PayID allows you to receive payments into your bank account, using just your mobile number or ABN instead of a BSB and account number. That’s all customers need to make payments straight into your linked business bank account, taking away the need for countless bank account details and ensures your business name is always present.
ZenPay PayID support a wide range of industries such as schools, property, travel, thoroughbred racing, legal and B2B, so businesses can accept payments the way they uniquely operate.
Payments made to a PayID are typically sent in under a minute through Osko.
PayID give customer confidence as they can see who they are paying before sending money.
Payments are made in a easy, intuitive steps in the security of your customer’s online banking.
Easy for customers to remember and recall than BSB and account number.
Your customers can see your business name before they confirm their payment, helping protect you from scammers and mistakes.
No need for you to give your BSB and Account details, which fraudsters can use to direct debit.
Your customer selects the PayID payment option in online or mobile banking with their participating bank, and enters your PayID number and the amount.
Your business name appears before payment confirmation, so the customer knows the payment is going to you.
The funds are securely transferred straight into your linked business account.
