PayID is a convenient and efficient way to make online transactions without needing a bank account number or routing code. This is a relatively new but secure payment option, becoming increasingly popular among online casinos in Australia.
You can make deposits or withdrawals at Australian casinos that accept PayID, yet so far there is a limited number of casinos that accept it. Furthermore, you can conveniently send and receive funds to your personal or business bank account with PayID.
✅ PayID is a proven way to deposit and play pokies.
❎ There are only a few casinos that allow you to withdraw via PayID.
✅ You do not have to provide your bank details.
✅ Best casinos this week: PlayZilla.
The Best Casino of July 2024
If you don’t have time to read our guide, we’d like to show you one of the best casinos according to PayID Gambler, so you can stop here or check out the full list below.
⚡️ Betbeast
#1 Betbeast. In the year 2023, Dama N.V., created it and is named BetBeast casino. It has the permission of Curaçao (8048/JAZ2020-13) that makes sure that gambling takes place in a safe space and guarantees fair play. There are over 7,000 games on its site. Furthermore, an exceptional welcome offer worth $5,000 is given to all new members.
You can try out games for every taste: pokies + jackpot pokies, live games, crypto, and table games. There are also powerful tournaments and various sporting events! And the highlight is their VIP programme for the following levels: Bronze, Silver, Gold, Platinum, Diamond. For example, the Platinum level gives you 7.5% weekly cashback, weekly deposit bonus (50% up to $500) and Prize Drops ($7,250 CASH and $1,000 worth of Free Spins) 🔥
Welcome bonus:
up to $6,000
✔️ Huge welcome bonus ✔️ Nicely explained VIP program ✔️ Casino responds publicly to player feedback
Full List of the Best Sites
Welcome bonus:
up to AU$ 2,500
+ 250 Free Spins
✔️ Live chat support 24/7 ✔️ Generous Welcome bonus ✔️ Multiple currencies in one account
Welcome bonus:
up to $6,000
✔️ Huge welcome bonus ✔️ Nicely explained VIP program ✔️ Casino responds publicly to player feedback
Welcome bonus:
up to AU$ 1,500
+ 200 Free Spins
✔️ High monthly withdrawal limits ✔️ One-click registration ✔️ Crypto-friendly
Welcome bonus:
up to 500 EUR + 200 Free Spins
✔️Interesting promotions and tournaments ✔️ Instant live chat supporp ✔️ Live betting
Welcome bonus:
up to 500 EUR + 200 FS
✔️Extensive pokie selection ✔️ Live chat support is available 24/7 ✔️ Top-tier software providers
Welcome bonus:
up to AU$ 1,500
+ 500 Free Spins
✔️ 3,000 games by 45+ providers ✔️ Weekly Cashback ✔️ Accepts crypto in addition to AUD
Welcome bonus:
up to AU$ 1,500 + 150 Free Spins
✔️ No account registration needed ✔️ Earn 0.5% cashback on every bet you place on games ✔️ 24/7 customer support available via live chat and email
Welcome bonus:
up to €2,500
+ 300 Free Spins
✔️Deposits and withdrawals in crypto✔️ Live chat support is available 24/7 ✔️ Specific pokies tournaments
Welcome bonus:
up to $2,250 + 200 Free Spins
✔️High withdrawal limit (up to $100,000) ✔️ Live dealer games ✔️ Specific pokies tournaments
Welcome bonus:
up to AU$ 30,000
✔️Bitcoin friendly casino ✔️ Good loyalty system ✔️ Many cryptocurrencies are available
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up to $2,000
+ 175 Free Spins
✔️ Jackpot pokies ✔️ Live chat support 24/7 ✔️ Offers great bonuses
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up to AU$ 1,800
+ 200 Free Spins
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up to $15,000 + 250 Free Spins
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up to $10,000 + 200 Free Spins
✔️ Huge selection of pokies ✔️ Live chat 24/7 ✔️ Great bonuses
Welcome bonus:
up to $8,000 + 100 FS Promocode: ONLUCK100
✔️ Quick (up to 12 hours) first three payouts ✔️ No KYC for crypto gamblers ✔️ Zero withdrawal fees on crypto
Welcome bonus:
up to $600 + 200 Free Spins
✔️ Daily promotions ✔️ Supports cryptocurrencies ✔️ SLive chat support is available 24/7
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up to AU$ 500
+ 100 Free Spins
