Information on PayID and PayID Casinos

If you’re interested in using PayID for deposits and withdrawals, there are many online casinos from which you can choose. To help you sort out and select the best based on your preferences, our team has assessed prospective options and identified the most suitable matches for you. Our recommendations are based purely on our experience and expert assessment, with no vested interest of any kind.

The Best PayID Online Casinos in 2024

Get the best gaming experience available in online gaming platforms with PayID with these options:

*Each star rating is based on the reviews gathered and feedback from players all over the internet. We only included casinos with active licensing from a respected regulatory body to ensure that they adhere to safety protocols created for players. 

Highest Payouts in PayID Online Casinos 

The higher the payout is, the lower the average losses that a player will make. This is calculated as a percentage of the total withdrawal amount in the online casino over the total deposit. Based on this definition, these are the top choices today:

Top Newly Launched Casinos for 2024

Many online casinos are being launched every year. New gaming platforms are also more likely to feature the latest industry technologies. If you’re interested in these, we have found the best of this year’s new online casinos. These have passed our stringent standards on reliability, gaming options, and security, so get ready to have a blast here.

Top Instant Withdrawal Casinos

How quickly withdrawals can be made is a very common concern for players because it indicates control over the funds. If this is an important factor for you as well, we recorded the speed of the entire withdrawal process (including the verification, if it’s required). Based on our testing, these online gaming platforms were able to offer lightning-fast payouts.

How Does Using PayID in an Online Casino Work?

If you’re not registered with a gaming platform, you may not see the payment systems it supports. We understand that you may not want to share your details with every online casino to check their payment methods.

So, we’ve uncovered this information for you. We registered on various sites to see the availability of PayID. As we confirmed multiple times with the customer support teams of various online casinos, they require account verification before you can use it. After that, you should be able to see it as your option.

Link Your Bank Account with PayID

If you already have PayID, you can link it to an existing account with an Australian bank. The actual process depends on the bank that you’re using, but it should look something like this:

1. Log into your bank account.
2. Look for PayID in the payment settings.
3. Fill out a quick form.
4. Verify the link through a secure code.

That’s it! You should receive a notification when this has been completed successfully.

Deposit Money Using PayID

The first thing that you need to do is to ensure that PayID is a supported payment method. The quickest way to confirm is by asking the customer support team. If you see the PayID logo at the bottom of the page, it’s a good sign that you’ll be able to use it on that online casino as well.

Once you’ve created your account, select PayID as the payment method and select your banking app from the list of available options. Then, enter at least the minimum transaction requirement and the casino’s PayID.

Withdrawals

As an anti-money laundering measure, Aussie players need to provide their personal and contact information. Only after doing the verification process will you be able to withdraw your winnings. Once you’ve been cleared, you can proceed with your cashout.

Withdrawal process

PayID Fees & Limits

PayID doesn’t charge anything on transactions to or from online casinos. However, more than 100 Australian banks may impose their own fees. How much you can move per transfer and per day may also differ. You may enquire about the terms of the specific bank that you’re going to use.

The casino itself can also have fees and limits. These details may be found in the terms and conditions most of the time. Review this information before creating an account.

Best Online Pokies

There’s no online pokie that’s universally considered the best. It’s all about your appreciation of the various characteristics of the game. Based on our interviews with players, these seem to be the most important considerations:

• RTP. The higher the RTP, the higher the average returns. That’s why all pokie players go for high RTP titles.
• Volatility level. Low volatility means frequent but smaller wins. High volatility means the opposite. Neither is better than the other, so it’s up to you which you prefer.
• Maximum win. If you’re gunning for the biggest payout, the maximum win may be important to you. In general, newer pokies tend to have higher max wins.
• Number of reels. Three reels are associated with classic pokies. Meanwhile, a higher number of reels allows for more complex gameplay.
• Game features. There are lots of features out there, such as wilds, scatters, multipliers, gamble rounds, and more! 

No matter what the perfect online pokie looks like for you, you can always trust PayID to reliably fund your gaming experience and serve as the receiving account for withdrawing your winnings.

Things to Remember Before Using PayID for Casino Transactions

Have you decided to use PayID? Great! Keep these things in mind for a smooth transaction:

1. Make sure that your PayID is active to prevent issues when completing transactions.
2. Verify the minimum deposit accepted by the online casino you chose to ensure that your funds will be transferred. 
3. Select Bank Transfer for PayID before proceeding with the payment or withdrawal.
4. Verify the transaction limits for PayID withdrawals and any special rules that an online casino may have before you can perform a cashout.
5. Never share your PayID password.

