Sharing details such as bank details is a process that is rarely comfortable for anybody. It could be the fear of forgetting one digit of the account number, or the feeling that that was the wrong account. This makes transferring and depositing money a tedious process since you will always have to remember your bank account details. Fortunately, PayID by Osko does not require you to remember your bank details.

PayID allows you to create a unique identifier with details that are a breeze to recall. With a single universal identifier number, you can receive and make payments. This number could be your phone number or even an email address, which most people already have branded into their memory.

As a result, a PayID transfer is an easy and secure one (and who doesn’t like that combination). In recent times, PlayID casinos are gaining popularity and with the tight security standards used, they are establishing themselves as the to-go-to casinos. Online casinos such as Fair Go, Uptown Pokies, Las Atlantis, Red Dog and El Royale online casinos have already started to adopt this payment method.

PayID is normally linked to your bank account to ensure that you can easily carry out transactions.

When conducting transactions, you’ll typically share your PayID number which could be your email or phone number (which removes the need to share bank details). In cases where you are sending money using PayID, the name of the recipient will be displayed, which confirms the right person is receiving it.

This is quite handy as it can be stressful at times to ensure you have every BSB and Account Number digit completely right, especially when dealing with larger sums of money.

When using PayID to send money to casinos, you will only require the casino PayID number.

However, PayID has limits to the number of transactions that one can make. This is regulated by different financial institutions and bank accounts.

When compared to other payment options, the benefits of using PayID stretch far and wide. Of course, not to shoot down every other payment method, but PayID has created a fantastic business model of addressing previous concerns and improving on them enormously.

The Benefits of Using PayID at Australian Casinos

Easy, Convenient and Accurate

For starters, it’s virtually impossible to forget one’s PayID number. This is because the identifier is based on something the user already has memorised, such as an email or phone number.

Therefore, the chance of providing inaccurate data during a transaction is quite minimal. In addition, you will be able to confirm the name of the recipient during a transaction, therefore, minimising the chances of sending it to an incorrect recipient.

Secure Encryption Technology

Since you will not be required to share your bank information, the transactions are secure. PayID uses high-security encrypted technology, protecting transactions from fraud and cybercriminals. Virtually all online casinos have also put in place measures to reduce cases of cybercrime.

Hold Multiple PayID Accounts

In cases where you hold more than one account, you can comfortably create different PayID accounts for the different bank accounts. This will come in handy when making payments or transfers from one account to another since you will not need to remember all the accounts.

Transfer PayID Between Banks

When changing your bank accounts, you don’t have to change your PayID. You will only need to link your existing PayID to your new bank account, and you will be good to go. It’s important to note that, banks are thorough in this process to ensure they have proven the correct identity.

To make deposits and withdrawals at PayID online casinos, you will need to have a bank account that is registered with PayID.

Here are the steps to follow:

Deposits

1. Log in to your account at one of the PayID casinos listed here and head on over to the payment section.
2. Select the “Deposit” option and choose PayID as your payment method.
3. Enter your registered PayID details (usually your mobile number or email address).
4. Enter the deposit amount and confirm the transaction.
5. Wait for the payment to be processed, (PayID payments usually take only a few minutes)

Withdrawals

1. Log in to your online casino account and head on over to the payment section again.
2. Select the “Withdrawal” option and choose PayID as your withdrawal method.
3. Enter the amount you want to withdraw and confirm the transaction.
4. Wait for the withdrawal to be processed, which can take a few hours or up to a few days, depending on the casino’s processing time.

It’s important to note that some casinos may not offer PayID as a payment method, or may have different minimum and maximum limits for deposits and withdrawals. As PayID is currently only available in New Zealand and Australian online casinos, this is especially relevant if you’re playing casino games at international online casinos.

However, all the casinos listed here accept PayID, so you don’t have to worry about entering bank account details, just your PayID account and you’ll be good to go.

Additionally, there may be fees associated with using PayID casino sites, so it’s important to read the casino’s terms and conditions before making any transactions.

Online casinos are gaining popularity throughout the world. This has been triggered by the entertainment involved and the chance to win some real cash.

Due to this, most online casinos in Australia and other parts of the world are adopting safer and more secure transaction methods.

PayID is one of those handy methods that is both secure and fast. In fact, it’s quite easy to find a PayID casino online as well, which will give you the chance to use this fantastic payment method online to play some fun games and potentially win some cash.

As PayID casinos are not the most common form of online casino, we sometimes get some questions about everything from using PayID as an online banking account or free spins at PayID casinos.

Here are some of the most common questions we’ve found.

Do All Australian Casinos Accept PayID?

There are many casinos that accept payID in Australia, as it’s an incredibly easy form of payment method, however, there may be some that won’t accept PayID, and will have other forms of payment like direct bank transfer service.

Do PayID Casinos have free spins?

Generally, most online casinos in Australia will have promotions that are designed to incentivise people to play casino games and experience the casino in full.

Is PayID a safe form of payment method?

Participating banks, credit unions, and building societies offer PayID through internet banking.

As a result, payments made with a PayID will be protected at the same degree of safety as those made using your current bank account.

Where is PayID used?

PayID is currently available in Australia. While PayID may expand in the future, at the moment PayID transactions can only be carried out within Australia’s shores.