✔️ Fiat & Cryptocurrency accepted ✔️ Live chat is open 24/7 ✔️ Mobile friendly pokies
Welcome bonus:
up to AU$ 750 + 200 Free Spins
✔️ Various payment options ✔️ Accepts cryptocurrency ✔️ Mobile friendly games
Welcome bonus:
up to AU$ 5,000
+ 300 Free Spins
✔️ Live chat 24/7 ✔️ A wide range of pokies ✔️ Cryptocurrencies accepted
Welcome bonus:
up to AU$ 2,500 +250 Free Spins
Welcome bonus:
up to 111%
+ 111 FS just for $20
Exclusive bonus code: DELUXE111
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up to $2000 + 200 Free Spins
✔️ Popular progressive jackpot pokies ✔️ Many payment methods ✔️ Large portfolio of games
Welcome bonus:
up to AU$ 2,000
+ 200 Free Spins
✔️ 24 hour withdrawals ✔️ Live dealer games ✔️ Live chat 24/7
Welcome bonus:
up to AU$ 2,100
+ 200 Free Spins
✔️ 24 hour withdrawal timeframes ✔️ Live chat is open 24/7 ✔️ Top-tier software providers
Welcome bonus:
up to AU$1,500
+ 50 Free Spins
✔️ Leading software companies ✔️ Multiple payment options ✔️ Bitcoin-friendly
*The ⭐ rating for each brand was compiled by our team based on feedback from players collected from the Internet. All the casinos on our list are fully licensed and regulated, which means they follow strict rules and ensure player protection and fairness. Otherwise, the casino will be blocked by the ACMA.
Table of Contents
PayID Payments Process
We want to inform you right away that some casinos don’t allow unregistered gamblers to see the page listing payment systems or hide the availability. Though some add PayID, they don’t list any conditions. We were interested in this point and decided to check it out for ourselves.
We chose several sites, registered with them, and talked to the support service, which allowed us to answer the question about the absence of payment methods in the list. Some casinos have stated that PayID will become available after verification or the first deposit. For example, this is the answer we received from the Playzilla casino support team:
“We would like to inform you that the PayID will be available after you make your first deposit by any other available method and complete the KYC procedure.”
Linking PayID to a Bank Account
Before sending money to your online casino for the first time, you need to link your bank account to PayID (note: In order to obtain a new PayID account, you must provide an Australian mobile phone number registered in your name on the Telstra or Optus networks, a valid email address, or an ABN/ACN). Let’s illustrate the whole process using the example of Australia’s largest bank, Commonwealth Bank. The online process takes no more than 5 minutes. Note that the course and sequence are generally identical across many banks. So your steps should be:
- Download the CommBank app or open the NetBank website
- Log in and click “Settings” in the menu list
- Select “PayID” in payment settings
- Fill out a few lines as required by the bank
For security reasons, each bank will require you to confirm the entered data by entering a one-time code sent to you. After that, you will receive an email confirming the successful creation of your PayID account.
In case you need some visual instructions, this quick video demonstates the process of creating PayID that is, as we’ve mentioned before, is similar in all of the banks that support PayID.
Making Deposits to Play
The first step is to register with a gaming platform that supports PayID as a payment solution. We mention this as a separate step because although the product is becoming increasingly popular among Australian casino players, it is not yet widely adopted by local operators. If you don’t see the black and white PayID logo at the bottom of the site or on the Payments page, don’t rush to leave the casino, but rather read their terms and conditions or contact support to be 100% sure that they support this service. After all, as we have already discovered, for some unknown reason, casinos do not always show PayID in the list of payment methods.
Recently, PayID started to appear in betting industry, which means it becomes more popular and more useful for gamblers.
