PayID for business
Receive payments fast with PayID
PayID can help businesses and organisations receive payments fast and easily through online banking.
Fast payments
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 for customers
Payments are made in a few easy steps in the security of your customer’s online banking using either a mobile, email, ABN, or Organisation Identifier PayID, or a unique email PayID.
Protection from fraud, scams and mistaken payments
Customers will be shown the name linked to the PayID before they hit send, which can help protect you and your customers from fraud or scams, such as invoice interception scams.
Which PayID option is right for you?
There are two main ways you can use PayID to receive payments.
Using your own PayID to receive payments
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.
To start receiving fast payments, you can register your mobile number, email address, ABN, or Organisation Identifier as your PayID in your online banking. Your financial institution will let you know which PayID types are available to you.
Use PayID as a receivables solution
If your business or organisation needs a more efficient way to collect, manage, or reconcile payments, you could consider PayID as a receivables solution. This allows you to generate unique email format PayIDs for customers, giving them an easy and secure way to pay you, and support easy reconciliation for your business or organisation.
Contact your financial institution or payment service provider to check if they can help you implement PayID as a receivables solutions for your business or organisation.

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.
If you’re using PayID as a receivables solution, head to our brand portal to access material that can help you communicate PayID to your customers.
PayID is already in your online banking
PayID is offered by over 100 financial institutions. It’s typically built into the ‘Pay Anyone’ section in your online banking.
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