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Select the account you would receive money into. Select ‘Manage your PayID’ from the menu.
Tap the ‘Profile’ screen from the navigation menu at the bottom of the screen. In this
instance, ME customers can instead be paid via their BSB and account number.
Using your PayID, you can now receive payments fast, in real time, 24/7.

Receive/send money moments after it’s sent,
rather than waiting for hours. It’s easier to type in a mobile number,
email address or ABN, rather than trying to
type in lengthy account numbers and BSBs. Our goal is for our customers to bank with confidence and ease – which is why we highly recommend that
you make payments using PayID and sign up for a PayID to receive
payments from others. Signing up for a PayID can take
just minutes, and it’s designed to save you time every time you need to receive a payment from someone (more on that later).
Banking just got easier thanks to PayID, and setting up your PayID is
a short, simple process that you can do right now.
We’ve implemented Osko® payments, which give our customers the
ability to make faster and more secure payments to/from participating financial institutions.
Unless you have to change your mobile phone number – then if you do get a new mobile phone number,
you will need to close that PayID and create a new PayID with the new mobile phone number.

Banks typically allow you to change your mobile number or email address linked
to PayID through their mobile banking apps. Always verify payment details
through independent communication channels when receiving updated banking information. However, customers can adjust these limits through their
mobile banking apps or internet banking platforms. Users must verify
this information matches their intended recipient, creating an additional security checkpoint that prevents costly payment
errors. The system sends a verification code to your nominated contact method
within 2-3 minutes. Access PayID management features through the
same NAB Connect app or Internet Banking menu used for registration.
Contact your bank’s customer service team to verify which accounts support PayID functionality.

This restriction ensures each identifier remains unique across
all participating financial institutions. Allow hours for PayID
database updates to propagate across all participating
financial institutions.
We’re committed to keeping your finances secure while making them easier to manage.

Because we support PayID, you can send money to any PayID-enabled
account in Australia. Because PayID’s designed to be easy
to use, the setup usually takes less than 2 minutes.
With Revolut, you can manage your cash and send money with PayID, all in one place.
Making and receiving payments is quicker and easier than ever, using
PayID.
Instead of memorizing lengthy BSB numbers and account details, customers simply use their mobile phone number
or email address to receive instant payments. Additionally, PayID includes built-in security
features like name matching and fraud protection to safeguard
your transactions. The setup process typically takes just minutes and requires an active Australian bank
account, mobile banking access, and a valid phone number or email address.
The process takes just minutes but delivers ongoing
benefits in the form of instant, secure, and convenient transactions.

Ask to be paid by PayID using your mobile number or ABN (whichever you’ve
registered) Make it easier for your customers to pay by providing your mobile number
or ABN, instead of your BSB and account number. Get paid fast1.
It’s important to note that not all banks and financial
institutions permit their customers to have a
PayID or to pay to a PayID. That means, if your account is Osko eligible and you need to pay someone who’s created a PayID, you don’t have to chase up
their BSB and account number – they can simply provide you their PayID and you can pay them that
way. When you add a new PayID payee, you’ll be able to
‘look up’ and verify the name of the owner of the PayID.

Make and receive payments typically in a few seconds using a PayID.

It’s important to note that not all banks and financial institutions
allow their customers to have a PayID or pay to a PayID.

You can now provide your PayID or BSB and account number when you need to get paid.
PayID is an alternative identifier, like an email address or mobile number, which can be linked to an account to receive payments made through the
NPP or Osko.
PayID doesn’t replace your BSB or account number, it’s just
an easier alternative. Give customers your PayID instead of
your BSB and account number to make it easier for them to pay you.
This makes it easier to know where your business stands financially.
Rather than wait hours or days for money to clear, payments made using PayID are received almost instantly.

In most cases, payments made using PayID are received almost instantly.