Deposit process
- Log in to the casino website
- Fill in your username and password
- Go to the payment tab
- Select deposit, then PayID
- Choose the bank application option
- Select the available options
- Enter the casino’s PayID and insert the minimum casino deposit amount
- Confirm the transaction and continue
We have received information that most casinos do not allow players to use PayID. Therefore, PayIDGambler’s communications department contacted such casinos as PlayZilla, ExciteWin, Richard, Nomini to find out what the problem was. As it turned out, the casinos themselves did not impose any restrictions, these restrictions are imposed by PayID itself. We are trying to contact PayID for clarification, but we are confident that the problem will be resolved soon.
Withdrawals
Before cashing out their winnings, Aussie players must fill out a form with their personal and contact details. This is a compulsory requirement of online casinos to check the player’s info and check to make sure you don’t have any legal or money laundering issues. No drama it’s just part of their duty to make sure everything is legal. So make sure that your data is correct when you apply.
Withdrawal process
- Log into your account
- Choose the cashier option and click withdraw
- Select PayID
- Insert the amount you are withdrawing
- Enter the Casino’s PayID
- Submit and wait for funds to reflect
We recommend that you check these points so that we can withdraw your money faster:
- Examine the remaining time.
- Verify the lowest withdrawal amount.
- Examine the withdrawal caps for each day and month.
PayID processes any transaction almost instantly. However, first-time payments may be held for security checks, causing delays. Be as well cautious and scrutinize the payment guidelines at PayID-enabled casinos, as some may impose their own timeframes, delaying withdrawals for up to 72 hours. It’s essential to verify these details when selecting a gaming venue to avoid issues related to cashing out bonus earnings.
Bonuses
Alright, let’s dive into the thrilling of PayID gambling world and the bonuses it has to offer and break down the types of bonuses you can snag:
No Deposit Bonuses
This is like getting a free ticket to the funfair. You don’t need to spend a dime to activate this freebie. It’s all in the name, really. For instance, imagine getting your hands on 10 no deposit free spins at a place like Zoome casino. All you gotta do is type in a code like ‘PAYID NDB’, and voilà, you’re in the game.
Welcome Bonuses
Think of this as a warm, hearty welcome hug from the casino when you first join. Nearly every casino has got this. Picture this: a whopping 200% bonus up to AU$1,500 plus an insane 500 free spins at a place like PlayZilla. The catch? A minimum deposit of AU$20 and a 35x wager.
Cashback Bonuses
Ever felt bummed about losing? Well, some casinos have got your back, literally! They offer PayID cashback, kinda like saying, “It’s okay, buddy, here’s some credit for your oopsies.
Most often, these are sign-up bonuses, deposit bonuses, free spins or special VIP bonuses. But at the moment, you won’t find an online casino that gives out exclusive no deposit or other PayID bonuses.
However, there may be bonuses that are not directly related to PayID, yet that can be claimed using PayID. In this regard, we suggest you consider a generous deposit bonus from PlayZilla.
+ 500 Free Spins
Bonus for Aztec Magic Deluxe + 111 FS with bonus code
PayID Fees & Limits
PayID does not charge deposit and withdrawal fees. With over 100 Australian banks supporting PayID, fees and limits may vary from bank to bank, casino to casino, since they set their own transaction fees. It’s challenging to give specific or even estimated figures for potential fees, as the financial institutions have a wide range of policies. Therefore, if you haven’t opened an account with any of PayID’s partnering banks yet, we recommend that you review and compare their fee structures to determine the most suitable option for you.
Note that PayID does not have deposit and withdrawal limits compared to bank or online casinos with deposit and withdrawal limits.
In terms of transaction ceilings, the conditions are highly specific, yet at the majority of online casinos accepting PayID, a minimum deposit of $15 is typically required for genuine money gameplay. The upper boundary for each transaction often oscillates between $3,000 and $8,000, although crypto wallets generally offer more leeway (for example, Slots Palace and Rabona support deposits in the following range: $15 – $7,800). When it comes to cashing out, you’ll usually find constraints ranging from $50 up to 10,000$.
