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What is PayID? Can I make or receive a payment via PayID?

A PayID is a unique, easy to remember identifier, such as a mobile number, that is linked to an eligible account.

Payments to PayIDs are fast Osko payments, which means they are received in near real-time, 24/7 even between customers of different banks. Payments to PayIDs can also include a longer payment description.

Receive payments to your PayID - You can register your mobile number as a PayID, then share it with people who need to pay you instead of needing to remember your BSB and account number.

Send payments to PayIDs - Payments can be made to the following PayID types: mobile number, email address, ABN, phone number and Organisation ID.

PayID is not yet available with your SpendOne account.