PayID is an easy way to send and receive money in Australia. Normally, you need to share BSB and account numbers to send or receive a bank transfer. With PayID, you only need the recipient's unique mobile number, email address, or ABN.
You don't need to have your own PayID to send money, but your bank must have the PayID feature available. Check the list of banks that allow PayID here.
How to pay for my transfer with PayID
When you send Australian dollars (AUD) with Wise, you can select PayID as your payment method.
Set up your transfer. Choose AUD as your sending currency.
Choose PayID. Select PayID as your payment method.
Log in to your bank. Open your online bank or banking app.
Choose Pay by email. Select the option to pay via email address.
Send the money. Transfer the exact amount to your unique PayID email (for example: 1234567@wise.com).
What happens next?
Your first PayID payment to Wise might be delayed for up to 24 hours while your bank verifies it. Your bank usually does this with a quick phone call or SMS. This only applies to some Australian banks.
After your bank verifies the first payment, your future payments should arrive instantly.
If your PayID payment doesn't show on Wise and you haven't received a verification request, get in touch with your bank to check if they've sent the money.
Can I send money to PayID recipients?
If you live in Australia, you can also send money from Wise to any PayID recipient in Australia.
Learn more about sending money to PayID recipients.
Good to know:
You can send up to 50,000 AUD per transfer using PayID.
Make sure you send the exact amount requested in your transfer setup to avoid delays.