What’s to love about PayID
Less to remember
No need to remember your BSB and account number, as real time payments are completed using a PayID linked to your banking details instead – something as simple as a mobile number or email.
You’ll be able to make and receive payments in real time 24/7 between participating financial institutions, knowing your funds will generally be received almost immediately.
To help you keep better track of your money, payments can be sent with more detailed info – up to 280 characters. So they’re easier to manage and reconcile.
We are working closely with other financial institutions to make sure the highest security and fraud prevention measures are in place. Monitored 24/7.