Many casino fans are reluctant to disclose their banking details. In 2018, PayID was introduced to Australians as part of the New Payments Platform (NPP). The new service completely overhauled the online banking landscape across the country. The idea behind it is to provide Aussies with an easy-to-use payment solution that saves them the effort of remembering and disclosing their bank details.
PayID is a revolutionary payment service that allows users to rely on details they can easily recall to access their bank accounts. In fact, PayID is an identifier for your bank account. The money-transfer service is offered by Osko, and it is available to customers who have bank accounts at participating financial institutions. To process payments via PayID, you can use your phone number, email address, or ABN (Australian Business Number).
| PayID Summary | |
|---|---|
| Available in | Australia |
| Website | www.payid.com.au |
| Connecting bank account to PayID | Free |
| Withdrawal balance from PayID to your bank account | Free |
| Pay to online merchants | Free |
| Available for deposit | Yes |
| Available for withdrawal | Yes |
| Usual deposit time in online casino | Instant |
| Usual withdrawal time from online casino | Instant |
| Live chat | Depends on the bank |
| Telephone support | Bank-dependent |
| E-mail support | Depends on the individual financial institution |
PayID users can make online payments promptly and easily. Interestingly enough, the main idea behind this platform is to allow people to send money to others without the need to remember any bank details. Furthermore, PayID is the initiative of 13 of the most reputable banks in Australia and the Reserve Bank of Australia, meaning that it is safe to use. Before we continue, we would like to note that more than 100 banks offer the NPP and PayID to their clients.
PayID Registration Process
As established, PayID is a form of payment that allows you to use your phone number, email address, or ABN (Australian Business Number) to send money. This banking solution requires an account with an Australian financial institution, as PayID must be activated through your bank. Below you will find the steps you need to take to start using this payment solution:
- Go to the official PayID website

- Find a participating bank. PayID’s website lists all banking institutions that support the service. You can use the search bar to find a suitable bank or examine the list of participating banks on PayID’s home page.

- Once you have found a bank you can utilize, click on its logo. This will take you to the PayID page of that bank’s website.

- Next, log in to your bank account by entering the required information.

- Finally, follow the bank’s instructions and connect your account to your PayID.