Instead, check this table for PayID daily transaction limits for several central banks in Australia:
| Commonwealth Bank of Australia | $20,000 |
| ANZ (Australia and New Zealand Banking Group) | $5,000 |
| National Australian Bank | $2,500 without SMS registration, $5,000 with SMS registration |
| Citi Bank Australia | $10,000 |
| Macquarie Bank | $5,000 (can be incresed) |
| Westpac | $750 (can be increased) |
| Suncorp | $5,000 |
| Bank of Queensland | $5,000 (can be increased) |
| Bendigo Bank | $30,000 |
Best Online Pokies
| Pokies | Developer | RTP | Volitility | Max Win | Bonus Features |
| Mega Moolah | Games Global | 88.12 % | Low | x11250.00 | Free Spins, Jackpot, Scatter symbols and Wilds |
| Starburst | NetEnt | 96.09% | Low | x500.00 | Free Spins, Jackpot |
| Book of Dead | Play’n Go | 94.25% | High | x5000.00 | Expanding Symbols, Free Spins, Risk (Double) Game, Wilds |
| Wolf Treasure | IGTech | 96% | Medium | x2000.00 | Bonus Game, Bonus symbols, FreeSpins, Jackpot |
| Big Red | Aristocrat | 97.04% | Medium | N/A | Free Spins |
| More Chilli | Aristocrat | 95.01% | Medium | N/A | Wild, Scatters, Free Spins, Wild Reels, Additional Reels |
| Where’s the Gold | Aristocrat | 95% | Med-high | x200 | Wilds, Free Spins, Scatters |
| Sun of Egypt 3 | 3 Oaks | 95.61% | High | x10000.00 | Wilds, free spins, upgraded symbols, scatters, Hold and Link bonus, five jackpots, mystery symbols |
| Cash Bandits 3 | RTG | ~97.35% | High | x115000.00 | Free Spins, Multipliers, Wilds, Scatters, 2x Progressive Jackpots |
Higher RTP pokies generally offer better long-term returns to players. For instance, Mega Moolah has an RTP of 88.12%, while ‘Big Red’ offers a higher RTP of 97.04%.
Volatility Levels: The pokies feature different levels of volatility – low (e.g., Mega Moolah, Starburst), medium (Wolf Treasure, Big Red), and high (Book of Dead). Low volatility pokies typically offer smaller, more frequent wins, while high volatility pokies offer larger but less frequent wins.
The maximum win potential varies, with Mega Moolah offering up to x11250.00 times the bet, which is the highest among the listed slots. Starburst offers a comparatively lower maximum win of x500.00 times the bet.
From classic 3-reel slot machines to more advanced 5-7-reel slots, there is a massive range of online pokies to try out. These games cover themes like sports, movies, TV shows, animals, gems, and many more, with fixed and variable paylines.
Games like Starburst, More Chilli, and Sun of Egypt 3 are easily available at many payID website. You can also find a variety of jackpot pokies, including progressive jackpot slots like Mega Moolah by Games Global (ex-Microgaming).
You can start with a small amount of $10 at PayID casino or go for the max bet when you play pokies. You can find exciting multipliers and interesting features like cascading reels, stacked wilds, and bonus games that generate a huge win potential in these games.
You can play and test the online pokies from the popular provider Platipus for free.
What to Check When Using PayID
- Check if your PayID is active when using PayID. A deactivated account will cause inconveniences when making payments.
- Also, you should confirm the minimum deposit amount set by your casino. This will help you avoid any inconveniences when depositing funds in your account.
- Before making any payments, choose bank transfer and proceed to the online banking option. Proceed to the login button and follow the instructions to deposit or withdraw funds efficiently.
- The other thing you should check is the withdrawal limit. Check the maximum or minimum amount you can withdraw from your casino account before proceeding to the next step. Usually, casinos set different limits. So, confirming it makes it convenient. If everything is okay, proceed to the cashier and make your withdrawals.
- Remember that depositing and withdrawing funds is straightforward with PayID. But you should never share your PayID login password with anyone. A PayID number is enough for the transaction.
Player Experiences
- 47% of PayID users say they use it weekly.
- 78% of users had recommended PayID to another person.
- 37% of people worry that others may make a mistake using their account number and BSB when making a payment to them.
Source – nppa.com.au.
Being widely accepted in Australia, bettors don’t have difficulty finding new instant PayID pokies. But choosing the right site can make a lot of difference to your gaming and keep you safe from fraud. Gamblers have encountered affiliate sites where a purported casino does not accept payid.
