Latest news with #PayID
Hans India
23-06-2025
- Business
- Hans India
PayID Payments at Australian Online Casinos in 2025
The Rise of PayID Payments at Online Casinos PayID is one of Australia's fastest-growing payment systems. It had more than 18.5 million users in 2025, and the number keeps growing. Australians appreciate the privacy this system provides, making it a suitable choice for gambling platforms like Transaction proportion increased by 12 percent too (according to the Australian Banking Association), showing a steady trend. Punters are looking for ways to deposit and withdraw money quickly without a financial footprint. In this article, you can learn more about how PayID online casinos in Australia let you achieve that. What Is PayID and How Does It Work for Online Casinos? It is a service that lets you use an identifier such as your mobile number or email. This is linked to an eligible bank account so that you can perform real-time transactions. This alternative is an Australian New Payments Platform (NPP), and the majority of banks support it. Punters must visit the payments section of their account on the gaming platform. The following things will happen: Users select PayID as the preferred depositing method The casino gives out an Identifier The PayID is added to the online banking app, which starts the fund-sending process The funds are transferred within moments Since no middlemen are needed, there is no transaction delay. On the plus side, users no longer have to remember long account numbers each time they want to put down money. Why PayID Is Revolutionising Online Casino Payments The best PayID casino in Australia has changed the way casinos operate. Punters can enjoy the following benefits once they implement this type of system. 1. Real-Time Deposits Funds enter a punter's account almost instantly, unlike traditional banks which can take hours or days for deposits. Users often lack the patience for that, especially when placing wagers. PayID allows them to skip the wait and play within seconds. 2. Faster Withdrawals Many gaming sites allow players to withdraw winnings via Identifier, providing a quicker alternative to traditional methods. Funds take around two to five business days to enter the target account when going the original route. The payment system takes only a few minutes or a couple of hours at most. 3. Enhanced Security Perhaps one of the greatest advantages is that you won't have to share important banking details with your gaming platform. Instead, punters should offer an identifier, such as their email and phone number. This offers an extra layer of security for players. It is especially convenient now that bank identity fraud has increased by 2.1% in 2024. 4. Convenience and Simplicity Bank deposits involve copying and pasting long codes and numbers that you may not remember. Making a simple transaction may require you to retrieve your card from your wallet. With this system, all that's needed is some info you may be familiar with, like your mobile number or email. This makes it perfect for people trying a PayID casino for the first time. 5. Improved Privacy Some punters don't want to leave a footprint for their gaming activities. This isn't just for banks, but the gaming websites themselves. All that third parties see is the Identifier you use. This offers peace of mind during transactions, as the activity won't be traced back to you. Not unless you want it to. Growing Acceptance at Online Casinos These days, an increasing number of casinos accept PayID as a main method. They recognise the demand of their punters for faster and more transparent payment options. Major iGaming platforms and niche operators alike are adopting this method so that players can feel confident enough to spend more. We can expect its popularity to grow in the future. Updates to the app and potential innovations will further solidify its position at the top. Platforms are also more inclined to use this method because it minimises chargeback disputes. Final Thoughts A PayID casino Australia real money brings the advantage of quick bets. Payments are made almost immediately, and punters appreciate the privacy of the system. In the future, we can expect a growing number of platforms to adopt it.
Courier-Mail
30-05-2025
- Business
- Courier-Mail
Commonwealth Bank customers experiencing issues with PayID, BSB transfers
Don't miss out on the headlines from Money. Followed categories will be added to My News. Commonwealth Bank customers have been left frustrated this afternoon after a system issue disrupted transfers via NetBank and the CommBank app. Commbank confirmed the problem in a statement released on Friday, reassuring customers it was working to fix an issue affecting outgoing payments. 'You may be unable to make transfers between your accounts or pay someone using PayID or BSB and account number in NetBank and the CommBank app,' the statement read. 'Thanks for your patience. We are sorry for the inconvenience.' The bank later released a statement saying the issue had been resolved at 2pm. Commonwealth Bank customers have been left frustrated this afternoon after a system issue disrupted transfers via NetBank and the CommBank app. Picture: NCA NewsWire/Bianca De Marchi The bank confirmed the problem in a statement released on Friday, reassuring customers it was working to fix an issue affecting outgoing payments. Users trying to transfer money have reported seeing a pop-up message saying: 'Something's gone wrong. Try again a little later.' The outage has triggered a spike in complaints, with around 400 users logging issues on tracking site DownDetector. Despite the disruption to digital transfers, CommBank said customers are still able to use their cards for payments and access cash via ATMs. Commbank informed the issue 'was restored at 2pm'. 'We have fixed an issue affecting some transfers from CommBank accounts,' a statement read. 'Customers can now make transfers between accounts and pay using PayID or BSB and account number in NetBank and the CommBank app. Payments using cards and ATMs were not affected. We are sorry for the inconvenience and thank customers for their patience.' Nevertheless, criticism has been flooding in online, with some customers declaring they will be switching banks. 'So over Commonwealth Bank, I've lost track of how many times this has happened over the years,' one woman wrote on Facebook next to a picture of an error message on her Netbank. 'This time I'm changing banks, not being able to access my own money when I need to pick my car up from the mechanics is infuriating. I'm out in the cold with a baby ffs. They were having problems last night too, Commonwealth Bank, fix your sh**!' There were many more angry customers commenting under a post on Commonwealth Bank's Facebook page. 'Commbank down again, do you people have an IT department, or just winging it? Total disgrace,' he said. 'Standing in line trying to transfer money, bloody over it,' another wrote. Originally published as Commonwealth Bank customers furious after widespread issues with PayID, BSB transfers