Finalizing Bank PayID Registration
The process will not take long. PayID has ensured that future users can quickly find a banking institution that offers this service. Additionally, activating PayID after you reach your bank’s website is easy and fast, regardless of which institution you use for online banking.
At the time of writing, Australia has what is known as “the big four” banks: the Commonwealth Bank of Australia, Westpac (WBC), the Australian & New Zealand Banking Group (ANZ), and the National Australia Bank. All of these institutions enable their users to connect their accounts to PayID. Other popular banks that support PayID include Macquarie Bank and Bendigo Bank.
Using PayID for Gambling Transactions
A growing number of online casinos geared toward the Australian market have started to embrace PayID. One of the reasons for this trend is that the payment service supports both deposits and withdrawals. Casino enthusiasts who are interested in using this method to make casino payments should first create their unique PayID.
To do so, you must have a bank account at a financial institution that offers this service. To use PayID, log in to your online banking account, click on the Payment Settings button, select “PayID,” and follow the instructions. After that, you will receive a code to verify your mobile number or email address.
If you use the CommBank app, log in to your account, click on the “Profile” button, and select “Manage PayID.” Then choose the type of PayID you would like to use and select an account that will be linked to it. Currently, there are four types of PayID: phone number, email address, ABN, and organizational ID.
The last step is to confirm your details by entering the code you receive. Once you successfully activate the PayID service, you will receive an email. From that point, your PayID is connected to your bank account. A single bank account may have multiple PayIDs; however, each PayID can be linked to only one bank account.
PayID for Gambling Additional TipsTo upload funds to your gaming account via PayID, log in to your online banking account, click on the “Pay someone” button, and enter the amount you wish to deposit. You will be required to fill in a description field of up to 280 characters and confirm the payment. If you have already deposited at a given online casino via PayID, the deposit will be processed instantly. For security reasons, first-time deposits at a gambling site might take up to 24 hours.
Another important thing to mention is that deposits and withdrawals via PayID are carried out in real time. If you are unsure whether you are sending money to the right person, you will see the name of the recipient before confirming the payment.
Once you have accumulated the minimum amount required by the casino for a withdrawal, you can use your PayID. Web-based casinos often have a pending period of 24 to 72 hours. After the casino operator releases your winnings, you will see them in your PayID instantly. In rare cases, it might take several hours for the money to reach your PayID account. Players should note that they will have to disclose their PayID to the casino operator.
Casino enthusiasts should keep in mind that not all web-based casinos that accept Australian players support PayID. Hence, if you wish to use this payment solution, we advise you to first visit the banking page of the casino before setting up an account.
| PayID Gambling Transactions | |
|---|---|
| Supported transactions | Deposits and withdrawals |
| Deposit pending time | Instant |
| Withdrawal pending time | Varies between casinos |
| Additional security | PayID users have to first log into their online bank accounts |
Advantages and Disadvantages of PayID
Some casino fans are uncomfortable with sharing their bank details and personal financial information. That is why many Australian casino aficionados have started using PayID, as it comes with many advantages over traditional payment methods.
As we already explained above, PayID works as an identifier for your bank account. Hence, you do not have to remember or disclose your BSB or account numbers. In other words, PayID users can conveniently send and receive money. The fact that you do not need to share your bank details significantly increases safety and helps maintain your online anonymity.
Furthermore, the PayID platform meets all security standards employed by participating banks. This means that payments to and from online casinos are processed safely. As far as legitimacy goes, many well-established Australian banks have adopted PayID. In addition, the platform was launched by Osko as part of its New Payments Platform (NPP). Osko is a BPAY payment service that uses your bank’s security standards.
More Advantages and Disadvantages of PayIDMany casino fans choose their payment solution based on speed. After all, once you make a deposit to an online casino, you will most likely want to start playing right away. Using PayID means you can deposit at web-based casinos instantly.
Of course, receiving your winnings promptly is also important. Each virtual casino has its own rules and policies regarding payments. Some operators review payout requests within several hours, while others might take up to five business days. After the casino approves your request, the money will reach your PayID account almost instantly.
Probably one of the most notable advantages associated with PayID is the lack of fees. Linked to your bank account, the platform simply serves as an intermediary between consumers and merchants. PayID reduces the possibility of sending money to the wrong recipient, as you will see the name behind the email address or phone number before approving the payment.