All these factors help prevent friction when you transfer your funds while ensuring that you’re protected.

Player Experiences

Aussie bettors have no trouble finding an online casino that supports PayID payments and withdrawals. In fact, nearly half of those who use PayID use such services weekly. A good majority also claims that they will recommend it to another person.

However, the payment method that you use (even one as awesome as PayID) isn’t the only thing that determines your gaming experience. The online casino site can greatly influence not only your level of enjoyment but also your level of safety. Pick the wrong one, and you get scammed and denied access to your rightfully earned wins.

Phishing sites have also become common, complete with PayID representatives obtaining your information and money without your consent. Be wary of hoax calls where you’re asked to pay to get payment from you. To ensure your safety, stick with licensed and reputable platforms. Make sure that they have SSL encryption and firewalls to protect your data, as well.

Right now, search engines haven’t been great at distinguishing real and phishing casino sites. So, be vigilant. Use extra measures like multi-factor authentication and strong passwords.

Security

Various security protocols and technologies stand between you and a potential hacker, and in good casinos, this makes your financial details practically impenetrable. When using any payment method on a gambling platform, you’re protected by SSL encryption, which prevents anyone else from reading any details that you enter. Malware protection, firewalls, and segregated account funds all further secure your transactions.

Meanwhile, you’re free to activate two-factor authentication to prevent anyone else from accessing your PayID casino account and its funds. If permitted by the online casino that you’re using, you can also activate a VPN to bypass location-based restrictions and hide your IP address. However, many gaming platforms don’t allow this. So, make sure to read the rules first before using it to avoid issues with withdrawals later on.

So, is PayID secure? The fact that major Australian banks allow themselves to be associated with it is the biggest guarantee of safety.

However, players have concerns about anonymity. PayID allows you to send funds using a phone number or email address. Since these are very easy to look up, a motivated person could definitely find out more things about you from just one piece of information. So, we recommend against using your personal number or email address when making your PayID account.

What Is PayID?

PayID is an Australian service that allows you to perform transactions within the country without revealing your bank account information. Instead, you use a unique identifier like a phone number, email address, company number, or Australian Business number. 

Inspired by the Pay Mobile project in the UK, PayID was created to allow transactions within participating local banks with an easy-to-remember address: the PayID identifier. 

And while the preceding project did not gain enough success or traction in the UK, it’s definitely wildly successful in Australia. Today, this service is available to both businesses and individuals who want to promote a higher level of anonymity when making banking transactions.

An interesting development is the requirement to use the New Payment Platform (NPP) to initiate transactions involving PayID. Since not all financial institutions in the county support this, check to see if your bank does. Verify whether it can be used for online casino deposits as well.

Popularity of PayID

The service is very popular. PayID launched in 2019, and it quickly gained the curiosity of the Australian public. The search for the term as a payment method for online casinos started at 100 to 500 per month in 2020, and it rose to 800 by 2021. The year 2022 saw a massive increase to 2,400 searches, which shows a great level of curiosity and even use on gaming platforms.

In 2023, it jumped to 3,900 searches per month; this shows serious interest. PayID was certainly becoming even more relevant. By 2024, it’s up to 4,700 searches per month, which indicates that players are seeing it as a viable option in online casinos.

PayID Partnerships and Collaborations

Right now, more than 100 financial institutions in the country are using PayID. This is thanks to PayID’s constant efforts to ensure ongoing collaborations with Australian financial institutions to ensure that their services remain highly beneficial to users in the country. Some of the banks at which you can use PayID right now are:

• Bankwest
• CommBank
• St.George
• Westpac.

If you’re not sure if your bank is one of them, the PayID website is an amazing source of information. Look for Find My Institution on the homepage to look it up. If you don’t find your bank on the list and you want to make sure, you can always verify directly with your bank. 

If PayID is supported by your bank, you can proceed with linking the two. All you’ll need is your phone number or email address. Players who are considering PayID due to security may also use EFTPOS or credit cards to get a similar effect. 

