Getting a PayID in Australia is about as simple as stealing candy from a baby, except legal and much more rewarding. You need to be registered with the New Payments Platform (NPP) through your bank or financial institution. Just log into your online banking or mobile app, find the PayID setup section, and register your email, phone number, or ABN as your PayID. Voila! Now you can receive payments without disclosing your BSB and account number.
Remember, your bank must support PayID, which most big Aussie banks do. If you’re feeling lazy, customer service can also help you set it up, but really, who has the time?
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Handyman
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