---
description: Learn more about Covaltpay price, benefits, and disadvantages for businesses in Australia. Read reviews from verified users and discover similar tools that fit your business needs.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress
title: Covaltpay Cost & Reviews - Capterra Australia 2026
---

Breadcrumb: [Home](/) > [Payment Processing Software](/directory/30232/payment-processing/software) > [Covaltpay](/software/1106586/Covaltpay)

# Covaltpay

Canonical: https://www.capterra.com.au/software/1106586/Covaltpay

> Covaltpay is payment software that enables users to pool funds for events, gifts, and purchases with conditional escrow protection.
> 
> Verdict: Rated \*\*\*\* by 0 users. Top-rated for **Overall Quality**.

-----

## Overview

### Who Uses Covaltpay?

Covalt is designed for businesses, creators, communities, and organisations that need to collect, secure, and coordinate payments before committing to purchases, events, services, or group activities

## About the vendor

- **Company**: Covaltpay

## Commercial Context

- **Starting Price**: GBP 2.50
- **Pricing model**: Usage Based (Free version available) (Free Trial)
- **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile), iPad (Mobile)
- **Supported Languages**: English, French, German, Spanish
- **Available Countries**: Angola, Argentina, Aruba, Australia, Austria, Bahamas, Bahrain, Belgium, Bermuda, Bosnia and Herzegovina, Botswana, Brazil, Bulgaria, Canada, Cayman Islands, Chile, China, Colombia, Costa Rica, Croatia and 68 more

## Support Options

- Email/Help Desk
- FAQs/Forum
- Knowledge Base

## Category

- [Payment Processing Software](https://www.capterra.com.au/directory/30232/payment-processing/software)

## Alternatives

1. [CreditorWatch Collect](https://www.capterra.com.au/software/144647/debtor-daddy) — 4.5/5 (13 reviews)
2. [Chargebee](https://www.capterra.com.au/software/131433/chargebee) — 4.3/5 (108 reviews)
3. [Jackrabbit Music](https://www.capterra.com.au/software/168245/jackrabbit-music-online-music-school-management-software) — 4.5/5 (95 reviews)
4. [Jackrabbit Dance](https://www.capterra.com.au/software/93349/jackrabbit-dance) — 4.6/5 (748 reviews)
5. [Jackrabbit Gymnastics](https://www.capterra.com.au/software/172591/jackrabbit-gymnastics) — 4.6/5 (373 reviews)

## Links

- [View on Capterra](https://www.capterra.com.au/software/1106586/Covaltpay)

## This page is available in the following languages

| Locale | URL |
| en | <https://www.capterra.com/p/10051206/Covaltpay/> |
| en-AE | <https://www.capterra.ae/software/1106586/Covaltpay> |
| en-AU | <https://www.capterra.com.au/software/1106586/Covaltpay> |
| en-CA | <https://www.capterra.ca/software/1106586/Covaltpay> |
| en-GB | <https://www.capterra.co.uk/software/1106586/Covaltpay> |
| en-IE | <https://www.capterra.ie/software/1106586/Covaltpay> |
| en-IL | <https://www.capterra.co.il/software/1106586/Covaltpay> |
| en-IN | <https://www.capterra.in/software/1106586/Covaltpay> |
| en-NZ | <https://www.capterra.co.nz/software/1106586/Covaltpay> |
| en-SG | <https://www.capterra.com.sg/software/1106586/Covaltpay> |
| en-ZA | <https://www.capterra.co.za/software/1106586/Covaltpay> |

-----

## Structured Data

<script type="application/ld+json">
  {"@context":"https://schema.org","@graph":[{"name":"Capterra Australia","address":{"@type":"PostalAddress","addressLocality":"Sydney","addressRegion":"NSW","postalCode":"2060","streetAddress":"Level 18 40 Mount Street North Sydney NSW 2060 Australia"},"description":"Capterra Australia helps millions of people find the best business software with user reviews, ratings and price comparisons.","email":"info@capterra.com.au","url":"https://www.capterra.com.au/","logo":"https://dm-localsites-assets-prod.imgix.net/images/capterra/logo-a9b3b18653bd44e574e5108c22ab4d3c.svg","@type":"Organization","@id":"https://www.capterra.com.au/#organization","parentOrganization":"G2.com, Inc.","sameAs":["https://twitter.com/Capterra","https://www.linkedin.com/company/capterra/","https://www.youtube.com/channel/UCjRCDmEibpHwyX3m2b3y80w"]},{"name":"Covaltpay","description":"CovaltPay is payment software that simplifies group payments and cost-splitting using a conditional escrow system. Users can pool funds for events, gifts, and group purchases with transparency and protection. Its core feature, Pacts, automates fund collection and release based on predefined conditions, ensuring money moves only when terms are met, eliminating manual refunds and uncertainty. The platform follows a three-step process: create a Pact with conditions, invite participants to review terms, and automate payments once conditions are satisfied. If unmet, authorizations are released automatically. CovaltPay integrates with Stripe for payments, uses 256-bit SSL encryption, and maintains tamper-proof records with an immutable audit trail. Real-time tracking lets contributors monitor progress, while a demand order book allows suppliers to compete for bulk orders, releasing funds only upon verified delivery.","image":"https://gdm-catalog-fmapi-prod.imgix.net/ProductScreenshot/227fe15a-cc0e-4b69-a628-28946c378025.jpeg","url":"https://www.capterra.com.au/software/1106586/Covaltpay","@type":"SoftwareApplication","@id":"https://www.capterra.com.au/software/1106586/Covaltpay#software","applicationCategory":"BusinessApplication","publisher":{"@id":"https://www.capterra.com.au/#organization"},"offers":{"price":"2.5","@type":"Offer","priceCurrency":"GBP"},"operatingSystem":"Cloud, Android, Platform ios, Platform ipad"},{"@type":"FAQPage","@id":"https://www.capterra.com.au/software/1106586/Covaltpay#faqs","mainEntity":[{"name":"What Is Covaltpay?","@type":"Question","acceptedAnswer":{"text":"CovaltPay is payment software that simplifies group payments and cost-splitting using a conditional escrow system. Users can pool funds for events, gifts, and group purchases with transparency and protection. Its core feature, Pacts, automates fund collection and release based on predefined conditions, ensuring money moves only when terms are met, eliminating manual refunds and uncertainty. The platform follows a three-step process: create a Pact with conditions, invite participants to review terms, and automate payments once conditions are satisfied. If unmet, authorizations are released automatically. CovaltPay integrates with Stripe for payments, uses 256-bit SSL encryption, and maintains tamper-proof records with an immutable audit trail. Real-time tracking lets contributors monitor progress, while a demand order book allows suppliers to compete for bulk orders, releasing funds only upon verified delivery.","@type":"Answer"}},{"name":"Who Uses Covaltpay?","@type":"Question","acceptedAnswer":{"text":"Covalt is designed for businesses, creators, communities, and organisations that need to collect, secure, and coordinate payments before committing to purchases, events, services, or group activities","@type":"Answer"}}]},{"@type":"BreadcrumbList","@id":"https://www.capterra.com.au/software/1106586/Covaltpay#breadcrumblist","itemListElement":[{"name":"Home","position":1,"item":"/","@type":"ListItem"},{"name":"Payment Processing Software","position":2,"item":"/directory/30232/payment-processing/software","@type":"ListItem"},{"name":"Covaltpay","position":3,"item":"/software/1106586/Covaltpay","@type":"ListItem"}]}]}
</script>