Yahoo
30-05-2025
- Business
- Yahoo
Frustration as CBA system goes down
Hundreds of CBA customers were unable to transfer money between accounts or pay people using their NetBank or CommBank app for several hours on Friday. The issue affected transfers from CommBank accounts and took several hours before the services were restored about 2pm. Customers who tried to transfer money between their account or pay people using PayID or BSB and an account number from the app received an error message, 'Something's gone wrong. Try again a little later.' Payments made at an ATM through the outage were unaffected. An update on the bank's website said the issue affecting some transfers had now been fixed. 'We are sorry for the inconvenience. Thank you for your patience,' the statement said. More than 400 customers reported a problem with fund transfers and online banking on Down Detector. Frustrated customers commented it was the second time the outage had occurred in the past month. 'Transfers are down again,' one person commented. 'Transferring funds doesn't work and sending doesn't work and the question bot (is) down,' another person said. 'Second time in about a month Commonwealth Bank has gone down,' a person said. Error in retrieving data Sign in to access your portfolio Error in retrieving data
Herald Sun
30-05-2025
- Business
- Herald Sun
Commonwealth Bank customers experiencing issues with PayID, BSB transfers
Don't miss out on the headlines from Money. Followed categories will be added to My News. Commonwealth Bank customers have been left frustrated this afternoon after a system issue disrupted transfers via NetBank and the CommBank app. Commbank confirmed the problem in a statement released on Friday, reassuring customers it was working to fix an issue affecting outgoing payments. 'You may be unable to make transfers between your accounts or pay someone using PayID or BSB and account number in NetBank and the CommBank app,' the statement read. 'Thanks for your patience. We are sorry for the inconvenience.' The bank later released a statement saying the issue had been resolved at 2pm. Commonwealth Bank customers have been left frustrated this afternoon after a system issue disrupted transfers via NetBank and the CommBank app. Picture: NCA NewsWire/Bianca De Marchi The bank confirmed the problem in a statement released on Friday, reassuring customers it was working to fix an issue affecting outgoing payments. Users trying to transfer money have reported seeing a pop-up message saying: 'Something's gone wrong. Try again a little later.' The outage has triggered a spike in complaints, with around 400 users logging issues on tracking site DownDetector. Despite the disruption to digital transfers, CommBank said customers are still able to use their cards for payments and access cash via ATMs. Commbank informed the issue 'was restored at 2pm'. 'We have fixed an issue affecting some transfers from CommBank accounts,' a statement read. 'Customers can now make transfers between accounts and pay using PayID or BSB and account number in NetBank and the CommBank app. Payments using cards and ATMs were not affected. We are sorry for the inconvenience and thank customers for their patience.' Nevertheless, criticism has been flooding in online, with some customers declaring they will be switching banks. 'So over Commonwealth Bank, I've lost track of how many times this has happened over the years,' one woman wrote on Facebook next to a picture of an error message on her Netbank. 'This time I'm changing banks, not being able to access my own money when I need to pick my car up from the mechanics is infuriating. I'm out in the cold with a baby ffs. They were having problems last night too, Commonwealth Bank, fix your sh**!' There were many more angry customers commenting under a post on Commonwealth Bank's Facebook page. 'Commbank down again, do you people have an IT department, or just winging it? Total disgrace,' he said. 'Standing in line trying to transfer money, bloody over it,' another wrote. Originally published as Commonwealth Bank customers furious after widespread issues with PayID, BSB transfers
News.com.au
30-05-2025
- Business
- News.com.au
Hundreds of CommBank customers unable to send money transfer or pay people
Hundreds of CBA customers were unable to transfer money between accounts or pay people using their NetBank or CommBank app for several hours on Friday. The issue affected transfers from CommBank accounts and took several hours before the services were restored about 2pm. Customers who tried to transfer money between their account or pay people using PayID or BSB and an account number from the app received an error message, 'Something's gone wrong. Try again a little later.' Payments made at an ATM through the outage were unaffected. An update on the bank's website said the issue affecting some transfers had now been fixed. 'We are sorry for the inconvenience. Thank you for your patience,' the statement said. More than 400 customers reported a problem with fund transfers and online banking on Down Detector. Frustrated customers commented it was the second time the outage had occurred in the past month. 'Transfers are down again,' one person commented. 'Transferring funds doesn't work and sending doesn't work and the question bot (is) down,' another person said. 'Second time in about a month Commonwealth Bank has gone down,' a person said.
