Oliver Moore | February 3, 2023 | Updated on: March 28th, 2023

3 reasons why PayID tops the list of casino banking methods in 2021

With a global turn to online gambling in 2020, the role of secure electronic transactions has also rapidly grown. Australia is not an exception! Since the beginning of the pandemic, urging for cash thrills, Aussies have been seeking advanced options that will be able to process transactions at the light’s speed. Fortunately, nowadays, we have got the perfect solution – the PayID method. Haven’t heard of this service previously? Look through this article, and you will find out why this app is more than an ordinary wallet.

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What affordances do make PayID appealing?

So, what is PayID, and what benefits can Australian gamblers derive from this tool?

Well, you shouldn’t confuse PayID with online transfer systems and electronic money, which may appear not working or glitching at the most important moments. Instead, PayID is a program that links your bank account with your email or phone number and makes that memorable piece of information a universal banking identifier.

How can I deposit through PayID?

As soon as you feel like strengthening a hand or giving a spin, visit a PayID casino and follow this brief instruction.

  1. Download the PayID service on your phone and register there.
  2. Visit a “Deposit” section at a casino and select PayID as a suitable option.
  3. Decide how much you can afford to spend on betting chills.
  4. Enter an amount you are going to deposit.
  5. Type down your identifier in a special field.
  6. Wait a few seconds until your deposit gets processed and pops up on your casino account.
  7. Congratulations! Set your heart on any title and set off a journey to immense riches!

By the way, catch a glimpse of the fantastic news! Fair Go has prepared an awesome present: a 350% bonus match of up to $3000 and 150 good spins on Plentiful Treasure. How to register for this PayID promotion? Copy the DEPOSITPAYID coupon code, and you are good to go!

How to cash out with PayID?

If you are a fortunate son who has won RNG games algorithms or can foresee outcomes, you must be wondering how to use PayID for payouts.

  1. Visit a “Cashier” section and activate a withdrawal process.
  2. Pick this ID banking creation as the preferred transactional method.
  3. Enter an amount that you are eagerly anticipating to sense as banknotes.
  4. Provide a casino with your Pay IDentifier and billing information, so your prizes will reach precisely you but not someone elsed casino .
  5. Confirm your wish to withdraw and wait a moment for your casino coins to get transformed into dollars on your bank account.

Employing PayID, there is no need to spend spare minutes on a desperate search for your bank account number. In this case, one memorable word can substitute for muddling sequences of numbers and bring an elite gaming fulfilment.

No matter what particular casino you will take a liking to, this scheme will be appropriate for all online casinos across the continent.


Why does PayID surpass other methods?

Facts speak louder than advertisements, which is why we are thrilled to reveal some undeniable advantages of the PayID system. Believe it or not, each of these points is a breakthrough in the online casino industry.

  • PayID took the form of an Android/iOS CommBank app, which is crucial for mobile gaming.
  • By directing investments straight to a casino account, it guarantees real-time payments.
  • Thanks to the latest software innovations packed into the program, you don’t have to hand out either your BSB or a bank/casino account number. Neither should you jot them down on numerous papers at the office.
  • Your PayID address will be a unique combination of letters and numbers, which you should dream up on your own. So, take the time and entertain ideas for your virtual identity.

By and large, the PayID’s focus on lightning-fast operations aligns with startling simplicity and unveils a window of gambling opportunities for all risk-takers.

Is there a dark side?

PayID is a medium between your casino and bank accounts. Therefore it has no impact on your transactions. Still, there is only one minus: not all Australian banks and online casinos participate in this project. Nonetheless, the number of Aussies that installed the service notably increased in winter 2021 and will highly likely keep rising in the future, according to PayID user statistics.

  • Is there a PayID casino in Australia?

    Fair Go, Red Dog and Play Croco have already added PayID to their official payment methods lists. Please note that whereas Fair Go enables everyone to deploy the service for all banking operations, Play Croco and Red Dog regard PayID only as an instant deposit system.
  • What type of information is it better to pick as my ID?

    It makes no difference whether you opt for a mobile number or email address. Just choose any nugget of information that you will be able to recall at any time, day or night. Additionally, keep in mind that your ID should be straightforward enough so that you won't make mistakes while filling it in.
  • Is PayID safe and secure?

    PayID is an all-safe and secure way for online casino flurries. Whereas other transactional systems can turn out to be fragile and commit fraud, PayID is a reliable digital project. Why? It is launched by the prominent Commonwealth Bank and protected by end-to-end encryption technologies. Furthermore, due to the CommBank policy, your private data will never be disclosed to the outer world.
  • What are the deposit and withdrawal limits of PayID?

    There are no golden standards for this payment method. Thus, every house sets up its limits. For example, the minimum acceptable deposit at Play Croco and Fair Go is $20. And Red Dog requires at least $30. What about payouts? The latter casino has no restrictions.