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What are the benefits of utilising PayIDs?

  • Greater convenience as you can provide payers with details which are easy to remember such as an Email Address or Mobile Phone Number.
  • Greater peace of mind, as you no longer have to provide your financial account information, such as BSB and account number to payers in order to receive payments.
  • Ability to maintain and transfer your PayID if you change financial institutions.

PayID FAQs