Avoiding PayID Scams at Unlicensed Casinos: A Practical Guide for Australians How PayID Scams Actually Work PayID has become the default way Australians move money between bank accounts since it launched in 2018 through the New Payments Platform. It now processes hundreds of millions of transactions annually across more than 100 participating financial institutions, which […]
Monthly Archives: February 2026
PayID vs Bank Transfer for Casino Payouts: Speed, Cost and Player Protection in Australia How the Two Payout Methods Actually Work A standard bank transfer (EFT) moves funds from a casino’s account to yours using your BSB and account number. The money passes through the New Payments Platform’s clearing layer and typically settles within one […]