
Builders
Enhance your reputation by building confidence, client funds are secured in third-party bank trust accounts.
- The future of Securing Payments
- Competitor Advantages
- Secure, Individualized Project Accounts
- Improved Client Relations
- Dispute Resolution
Contractors, Tradespeople & Suppliers
Guaranteeing payments are committed before commencement.
- Secure, Individualized Accounts
- Payments committed pre start
- Quicker Work Approvals
- No Payment Delays
- Dispute Resolution
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 |