Players loved using PayID at gambling sites due to the instant deposit facility. You can deposit and play your favourite games almost instantly. You can typically receive payouts from most PayID in casino sites within 72 hours. But for all this, you must share your bank information with a third-party provider, which some players might not like.
However, you should be cautious with the casino you pick, as the possibility of scams always exists. Some players have reported depositing funds via PayID and later denied access to their wins.
Also, there could be impostors acting as online pokies sites with PayID representatives trying to access your funds and identity information. They might ask you to send money to activate your account or upgrade it to receive a certain payment. So, you should be vigilant against such hoax calls. Also, it is imperative to review the firewalls or SSL encryptions that back the site to ensure your data is not falling into the wrong hands. Always go for licensed casinos with a good reputation in the market.
Unfortunately, search engine results do not differentiate rogue casino sites. Check reviews and endorsements from unbiased affiliate sites to get a true picture of the sites that offer PayID. Always set strong passwords and enable multi-factor authentication to stay secure.
Security
The payment method is operating based on a function that’s become industry standard – SSL encryption (Secure Socket Layer). Overall, it makes your private details practically unreadable and is essential for stopping fraud and unauthorized use. Other tools for ensuring a secure payment environment are segregated account funds, firewalls, and rolling out cutting-edge malware protection software. Users can also enable two-factor authentication as an extra layer, guaranteeing no one but you can access your account. PayID is a proxy payment service – an addition to your already existing bank account. So, if your bank is secure there is no reason for you to be not sure about PayID.
Even though PayID is a safe and trustworthy, there have been some complaints from its users. The main feature of the service –ability to check who you send money to by using phone number or email– became the reason for these complaints. The service doesn’t provide anonymity, since nowadays, it’s enough to have such information as your name, phone number and/or email to find more of your personal information. If you want to use PayID and still get more privacy, make sure not to use your personal phone number. Instead, you can create a separate email specifically to use for your PayID.
Some gamblers prefer using VPN while playing for more security. Using PayID, as well as other payment methods, along with VPN can help you bypass geo-restrictions and offer you more privacy. However, it can appear to be a violation of casino terms, which may result in your account’s suspension. To be safe and avoid any further issues, make sure the casino you’ve chosen allows using VPN.
About PayID
PayID is a payment service for conducting domestic transactions within Australia. It is a unique identifier associated with your bank account, company, business or organization. Being a decentralised payment system, the sender and the receiver can mutually transact using a PayID without needing a third party.
You can use your mobile number, email ID, Australian Business Number (ABN), or Company number to set a PayID. You can have multiple PayIDs linked to a single bank account, but you cannot have a single PayID linked to different businesses or bank accounts.
PayID is not a replacement for your bank account number. It is just an easy-to-remember address used to transact within the participating banks.
The idea behind PayID –sending money only using such identifier as a phone number– was not brand new. Back in 2014, an alternative project called Paym (Pay Mobile) was created in the UK. The original project didn’t work out, since only around 5% of the UK’s population used it, and in the March 2023 the project was closed. The concept of easy and fast payments provided by PayID, in turn, was welcomed by Australians and turned out to be successful.
PayID serves individuals and businesses and is integrated into their online banking. However, financial institutions must use the New Payments Platform (NPP) to transact with PayIDs. Not all Australian banks and institutions facilitate these transactions, so you should check the website to know if your bank supports it and whether you can use it for online casino deposits.
We can say that PayID is not really a separate payment method but rather a convenient, fast and anonymous way to make purchases and payments through your bank account. Those who choose PayID don’t need to remembah da Bank State Branch (bank code), cause they ID be an email address or phone numba. Using PayID for payments and purchases is much easier than e-wallets for example, because there is no need to go through a complex verification process and replenish a separate account.
We also want to tell you in a few words about the latest NPP technologies, not all of which are available in online casinos, but we write about them to demonstrate the innovation and the large-scale ideas and prospects of NPP.
