PayID is an identity given to you by your bank in Australia. It does not collect any personal information other than what your bank already knows. This information also always remains confidential and is not shared with third parties, i.e. PayID casinos, for example.
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If you use the CommBank app, you have to log into your account, click on the “Profile” button, and select “Manage PayID”. Then, you will be required to select the type of PayID you would like to use and select an account that will be linked to your PayID. Currently, there are 4 types of PayID, including phone number, email address, AND, and organizational ID.
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A total of 94 Australian banks work with PayID. We cannot list all of them here, but you can see almost every local and global name, such as Bank Australia, Bank Melbourne, Australian Military Bank, Credit Unions, and ING. You can see the full list on the official website of the PayID platform.
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For those needing assistance with gambling issues, resources are available. The National Council on Problem Gambling provides a 24/7 hotline at 1-800-522-4700. Local support can be accessed through Gamblers Anonymous and Gam-Anon, which offer community meetings and support.
3/ Funds transferred as a payment to an eligible credit card, business line of credit, home equity line of credit during draw period (“HELOC”), installment loan or mortgage (together “Loan Accounts”) after the applicable cut-off time indicated above but by 11:59 p.m. ET will be credited with the date the payment is submitted. It may take up to 2 business days for these updates to be reflected in your account balances, funds availability, and transaction posting.
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