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The Osko by BPAY® service enables near-instant payments to a PayID or an eligible BSB and account number(s). PayID costs nothing to set up and there are no fees for making and receiving payments via PayID. You then have up to 14 days to set up your Westpac PayID before it reverts to the current bank. If my PayID is set-up with another bank, how do I move my PayID to Westpac?
It’s typically built into the ‘Pay Anyone’ section in your online banking. If you believe you have been scammed, please contact your financial institution. When using PayID, stop and check you're paying the right person or business before you hit send. Contact your financial institution if you think you’ve been ‘scambled’. If you are asked to transfer funds to a PayID on an illegal gambling site, it is almost certainly a scambling website.
A mobile number, email address or ABN/ACN can only be registered once across all financial institutions in Australia. For example, it may be because it is already linked to another bank account at another financial institution. You must inform us immediately if you suspect the security of your access details has been compromised, or you suspect an unauthorised transaction or potential fraud on your accounts.
You can transfer your PayID to a different account within ANZ or from another financial institution in ANZ Internet Banking. You can set up a PayID using your ACN or ABN, in addition to a PayID attached to your mobile or email address. This is crucial to the set up process as we will send a verification code to your ANZ registered mobile number or email to confirm it’s you setting up a PayID.
Please contact your financial institution for more information. Your PayID may be locked and subject to a security investigation. To receive money, share your PayID with the person paying you. The name linked to the PayID will be displayed for you to confirm before you send money. If you are having trouble closing your account, please contact your financial institution. PayIDs can be managed and deregistered in your online banking.
Check to see if your financial institution offers PayID online gambling payments here. When sending money to a PayID, you’ll be shown the name of the person or business registered to the PayID before you hit send. PayID also has an extra layer of security, which can help protect you from scam, fraud or mistaken payments.
In 2021 Australian businesses and consumers lost $227 million to scammers who pretended to be another person or company – (read more) PayID is offered by over 80 financial institutions. You can use your mobile number, email address, ABN, or Organisation Identifier as your PayID to receive fast, secure payments in your online banking. When your PayID is registered, your details (including your name) will be available to people who use the service and enter your mobile phone PayID.
Faced with the prospect of Victoria’s prolonged COVID19 lockdown, owner of boutique fitness studio ‘The Pilates Basement’, Casey Bennett, had (read more) Superhero uses PayID to give its online investors the speed they need to ride the fast-paced share market. PayID provides an instant and reassured way for donors to show (read more) She also provides photos for corporate and (read more) "When a renter pays their rent using PayID, it can be (read more) But organising one can be (read more)
Register your mobile number as your PayID in Online Banking or the Westpac App. Transactions made using PayID have the same level of security that protects your existing bank account payments.2 All the payer needs to know is your mobile number rather than your BSB and account number. Please contact your financial institution if someone you don’t know has sent money to your account. I’d like to use PayID, but I don’t want to hand out my personal information to strangers.
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