Unfortunately, PayID can be used only for payments within Australia. Another drawback is that it is not available at every Australian-based casino. Therefore, fans who would like to use it for deposits and withdrawals have to do some research first.
Aussie players who decide to use PayID should know that they cannot withdraw their winnings directly from PayID. Once the money appears in your PayID account, you must transfer it to your bank account before you can use it.
On a positive note, PayID features generous daily limits that reach up to $10,000. However, casino enthusiasts should not exceed the payment limits imposed by the online casino they are playing at. All in all, PayID is an innovative payment service that offers numerous advantages tailored to the needs of Aussie casino fans.
| PayID Pros | PayID Cons |
|---|---|
| Deposits and withdrawals are processed safely and promptly | Only Australian residents can make use of PayID |
| No need to disclose bank details | PayID cannot be used for withdrawing money from an account |
| Using PayID is absolutely free |
Fees for Gambling Transactions with PayID
At the moment of writing, there are no fees associated with the use of PayID. This means that casino enthusiasts will not be charged high fees for making deposits at online casinos or withdrawing funds. However, the payment platform is linked to the user’s bank account. Your bank might impose fees for transactions to and from your PayID account, but we cannot provide in-depth details, as these vary greatly between banks.
If you use PayID services via your CommBank account, you should know that the maintenance fee is $4 per month. However, if you make deposits totaling $2,000 monthly, you will not be required to pay a maintenance fee. Another important point is that the CommBank app imposes a daily withdrawal limit of up to $2,000. If you withdraw at non-CommBank ATMs, a fee might apply.
| PayID Fees | |
|---|---|
| Gambling deposit fee | Free |
| Gambling withdrawal fee | Free |
| Bank account deposit fee | Free |
| Bank account withdrawal fee | Free |
| Credit/debit card deposit fee | N/A |
| Credit/debit card withdrawal fee | N/A |
| Maintenance fee | Free |
Processing Times with PayID
All financial transactions via PayID are processed in “near real time.” You can send and receive money within a minute. If you are a casino fan who wants to make a deposit at an online casino, the money will appear in your gaming account instantly.
Every seasoned casino fan knows that withdrawal processing times vary between casinos and payment methods. While deposits are processed immediately, withdrawals require more patience. Once you have accumulated sufficient winnings, you can request a withdrawal by visiting the casino’s cashier page. Remember that most online casinos have minimum and maximum withdrawal limits.
The web-based casino will take some time to process your withdrawal request. This period, known as the pending period, varies between casinos. Usually, PayID casinos process withdrawal requests within three business days. After approval, you will receive your winnings instantly.
| PayID Processing times | |
|---|---|
| Gambling deposit time | Instant |
| Gambling withdrawal time | Instant after the payment is approved by the casino |
| Bank account deposit time | Instant |
| Bank account withdrawal time | Instant |
| Credit/debit card deposit time | N/A |
| Credit/debit card withdrawal time | N/A |
Mobile Payments via PayID
The PayID service is available to CommBank app users. Currently, over five million Australians use the app. Provided that your device runs on Android 4.4 or later, you can download the app from Google Play. The size of the app is 49 MB. If you own an iOS device, visit the Apple Store to find the CommBank app; it requires iOS 12.0 or later.
Both apps are available only in English, and you can download them for free. Installing them is a straightforward process that takes just a few minutes. Users can withdraw up to $500 from a CommBank ATM using Cardless Cash. To better control your finances, the apps come with useful features such as Goal Tracker and Spend Tracker. If you tend to forget bill due dates, you can opt to receive reminders and notifications.
Android users can also benefit from a feature called Tap & Pay, which allows on-the-go payments without cash or bank cards. For purchases under $100, no PIN is required. The CommBank app also allows users to use Google Pay and Apple Pay.
| PayID Mobile Payments | |
|---|---|
| Apple pay | Yes |
| Google pay | Yes |
Security at PayID Online Casinos
With PayID casinos, you can make deposits and withdraw your winnings simply by entering your email or phone number. Hence, your financial information remains private. What is more, PayID payments are subject to the bank’s fraud-screening procedures. PayID users can rest assured that the money they send will reach the right person, as they will see the name of the recipient before confirming the payment. CommBank provides a 100 percent security guarantee to its users.
You will be able to register a PayID by logging in to your online banking. If you use PayID via the CommBank app, you can enable two-factor authentication (2FA) to add an extra layer of protection. NetBank users can register for NetCode, a time-sensitive password.
PayID warns users that any emails asking them to disclose personal or banking information that appear to be from the payment platform are actually phishing emails. All financial transactions processed via Google Pay or Apple Pay are safe, as both contactless payment systems use encryption.
