Remembering your account details isn’t easy.
When it comes to remembering bank account details, like your BSB and account number, most people simply can’t. With all the numbers and passwords in our lives, these numbers are all too easily forgotten.
That’s where a PayID can help
PayID is Australia’s new service that makes sending and receiving payments easier.
Your PayID can be something you already know, that’s easy to remember — like your mobile phone number or even your email address.
You can simply register a PayID within BankWAW’s Internet Banking and then we’ll link it to your BankWAW account of your choice. Then when someone needs to pay you, you just give them your PayID.
What’s better about PayID?
PayID is designed to make life just that little bit simpler and will work seamlessly with the new Osko by BPAY service. BankWAW customers can now make and receive payments faster than ever before, anytime, anywhere via online and mobile banking.
Pay the right person
When you use a PayID with a service like Osko, the name of the person who owns that PayID is shown immediately before you approve the payment. Then all you have to do is simply confirm it’s the right person.
Keeping your details private
PayID means you don’t have to share your BSB and account number, so you can keep them private.
How does PayID work?
You can register, your PayID as something you’ll easily remember, like your mobile number.
Once registered, when someone wants to pay you, or you want to pay someone else, forget exchanging BSB and account numbers – share your PayID instead.
To pay someone using their PayID you simply log-in to WAW's Internet Banking service. There you’ll be given the option to enter a PayID. The system will automatically show you who the PayID is registered to, so you can check before you confirm the payment.
It’s really that simple!
If you require any further information about PayID, Osko or the New Payments Platform (NPP) we would be pleased to help. You can contact your nearest Customer Service Centre or call our WAW Contact Centre on 1300 368 555.
Consider terms and conditions from BankWAW before using Osko and PayID.