Fair Round Framework
Eight rules that lock contribution amounts and payout order once the round starts — no last-minute surprises.
Trust & Security
Built to be trusted with your group’s money
Rounds run on a ledger that can’t be casually edited, with clear answers to where funds are, who paid, and who is next.
Where is the money held?
Group funds sit in ledgered PayWallet accounts — not a personal organiser wallet
Contributions post to the round's shared savings account with a transaction reference. Reserve (if your rules use it) stays excluded from the distributable pot. Payouts and loan draws leave the same audit trail — so members can see balances, who paid, and who is next without relying on screenshots or spreadsheets.
For regulated posture and data handling, see Compliance and Privacy.
Security
Encryption and custody practices built for money movement — not a casual spreadsheet.
KYC
Verified membership before funds move, so every seat in the circle is accountable.
Ledger & Audit Trail
Every contribution, reminder, penalty and payout is timestamped and referenced.
Privacy
Member data is protected. See how we handle information in our privacy policy.
Read privacy policyFair Round Framework
Eight rules that make every round fair
PayWallet doesn't rely on trust alone — it enforces the rules your group agrees to. Every time.
- 01
Rules agreed upfront
Every member sees and accepts the round rules before joining.
- 02
Rules lock at start
Once the round begins, contribution amounts and payout order cannot change.
- 03
Every contribution recorded
Each payment posts instantly with a transaction reference.
- 04
Every payout has a record
Approval, schedule and disbursement are all logged and visible.
- 05
Members see activity
Relevant round activity is visible to every member in real time.
- 06
Late payments follow rules
Reminders, grace period and penalties apply automatically — no exceptions.
- 07
Changes need authorization
Any change to the round requires the appropriate admin or member approval.
- 08
Full audit trail
The complete round history is preserved and cannot be edited.
Ready to run a fair round?
Create on FREE, lock the rules with your group, and keep every payment on the ledger.