PayID for business
Receive payments fast with PayID
Whether you’re a babysitter, a tradie or a market stall owner, PayID is a simple way to get paid for your business or services.
It gives your customers confidence that their money will be sent to you, as they’ll be able to see who they’re paying you before they hit send. This can help reduce fraud, scam and mistaken payments.
Improve cash flow
Payments made to a PayID are typically sent in under a minute through Osko, even between different financial institutions,* meaning you can get paid fast.
* Some payments may be held for additional security checks. Speak to your financial institution for more information.
Easy payment method for customers
Payments are made in a few easy steps in the security of your customer’s online banking.
Protection from fraud, scams and mistaken payments
PayID can help protect you and your customers from frauds or scams, such as invoice interception scams, as payers can see who they are paying before they send money.
Simple to set up for your business
If you’re a micro business or a sole trader, PayID is an easy way to accept fast payments. A PayID can be set up in your online banking using your mobile number, email address, ABN or Organisation Identifier.
Get started with PayID
Head to your online banking and follow the steps to register.
You can use your mobile number, email address, ABN or Organisation Identifier. Your financial institution will let you know which PayID types are available to you.
You can also have multiple PayIDs linked to different accounts or move your PayID to another financial institution.
How customers can pay you
You can add your PayID details on your invoices, or simply share your PayID with customers on the spot to get paid.
You should receive money in under a minute.* Easy.
* Some payments may be held for additional security checks. Speak to your financial institution for more information.
Let customers know they can pay you with PayID
Head to our marketing portal to access material that can help you promote PayID to your customers.
PayID is already in your online banking
PayID is offered by over 80 financial institutions. It’s typically built into the ‘Pay Anyone’ section in your online banking.
Latest PayID news and
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