Property Exchange Australia (PEXA) has digitised the way people buy and sell property. In collaboration with lenders, legal practitioners, land registries and the extended industry, PEXA offers an electronic alternative to paper conveyancing. Currently, over two million transactions and more than $350 billion worth of property value has been transacted on PEXA, with uptake continuing to increase across the nation. Via the online platform, documents can be lodged with Land Registries, and depending on the financial institution, sellers can have access to cleared funds within minutes of a settlement. PEXA is the faster, more efficient and safer way of transacting property.