| PayID Security | |
|---|---|
| Passcode | No |
| Fingerprint | No |
| FaceID | No |
| Two-factor authentication | Yes |
| Trusted devices | No |
| IP Restrictions | No |
PayID Alternatives
PayID is a banking solution that works well for players, but it helps to know what other payment methods you can rely on if the online casino you choose does not process payments through it. Fortunately, there are numerous processors that get the job done when you want to fund your account or withdraw your winnings. Below are five methods players should consider.
-
POLi
POLi is one of Australia’s leading real-time online payment solutions, and it has gained attention from players and sports bettors alike. The main reason players might pick POLi over other methods is that there are no waiting days for payments to clear, as deposits are executed in real time.Players do not need a credit card to start making payments with POLi, which is another great benefit. Instead, gambling enthusiasts are offered flexibility and a better customer experience, as a large number of leading Australian banks work with POLi.
The safety of its users is a top priority for POLi. To maintain high security, the company does not collect or store players’ sensitive information, so they need not worry that their credentials might be lost or stolen. Additionally, POLi relies on HTTPS transport-level security to protect its users.
-
Flexepin
Flexepin is a payment method that enjoys overwhelming popularity, especially among security-conscious players. The prepaid vouchers are available in more than forty countries and can be used on thousands of websites, including many online casinos. The vouchers accept multiple currencies, including AUD, ensuring that players from Australia will have an easy time handling their payments through Flexepin.Gambling enthusiasts will not be asked to expose any financial information to use the vouchers, which further enhances safety. Flexepin is a good PayID alternative because players do not need a credit or debit card to use the prepaid voucher. The vouchers are not linked to players’ bank accounts, so their financial details remain protected.
Flexepin is also exceptionally budget-friendly, as the single-use vouchers guarantee that players will stay within their budget and cannot overspend.
-
Apple Pay
Apple Pay is a banking method that appeals to gamblers who want to avoid using physical cards or cash. Payments executed through Apple Pay are secure and easy, which explains why more and more players are drawn to it.Apple Pay is accepted on a vast number of websites, and the list of virtual casinos that facilitate payments through it continues to grow. Setup takes just a couple of minutes: all players need to do is connect a credit or debit card to the wallet on their iOS device. The best part is that the wallet is already available on the device, so there is no need to download a separate app.
The increased security Apple Pay offers is also worth mentioning. Transaction-unique codes and transaction-specific numbers are always used, so card details are never shared with merchants or stored on devices. Additionally, transactions remain private, as Apple Pay does not keep information that can be tied back to the user.
-
PayPal
PayPal is another fast and secure way to add and remove funds from your gaming account. This digital wallet allows gambling enthusiasts to transfer money over the Internet in seconds with the utmost safety, as every transaction is protected through encryption technology and monitored to prevent fraud.The fact that there are more than two million active PayPal accounts proves that the company is doing things right. With more than twenty accepted currencies, players from Australia can rely on PayPal as an alternative to PayID.
In addition to world-class security, PayPal doubles as a cash-out option. Withdrawals via PayPal are completed within a couple of hours or up to a day or two, a time efficiency few other processors can provide.
-
Card Payments
Mastercard- and Visa-branded credit and debit cards can also replace PayID because of their wide availability and ease of use. Most, if not all, Australia-friendly online casinos support card payments, meaning that players will be spoiled for choice.Typically, deposits via credit and debit cards take just a few minutes, while cash-outs might take three to five days, depending on the casino. Players should keep in mind that some operators charge small fees that must be indicated on their banking page.
Contrary to what some players might expect, credit and debit cards are among the safest banking methods for online transactions. If the chosen casino is reliable and trustworthy, players can rest assured that their card details will be properly protected.
Casino Games with PayID
Normally, there is a wide assortment of casino games gambling enthusiasts can play with PayID, whether slots, blackjack, roulette, or live games tickle their fancy. Most online casinos provide a comprehensive selection across all these genres, ensuring that users will have a great time regardless of their preferences.
Slots with PayID
Australian players are exceptionally enthusiastic about playing slots, or pokies as they also call them, so it is only natural that online casinos catering to them put a heavy focus on that genre.
Generally, PayID depositors can expect a massive variety of themes, play styles, and bonus features, ensuring they enjoy their spinning adventure no matter their tastes. Additionally, progressive jackpot slots are widely available.
Asgard

