PayID
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Funding online casino accounts using PayID is refreshingly simple. It’s almost like sending money to a mate rather than hassling with applications. PayID is an identifier, not a wallet or a standalone service. You can think of it like an email or a phone number linked to your bank account and lets you send money instantly. Funds arrive to your casino balance in seconds, with no need for entering any sensitive information. That directness is exactly why PayID is so popular with Aussie players, especially with banks restricting card payments to online gambling sites. The plot-twist is: while deposits are usually instant, most casinos will not let you cash out winnings back to PayID.
Hristijan Loleski
Written by: Hristijan Loleski
Last updated on: February 6, 2026
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Top Casino Picks that Support PayID
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Welcome Bonus
Other Bonuses
Number of games
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Maximum Withdrawl
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Loyalty Program
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Welcome Bonus
Other Bonuses 
Number of games
Providers
Minimum Deposit
Maximum Withdrawl
Payout time
Wagering Requirement
Loyalty Program
Jackpot Games
Welcome Bonus
Other Bonuses
Number of games
Providers
Minimum Deposit
Maximum Withdrawl
Payout time
Wagering Requirement
Loyalty Program
Jackpot Games
Welcome Bonus
Other Bonuses Latest PayID Updates
PayID continues to rise as a preferred deposit option at Australian audience online casinos – all thanks to its speed and simplicity. Since many banks have cut off direct card deposits for gambling, all the more operators are listing it alongside traditional bank transfer methods.
PayID deposit handling has been improved by several casinos by syncing identity verification (KYC) with PayID transactions in order to speed up approvals. That means fewer manual steps when moving from deposit to play.
Even with the improved deposits, the withdrawals stay limited because of many banks restricting gambling-related inbound transfers. Real-world usage tends to fall back to bank transfers even at sites that say they support PayID payouts.
PayID Security
One of the reasons I trust it more than other alternatives – and PayId’s biggest selling point as well – is that instead of forcing you to hand over sensitive information to the casino, it leverages your bank’s own secure infrastructure. Everything is processed inside your trusted banking app when you initiate a PayID transfer, standing behind the same encryption and login systems you use for everyday banking. With the removed need for inputting card details or full account numbers, the exposure to data leaks or phishing attacks is significantly reduced.
Bank-grade encryption and secure banking systems protect transactions end-to-end.
Two-factor authentication (MFA) is typically required for approvals, adding another layer of security.
Recipient name confirmation shows you who the PayID belongs to before you send money.
How to Set Up PayID for Online Casinos – A Step-by-Step Guide
When you’re getting ready to use PayID for online casinos, mainly it’s all about preparing your bank account instead of signing up for a new service. Once you have PayID enabled in your banking app, you can use it for instant deposits to online casino sites without the need to share card or account details with them.
- Open your bank’s mobile app and find the PayID setup section under Payments or Profile.
- Create your PayID by linking an email address or mobile number to your bank account.
- Log in to your favourite casino account or create one if you don’t have it yet.
- Choose PayID at the casino cashier, paste or select their PayID, and approve the transfer in your banking app.
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PayID Deposits and Withdrawals
The experience of using PayID for deposits is consistently one of the fastest I’ve had with casino banking. The transfer usually lands in your wallet within seconds or minutes at most once you paste the casino’s PayID into your banking app and confirm the name match – and that’s even outside banking hours.
All of that aside, there’s a small catch: withdrawals via PayID are not reliably supported. Most of the casinos will default to a bank transfer, which can take days for a cash-out, depending on verification and policies of the casino.
Deposit with PayID
- Processing Time: Instant to a few minutes.
- Typical Minimum: AUD $10-$30 (varies by casino).
- Maximum: AUD $5,000-$10,000+ per transaction.
- Fees: Usually none from PayID or casinos; check bank policies.
Withdrawals with PayID
- Processing Time: Rare – many casinos don’t support it.
- Maximum: Depends on casino and bank limits.
- Details Required: Your PayID identifier linked to your bank.
- Fees: Banks or casinos may charge fees if supported.
Best PayID Casino Bonuses
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When you deposit with PayID, what you’ll typically qualify for is a standard bonus offer from the casino for new or returning players – if the terms do not explicitly exclude bank transfers. This qualification is due to PayID not being a part of method-specific bonuses as e-wallets and crypto are – casinos usually treat it almost the same as a bank deposit method.
Typical bonuses you can find are welcome bonuses, free spins or maybe a reload or a cashback offer. Make sure to read the bonus terms before accepting it, as it is very important for a bonus to count towards wagering (unless it’s a no-wagering bonus).
Welcome Match Bonus
With a welcome (match) bonus, PayID deposits count toward your first deposit match – often 100-200% up to a set amount, with bonus and play-through terms clearly listed.
Reload Bonuses
Some casinos offer periodic reload bonuses valid for PayID deposits where you get a smaller percentage match on subsequent funding.
Free Spins Packs
Free spins tied to a PayID deposit are common, especially on selected games; always check game weightings and wagering requirements.
Casino Crest Verdict
PayID has become one of my favorite deposit options if Australian online casinos are in question, and that’s because of its speed, convenience, and strong security. Instantly landing deposits, no need for handing over sensitive account details, and transfers happening inside your familiar banking app, so what more could you ask for. That whole simplicity combined with bank-level encryption and multi-factor authentication makes it a really solid choice for players.
But it is not that perfect as it seems at first glance. The frustration for many is withdrawal support, as it remains limited and unpredictable. You will be forced into slower alternatives if you play on a site that doesn’t support PayID cashouts. Also present is the reality of PayID being mainly an Australian system, so players outside that market often can’t use it at all. Overall, it is quite excellent for deposits and everyday use, but I would advise having a backup banking method that will be ready for withdrawals and larger sums.
Frequently Asked Questions
Yes, PayID does not expose your bank account details to the casino and uses bank-grade security and verification.
Not reliably, most casinos don’t offer PayID cash-outs, defaulting to bank transfers or other options.
Typically not from PayID itself; banks might have limits or fees in specific cases.
Most major Australian banks (CommBank, ANZ, Westpac, NAB) and many smaller banks and neo-banks.
Usually not – PayID deposits normally count toward standard casino bonuses unless the terms specifically exclude bank transfers.
