Setting up a PayID Account with Commbank in Australia

PayID has replaced bank transfers in Australia, making them more accessible and immediate. Buying goods or selling products, used items, and equipment has become more manageable. The payment platform has also made life easier for gambling enthusiasts, who can instantly fund their accounts via bank transfer.

We will explain how to use PayID Commbank. You’ll also find a risk-free guide to paying for goods and services in Australia and tell you why the service is so popular on the green continent.

How to Set up a Commbank for PayID?

Our experts conducted their verification of the Commbank PayID transfer setup methods. Here are the steps we followed:

1. We entered the PayID Commbank app.
2. Selecting the Profile button in the upper left corner, click Manage my PayID.
3. Then, the specialists were asked to enter a phone number or email as an identifier.
4. We entered the name displayed when entering the ID and confirmed it.
5. Now comes the stage of verifying your email or mobile number using a code.
6. We then tried instant bank transfers to Commbank via PayID and found it fast, convenient, and easy.

To help users understand payments, our specialists have created another guide below.

How to Use PayID to Pay Online?

Most Australians use this bank due to the favorable PayID limits in Commbank. To pay for an item or send money, follow these instructions:

1. Tap the Pay button on the main online banking screen, then tap Pay Someone.
2. To search for saved clients or companies, use contacts and click on Mobile phone number.
3. Having selected a contact, enter the PayID information of the person to whom you want to send money: name, ID and check the entry.
4. Then, enter the amount to top up and describe the transactions for which you have 280 characters.
5. To continue the payment transaction, click Next in the upper right corner and wait until the transaction is completed.

But what to do if the recipient is not in your contacts? To do this, we demonstrate the following guide for payment via PayID Commbank:

1. Select Pay Someone and find the Plus icon on the right side of the screen.
2. The user will see a question about which PayID method should be used: phone number, bank account, international transactions, etc. You can also make a payment by email, ABN, or company ID.
3. Select a mobile number and enter it, then click Next to continue.
4. At the final stage, you must confirm the entered account information associated with the specified identifier.

To send money to businesses or individual entrepreneurs, follow identical steps but go to the Additional tab. Then click Plus and enter your ABN or business ID. If Commbank PayID is not working, you can easily connect the payment instrument to an account at another bank.

Why Use PayID?

Despite many negative reviews about PayID scams through Commbank, this payment system is one of the safest on the Australian continent. To avoid fraud, you only need to understand the principle of the service and learn about its intricacies and possible fraudulent actions: PayID never sends SMS or emails and does not require you to update your account or move to another profile level.

The PayID payment system allows you to pay for goods, products, and games on the Internet or online casinos with PayID without disclosing banking and personal information. All the end seller will receive is a name and ID. At the same time, the system is supported by many Australian banks, which makes it universal for online payments.