Based on Norse mythology and released by RTG, Asgard is an attention-grabbing video slot that is sure to keep PayID depositors engaged for hours. It is a five-reel, three-row game that offers six bonus features. Scatter and wild icons are also featured to help players secure larger wins. Winning combinations can be formed in 243 ways, and the maximum payout per round is 6,000 coins.
Cleopatra’s Gold

Cleopatra’s Gold is a five-reel, twenty-payline video slot that takes players on an adventure to Ancient Egypt. With plenty of theme-related symbols and a desert-style background, players will feel as if they are in the Egyptian sands. Cleopatra has prepared numerous bonus rounds and special symbols, such as scatters and wilds, ensuring that players keep spinning the reels.
Zeus The Thunderer

Zeus The Thunderer is another innovative game that will instantly grab players’ attention. Based on Greek mythology, it impresses with high-resolution graphics and smooth animations. The unmatched atmosphere and visuals are not the only reasons to give it a try. As they dive into the action, players can win three types of bonus spins and will come across 13 regular and two special bonus icons.
Live Dealer Games with PayID
Live dealer games are no less popular, and the tempting table classics and professional dealers awaiting players have become an inseparable part of Australian-facing casino portfolios.
There are games from all genres, as players are normally given a choice of different roulette and blackjack variants, poker games, and even game shows. High-quality streaming helps create an authentic experience, while wide-ranging bet limits suit every taste.
Live Auto Roulette

Auto Roulette can captivate players with its land-based casino vibe and fast rounds. The provider experiments with game design, setting this variant in a real slots hall studio, while streams are available around the clock. It is a single-zero roulette variant that allows players to make call bets. Another reason to enjoy Auto Roulette is that it is available on both computers and handheld devices.
Live Blackjack

LuckyStreak’s Blackjack is a worthwhile live game for those seeking the thrills of live betting. It is a classic seven-seat variant that offers the bet-behind feature. Players can also refer to game statistics or place side bets such as Perfect Pairs and 21+3. Another perk is that players do not need to wait their turn to choose a move, as they can use pre-decision buttons.
Live American Roulette

American Roulette by Vivo Gaming stands out with multiple camera views and 4HD robotic cameras that bring the casino action to players’ computers or mobile devices and allow them to follow every spin. Players are presented with customizable roulette tables and can pick the dealer, table design, and language. There is no limit on the number of players who can join the table simultaneously. The game is accessible on desktop and mobile devices and is playable in portrait and landscape modes.
Blackjack with PayID
Most online casinos partner with multiple gaming studios to provide a top-tier betting experience and a wide variety of card classics.
This fully applies to blackjack, as reputable casinos offer numerous versions of the game to suit all tastes.
Double Exposure Blackjack

Double Exposure Blackjack by BGaming is a version of the classic many players will want to try. As the name suggests, both dealer cards are visible from the start, but to offset this advantage, a blackjack pays even money instead of 3 to 2. Players can double down and split, although splitting is available only once.
Super 7 Blackjack

Betsoft’s Super 7 Blackjack is another intriguing variant. It is a multi-hand game in which players can bet on up to three hands simultaneously. The game features the Super 7 bonus, through which players can win up to 5,000 extra credits. Six decks are used, and a blackjack offers a standard payout of 3 to 2.
Suit’ Em Up Blackjack

RTG’s Suit’ Em Up Blackjack lets players enjoy their favorite classic with an extra twist: a side bet that their first two cards will be suited. The payout depends on the suited cards, with two Aces offering the highest return of 60 to 1.
Roulette with PayID
Roulette games are hugely popular among PayID depositors, and, as with blackjack, almost no online casino leaves them out. Some variants offer standard gameplay, while others are equipped with bonus features and side bets.
Lucky Spin Roulette

Fugaso’s Lucky Spin Roulette refreshes the traditional classic with innovative features. Players can bet anywhere between $0.10 and $600. Special betting options and call bets add intrigue. It is a single-zero variant that allows red and black splits, Finale Plein, and Finale Cheval bets. Players can also view statistics on hot and cold numbers and use the gamble feature.
Zoom Roulette

Zoom Roulette, courtesy of Nucleus Gaming, is a European-style game with a straightforward feature set, making it ideal for newcomers. Bets of up to $500 are accepted, and a race track for call bets is included.
Zoom Roulette is adapted to mobile play, so players can enjoy it whenever they like. Regardless of the device used, once the ball lands, players can zoom in for a closer look at the wheel.
Lucky Roulette

Designed by Belatra Games, Lucky Roulette impresses with visual elements and bonus features. Five lucky numbers are drawn at random and can yield returns of up to 500x the bet if the ball lands on the selected number, while non-lucky numbers offer payouts of 29 to 1. Standard European-style payouts apply to regular bets.
Players can customize their experience with manual wheel spin-up, three table setups, and three table limits.