When you link a bank account to PayID, the latter will use any information that’s already given to the financial institution. You’ll be asked to supply the rest of the required data as required. If you have multiple accounts with a bank, you’ll need to clarify which one you want to use with the PayID link. When using a phone number, you may only be able to successfully create the link when you have also used it for your bank registration. In such a case, simply update your mobile information with the bank.

However, this step may not be available with Bankwest, Commonwealth, NAB, and other large institutions. Here, using an email address is preferred. This information is something you can verify when you message your bank.

How to Set Up PayID in Your Bank

Osko by BPAY

Osko is a BPAY service that lets you complete real-time transfers to people or businesses. It is a pioneering technology, being one of the first to work using the NPP. So, how is Osko able to fulfil this promise? Moving your money in a minute or less is possible with your account number, BSB, or PayID.

Please remember that various banking institutions set limits or delays when clients first use these services. This allows for verification. For example, payments made using PayID in the Commonwealth Bank may be delayed the first few times to protect customers.

Financial institutions that support Osko may be able to access it from mobile banking, online banking, or both. Despite the promising nature of this service, there is no demand yet for casinos that support Osko.

Spotting a PayID Scam

PayID is a secure method that allows its customers to complete transactions quickly and securely. Scams are highly unlikely to happen in reputable online casinos where you only need to confirm the PayID transaction. Unfortunately, there are still ways for scammers to get to PayID users.

Fake transaction errors are very common in online marketplaces such as Facebook. Here, the scammer will let you think that everything is going well. They will ask for your PayID identifier (usually your email address or mobile number) so that they can supposedly make the transfer. Once you provide it, they’ll send you a message pretending to be PayID.

This will state there has been an issue with the transaction. To resolve it, you need to upgrade your account and pay a fee. To avoid falling victim to this, please remember that PayID is a completely free service. PayID will also never request additional payments from you to complete a transaction.

In the context of online casino gaming, you’re highly likely to encounter this issue with a disreputable gaming platform. That’s why we recommend looking at real-life reviews of players who have used an online casino. You should also never share any personal information through unsecured channels. Only stick to the ones officially endorsed by the online gaming platform that you’re using.

To retain your privacy, we recommend using an email address instead of a mobile number as your PayID identifier. It should be a newly created email address used specifically for PayID. This way, none of your personal information will pop up if they try to look you up. By using an email address, you’re also vastly reducing the chance that a scammer will call you. Some people fall for it because the trickster may even know your name, so it sounds very legit. But no matter how authentic the caller may seem, please remember that PayID doesn’t have a premium version; it’s always free to use.

How to Use PayID in Non-PayID Online Casinos

First off, how sure are you that the online casino doesn’t support PayID transactions? Sometimes, you’ll see PayID on the page listing the deposit and withdrawal methods, but it won’t be available when you sign up. This is because you’re required to verify your identity and address before it appears as a payment method. Afterwards, you may see it added.

However, even if the Australian online casino that you want to use doesn’t support PayID, there is still a way around it. Right now, Binance already allows P2P transfers using PayID. This way, you can exchange your fiat AUD currency for a cryptocurrency of your choice. To avoid issues with your chosen online gaming platform, only swap with a crypto coin that you know will be accepted there.

So, if you truly want to incorporate PayID into your gaming activity, there’s a way around it. Once you have swapped your fiat funds into crypto, send them to the online casino where you want to play. For this, you’ll need their wallet address, which you should find on the deposit page. You may also scan the QR code instead. Just like PayID transactions, crypto transfers are processed almost instantly. So, you should be able to get your casino funds in no time!

Advantages and Disadvantages of Using PayID in Online Casinos

As a quick recap of all the discussion on the page, we have provided the key highlights of using PayID:

Best Alternatives

AstroPay

AstroPay is a good alternative when the online casino that you want to use doesn’t support PayID. Practically every online casino supports this payment system. To get started, you first need an AstroPay account. Then, enter the relevant details and finalise your transaction. Once the funds have been transferred to your AstroPay account, you can use them to fund your online casino balance and start playing.

This process may entail an additional step, but the overall transfer time should still be pretty short. Since both systems support instant transactions, you should be able to use them easily on AstroPay casino platforms.

eZeeWallet

Apart from AstroPay, you also have eZeewallet as an alternative. The workaround that is followed here is the same as with AstroPay: transfer your funds to eZeeWallet and then to the online casino that you want to use.