Also known as an Osko payment.
PayID is part of the New Payments Platform run by BPay. It allows instant transfers between banks located within Australia. Your bank must be PayID/Osko ready in order for this service to be enabled.
Q. How do I buy bitcoin with PayID ?
To activate your bank account for PayID, simply link an email, phone number, or ABN/ACN (business accounts only) to your bank account. Once your bank has verified your ownership, you can begin giving that information out to people for them to make payment to your account instantly, so long as their own account is also PayID/Osko enabled
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