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 specific trust account securing your funds for your project.
- Bank Grade Security
- Fraud Detection & Prevention
- Payment Security
- Transparency in Fund Management
- Dispute Resolution
- Payment 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
- Better Cashflow Management
- Insolvency Avoidance
- Improved Client Relations
- Document Access & Storage
- Finger Touch Reporting
- Dispute Resolution
Contractors, Tradespeople & Suppliers
Guaranteeing payments are committed before commencement.
- Secure, Individualized Accounts
- Payments committed pre start
- Document Access & Storage
- Faster Payment Approvals
- Quicker Payments
- No Payment Delays
- Finger Touch Reporting
- Dispute Resolution
Key Advantages
| Who & What | PayLocker | To What Extent |
|---|---|---|
| Anti Money Laundering | Yes | Built in security |
| NCP Non Cash Payments | Yes | Digitally managed |
| Owners' funds | Yes | Bank secured 100% life of the build |
| Owners' protection | Yes | Insolvency, scams, misuse protection 100% |
| Individual project specific accounts | Yes | Funds NOT pooled 100% |
| Project stakeholder payments | Yes | 100% secured until paid |
| Licenses and Insurance integration | Yes | 100% prior commencement validation |
| Bank & digital security | Yes | Applied to each and every account |
| Builder advantages | Yes | Nefarious competitors ring fenced |
| Builder advantages | Yes | Better trade relationships for cost and quality |
| Builder advantages | Yes | Cheaper and more profitable |
| Contractor, tradespeople & supplier payments | Yes | 100% secured and paid |
| Scam & fraud protection | Yes | Multifactor Bank-grade Authenticated Security |
| Maximum all-inclusive cost | Yes | Maximum 1.0% |
| Dispute resolution guidance | Yes | Contracted referral |
| Early payment options | Yes | Coming soon |
| Professional support | Yes | Coming soon |