What PayLock is
PayLock is a multi-use platform that turns promises into enforceable agreements.
It's a "must have", not a "nice to have".
SCAMMERS' PARADISE
Paying for goods or services in New Zealand faces many risks: fake payment screenshots, counterfeit cash, overheating cars, tyre-kickers, scammers, timewasters... These are just a few of the dishonest behaviors most people are familiar with.
We're all a bit skeptical.
It seems that every week there are news articles written about people losing money to scammers on Trade Me and Marketplace and there's usually nothing that these platforms, or the banks, do about it.
It's happened to us many times. The first was when buying a Toyota Surf for $7000 from Te Puke only to find out it overheats after about an hour of driving. The seller blocked us and we lost that money.
Another time was when paying a $500 deposit to a painting company when getting our house rennovated. The painter never showed up, never picked up the phone and disappeared. Again, we lost that money.
This keeps happening to people around the country and no one is taking accountability.
Well, we decided enough is enough. We're going to do something about it.
OUR GOAL
“Payment through PayLock only.”
When this becomes the standard thing to say on every listing on marketplaces, scammers will lose leverage, timewasters will lose impact and cheaters will fail.
PAYLOCK ENFORCES TRUST
Whether you're a Buyer wanting to pay a deposit for a new fence or want to make an offer on a car you’ve seen online, or a Seller wanting to know that the item you’ve shipped is really paid for, PayLock protects everyone.
Everyone who uses PayLock plays by the same rules and the system can’t be rigged. Outcomes are clear, there are no exceptions and dishonest behavior fails by design.
PayLock makes trust the default instead of something to hope for.
THE GAME STAYS THE SAME
But we’re changing the rules
Traditional platforms rely on feedback and ratings, which can lead to fake reviews, retaliation, and emotional disputes. We’re built different.
PayLock is software. If a rule exists, it applies to every user. If a timer exists, it runs automatically.
What PayLock is not
PayLock isn't a marketplace. It doesn't rank users, host listings, negotiate deals, or take sides.
All outcomes follow clear rules.
TURN PROMISES INTO COMMITMENTS
“Trust me, bro” isn’t a currency. We don’t want anyone to have to rely on people’s words anymore. When it comes to money, most people will lie one way or another.
If you want someone to trust you — and they expect the same in return — there has to be something real behind the words. When trust is expected, it should be enforced.
PayLock exists for this moment.
Buyers and Sellers don’t have to hope for anything. They need to sit back and rest assured that if they’re trading honestly and fairly, then they will be rewarded.
At every step of the way, everyone will always know what needs to happen before money is released, and what happens if it doesn’t.
No confusion, no drama. Just reliable outcomes.
SECURE BY DESIGN
PayLock is powered by Stripe - one of the world’s biggest payment platforms, trusted and used by Airbnb, Amazon, Uber and more.