From hiring a contractor to buying a car, keep your money safe - all for a fraction of the cost.
Step 01Agree to purchase a product or services from the seller.
Step 02Deposit funds into your secure Wediate Holding Account.
CompleteYou approve delivery and Wediate instantly releases payment.
Our secure holding accounts ensure your funds are protected until both parties are satisfied. Ideal for purchases big or small.
Don't risk loosing your money. Wediate Holding Accounts are an easy way to safeguard your money during any transaction
Request quote and agree to use your Wediate Holding Account.
CC inbox@wediate.com.au on your email thread with the transaction details.
Deposit funds into your secured Holding Account.
Approve seller's invoice to release funds upon completion.
Project: Backyard renovation - $14,000
The Situation
Lisa wanted to install a custom outdoor deck and pergola. The builder she chose asked for a 50% deposit upfront to lock in materials and schedule.
The Problem
Lisa had heard horror stories of contractors doing a poor job after taking deposits. She wanted to move forward, but not without protection.
The Solution
Lisa suggested using a Wediate Holding Account. The builder submitted their quote with payment instructions and was copied into the approval thread.
The Result
Lisa
Home Owner in Brisbane
Want peace of mind like Lisa?
Get Your Own Holding Account TodayTransaction:
Used car purchase — $6,800
The Situation
Jordan found a 2014 Toyota on Facebook Marketplace. The seller lived two hours away and asked for a deposit upfront to hold the vehicle.
The Problem
Jordan didn't want to send money to a stranger without protection — what if the seller vanished?
The Solution
Jordan offered to use his Wediate Holding Account. He sent a short agreement via email to the seller, cc'd Wediate into the email, and paid the full amount into His Holding Account.
The Result
Jordan
University student in Melbourne
Want to keep your money safe like Jordan?
Get Your Own Holding Account TodayProject funds are transferred by you into a segregated Project Escrow Account held by Commonwealth Bank.
Ensuring the safety of your money is our top priority. We've taken proactive steps to protect your investment, including securing appropriate cyber insurance policies.
Absolutely! Simply attach your own contract or terms of service to either the Job Booker or Pro Registration form and submit it to your client for approval and signature.
When you create a login, you gain unlimited access to our Minor Works Construction Contract, along with other free-to-use contracts, templates, and forms.
We release payment to you when:
A. A deposit milestone is selected in the Project Registration form. This payment is released to you on the commencement date specified by you.
B. You send an invoice or payment claim to your client via our platform, and the client either approves the invoice or it exceeds its due date without action.
C. For retention payments, when the defects liability period ends, and no claim is made against you for the remaining funds.
Using our service provides extra protection for your client. If you don't fulfil your duties under the contract, your client can pause fund release by raising a dispute on the platform. Clients who prefer not to use our service may want control over you and your money. Direct your client to the client page on our website: https://www.wediate.com.au/client, or have them call our team for reassurance.
Either the contractor or client may cover the cost of the fee; If the client has opted to pay the fee, the contractor should add said fee to the first milestone of the project. If the contractor has opted to cover the fee this will be deducted from the first milestone of said project.
Our tiered pricing ensures even the smallest jobs are protected. For example, our Job Booker service has a flat 3% transaction fee, meaning a $400 job incurs a $12 fee.