The NPP collaborated with the financial services industry to develop PayTo – a new digital way for businesses to initiate real-time payments from customer bank accounts. PayTo provides a digital customer experience by giving customers visibility and control over their payment mechanisms, empowering customers to fund transactions directly from their bank accounts. PayTo began rolling out in mid-2022. Options for using PayTo:
Note: At the moment, we haven’t found any online casinos that offer PayTo for deposits and withdrawals. We don’t rule out the possibility of PayTo casinos appearing in the future, but it depends on the success of this payment method, its vectors, and the online casinos themselves.
Popularity Dynamics
Search volume shows an estimate of the average monthly number of keyword searches for each year related to PayID and online casinos. The data is taken from popular global data collection services.
Starting in 2019 when it was launched, PayID has been gathering interest which can be gauged by the number of searches that range from 100-500 per month in 2020 and rising to 800 in 2021 (at online casino payment methods). The next year, which is 2022 recorded a massive increase up to 2400 searches each month hence showing how much people were curious about it and even started using it. In the following year, being 2023, there has been continued growth where search volumes hit 3900 every month showing that more individuals are becoming interested and knowledgeable about this service. Within the first three months of 2024 alone there was an all time high record at approximately 4700 monthly searches for PayID therefore implying that its relevance is increasingly being felt within the casino payments industry.
PayID’s Bank Partnerships: Who does PayID Collaborate with?
Today, over 100 banks and financial institutions in Australia are using PayID. In order to check if your bank if supported by PayID, go to PayID's official website, scroll a bit down to "Find my institution" part of the page and look for your bank institution. In case you cannot find it, you can always contact your bank's customer support to get all the needed information about PayID availability for your bank.
So, if your banks supports PayID, you can link your bank account with the PayID using your mobile number or email address to enjoy all the privileges it offers. Apart from a bank account, you can also use the EFTPOS or credit card to secure online transactions in Australia.
A user can register one of four types of PayID:
- Email address
- Phone number (offered to individuals)
- Organization identifier
- ABN/ACN (offered to legal entities)
Banks use the information they have to set up the account, but if any essential information is missing, the bank customer is asked to provide it. If the user has more than one account with the bank, they will be offered the choice of which to link to PayID. To ensure the integrity of their security measures, banks allow their customers to register a mobile phone number that was initially tied to a specific customer, but this is not a problem as banks usually allow this information to be updated.
However, not all banks allow using email adress as your identifier. In case you would like to use email adress instead of phone number, such big banks as Commonwealth, NAB and Bankwest allow it. Don't hesitate to contact your bank for more detailed information.
PayID has established close cooperation with many banks in Australia, allowing for seamless integration with their systems. This ensures smooth transfers and some of the well-known banks that have integrated with PayID include:
Osko by BPAY
Osko is a service from the payment platform BPAY, it’s designed to make it easier to transfer that paper in real time between peeps or businesses and was one of the first services to work using the new payment platform (NPP).
On the Osko website, BPAY say the product lets customers make payments from one bank account to another in less than a minute, using BSB and account number or PayID. Keep in mind some institutions might put limits or delays on making Osko transfers. For example, if you use a PayID, Commonwealth Bank says, “First payments to a new recipient may be delayed for up to 24 hours as a security measure.”
Financial institutions offering Osko usually provide access to customers through mobile and online banking, but some banks may only offer it through one of these methods. We have noticed that some players are looking for Osko casinos, but there are no such casinos available.
How to Spot a PayID Scam?
Overall, PayID is a safe payment service that protects its users' data and provides safe and secure space for payments. Trustworthy online casinos are not likely to be the spaces to be scammed, since the the transaction is automatic and only requires your confirmation. However, there are still ways for scammers to trick PayID users. Let's have a closer look at how to recognise and avoid them.
You can meet scammers at online marketplaces, such as Facebook. At first, everything might go smooth and safe, yet, after the scammer receives your PayID identifier, you might receive and email or a text message, depending on the type of identifier you picked. The message you receive, stating a mistake occured during the transaction, would look like it was sent by PayID and ask you to make payment to the user to upgrade your account and complete the transaction from the buyer. So to avoid such situations, make sure to remember that PayID would not ask you to make any additional payments and fees to send or recevie money from someone, since the procedure is free. You as well will not receive any emails, calls or text messages from PayID asking you to pay more.
