Let’s face it, remembering your bank details is tough. With all the numbers in our lives, who can remember their BSB and account numbers?
That’s where a PayID can help.
A PayID is a smart address for real-time payments that’s easy to remember – like your mobile phone number or email address. You can register a PayID with Credit Union SA in Internet Banking or our Mobile Banking App and link it to an account of your choice.
Then, when someone needs to pay you, just give them your PayID instead of your BSB and account number. Simple!
Faster and simpler
PayID is designed to work seamlessly with the new Osko by BPAY service, which we have integrated into our Internet Banking and Mobile Banking App. You can now make and receive payments faster than ever before, 24/7.
Pay the right person every time
If you’ve ever worried about sending money to the wrong person, PayID can help.
When you use a PayID to transfer money the system will automatically show you the name of the person the PayID is registered to before you send the money. So you can be confident knowing your money is going to the right place.
BSB and account numbers still exist
PayID is an easier way to pay someone – it won’t be replacing regular transfers or BPAY. You can choose not to register a PayID and continue using BSB and account numbers to pay or get paid by others (a PayID is easier, though).
Register your PayID today and enjoy faster payments!
Registering a PayID is quick and easy, and can be done in Internet Banking or our Mobile Banking App:
Log in to Internet Banking
Click on the PayID icon in the top navigation bar
Validate your identity with Factor 2 Authentication*, then follow the prompts.
Mobile Banking App
Update the App to the latest version
Select Manage PayID from the menu
Select Get started and follow the prompts.
You can register multiple PayIDs to a single account…
…but only one account to a PayID.
So if you’d like to enjoy the simplicity of using a PayID on two or more accounts, you’ll need to register a unique PayID to each account.
Want to do more with your money?
*Factor 2 Authentication is a form of second tier authentication, providing an additional layer of security. The options available are in the form of a Secure SMS (SMS code sent to your mobile phone), VIP token or VIP credential downloaded on your mobile phone.