0 deals completed through PayLock
Happy users around NZ are paying securely
PayLock sits in the middle of an online deal. Whether you're buying something or paying for a service, you pay us - not the Seller. Your funds stay locked for protection and confirm to Sellers that the offer or deposit is genuine. If everything is confirmed, we pay them. If not, you’re refunded.
PayLock Features
Rules and timers
Fully automated smart system for protection
Neutral system
Every rule applies to every user, no exceptions
THE PROBLEM IS REAL
And PayLock can help
BUYER PROTECTION
You're not paying the Seller
Funded offers or deposits are sent to our escrow account instead.
Verified Sellers
Only deal with users who have had their banking and identities verified by Stripe
Payment protection period
Chance to make sure you're happy with the deal before releasing payment to Sellers
Disputes freeze money
We instantly lock funds if something goes wrong
SELLER PROTECTION
You're not chasing promises
If you've received an offer or deposit request, the money's already in PayLock.
Immediate funds
No need for any other proof-of-payment
Serious Buyers
Funds already paid so you know the Buyer is serious about the deal
Automatic payouts
Instant payment when the deal is completed
EASY AND SAFE
PayLock is a software system that takes
"serious offers only" really seriously
"serious offers only" really seriously
HOW IT WORKS
Our smart system handles everything with automatic rules and timers.
1
Send offer / deposit
Ask for the other person's PayLock username
2
Seller accepts
The protection period starts to allow you to complete the deal or raise a dispute
3
Confirm & release
The Seller only gets paid when you’re happy with the deal. If it doesn't work out, you may dispute and we'll lock the funds
1
Receive offer / deposit
Get notified when a Buyer sends you an offer or deposit request
2
Accept the deal
Funds are already committed in PayLock, so you know the Buyer is serious
3
Get paid automatically
When the deal is completed, funds are instantly sent to your account
USE PAYLOCK FOR ANYTHING
It's the way forward
Because where money and strangers meet online, there are always risks.
Second-hand cars
Because "5k cash tonight" never happens
Online buying & selling
Less scamming, less timewasting, more dealing
Reserving items
It's no longer scary to pay without viewing
Service deposits
Because "I'll confirm later" never happens
Rental deposits
Stops the "just viewing others" crowd
Anywhere else
Because money needs protection too
REAL COMMITMENTS
Promises are free, that's why people break them
Not anymore
SIMPLE, TRANSPARENT FEES
Peace of mind is worth it
PayLock charges small fees only when a successful deal is completed.
Buyers
Protection fee of 3.85%
Sellers
Protection fee of 3.85%
No other fees
No fees for expired, canceled or declined requests