When it comes to online casinos, the problems may appear if the casino you're using is not reliable. Always check real people's reviews and never share your personal information through unsecured emails, text messages or calls – use only those channels that are provided on the official website of your chosen casino.
To keep your privacy we recommend to connect your email adress to PayID instead of phone number. You can even create a separate email for your PayID. Since your name pops up when your identifier is entered, scammers may get access to your information by simply typing in random numbers which may turn out to be your phone number. With today's technologies, finding person's private information having only their full name and a phone number is simple even for a child. Knowing your phone number would also provide scammers with an opportunity to give you calls, which may even seem legit since they also know your name. Once again, remember, that PayID provides services for sending money with no fees and such thing as "an upgraded account" does not exist.
Use PayID in Casinos That Do Not Accept It
It may happen that you will not see PayID in Payment list of your chosen casino. The reason behind it is that sometimes casinos do not allow unregistered users to see all the payment methods available before verification or a deposit. We had a deeper look into this topic in PayID Payments Process section of the article.
Some Australian casinos do not accept PayID as a payment method at all, yet it doesn’t mean there’s no way to use it. Last year, Binance introduced support for fund deposits through P2P transfers made with PayID. This means users may swap their balance for USDT stablecoin right on the platform. USDT is a cryptocurrency whose value tracks that of the US dollar. Therefore, it enjoys wide acceptance, including in almost every crypto casino.
It means that even if PayID is not listed among a casino’s payment methods, it can still be used indirectly. Just change your PayIDs into USDTs at Binance and then send these tokens as deposits from your online wallet which should have been provided by them together with other details necessary for playing games onto their website (e.g., address). Transactions carried out using USDT offer quickness since they take place almost instantly, thus taking few seconds to complete along with no fees imposed on them.
Pros & Cons of PayID
To finalize the guide, let's take a quick look at positive and negative sides of PayID for gamblers.
- Instant deposits and withdrawals
- High level of security (SSL encryption)
- No need to share bank details with the casino
- Easy setup using mobile number or email
- Supported by many Australian banks
- Generally no additional transaction fees
- Multiple PayID identifiers for different accounts
- Verification of recipient's identity before transaction
- Lack of anonymity in transactions
- Initial verification with the bank required
- Occasional security-related delays
- Cannot withdraw funds directly from PayID to ATM
- Varying transaction limits depending on the bank
- Not all online casinos support PayID
- PayID can only be used for domestic transactions
Best Alternatives
AstroPay
To use PayID on casino sites that don’t support it, you’ll need to register an AstroPay account. Nearly every Aussie online casino offers AstroPay as a payment method. To use AstroPay with PayID, sign up for an AstroPay account and select PayID as your payment method. Enter your deets, confirm the transaction, and wait for the transfer to complete. Use the funds in your AstroPay account to make deposits at online casinos or other platforms that accept AstroPay.
Thus, PayID allows you to quickly transfer funds to AstroPay, which you can use as a gateway to play at casinos that do not make payments via PayId. This adds an extra step but allows you to take advantage of PayID’s speed and continue playing at your favourite gambling sites.
eZeeWallet
Some casinos may not have PayID as a deposit method, but don’t be too upset because, in addition to Astropay, Australians can also use eZeeWallet. Yes, you may think that this is a separate payment method, and you are not mistaken, but its great value in this case is that it functions together with PayID. In simple words, you need to create an eZee account and choose PayID as a payment method. After that, you will be able to make a deposit at the casino of your choice, even if you don’t see PayID as a deposit method (but remember that eZeeWallet must be among the list of payment methods).
Alexis has long been collaborating with various international media outlets related to the iGaming sector. Thanks to her deep knowledge in the field of finance, she knows practically everything about payment processing in online casinos and is happy to share this with others.
So far, this is the best way to make a casino deposit. It is a pity that not all casinos allow withdrawals with PayID
As of now, most casinos do not accept PayID (this is temporary). But for example, at HellSpin and Bizzo Casino you can use PayID. This has been tested by our team.
Has anyone checked whether PlayZilla really gives a Pay id no deposit bonus?