Steps to Set Up PayID in ANZ Bank for Australians

ANZ bank is part of the ANZ Group Holdings Ltd group of companies offering various payment solutions for legal entities and individuals. Users can access bank cards, personal accounts, credit insurance, and other payment offers. The service supports PayID setup for instant online payments in Australian dollars without additional verification, which speeds up the processing of transactions directly from a bank account. Below, we will tell you how to set up this financial instrument in Australia.

Setting Up PayID in ANZ Bank

To set up ANZ Plus under PayID, Australian users need to complete several steps:

1. Log in to your account using your account details from the mobile application or use online banking.
2. Get the Payment and Transfer category to set up PayID ANZ.
3. Select PayID from the list of available options.
4. Specify the PayID type you prefer to use. We are talking about setting up a payment system in the PayID ANZ app through different identifiers: mobile phone number, ABN (if you have a business account), and email address.
5. Use the prompts on this page to fill in the fields with important information, taking into account the PayID type.
6. When you select a mobile phone number or email address, the banking establishment will send you a verification code. Enter this to complete your PayID verification.
7. Once the verification is complete, you can link ANZ Bank to PayID and test the payment gateway in action.

To receive payments, you only need to provide your payer ID, and the money will be transferred directly to your bank account. In this case, personal data and bank account details will not be disclosed, and the payer will only see your ID and the name assigned to it.

Our experts remind Australian users that only one PayID is associated with each account. If you encounter problems during the setup stage or online payments, you can contact ANZ Plus or PayID support and quickly resolve the problem via text message, chat, or phone.

What is ANZ Plus?

We are examining a digital payment system implemented by the Australia and New Zealand Banking Group. The service is equipped with the following features:

• Create accounts for saving money and online transactions.
• Assistance in investing funds based on artificial intelligence.
• Services for budgeting and its rational use.
• Combination with other payment methods, including credit cards, etc.
• Electronic wallet for contactless payments from a smartphone.
• Maximum level of security, including biometric authentication and 24/7 fraud monitoring.

For ease of use of ANZ Plus, we suggest installing the mobile application on portable Android or iOS devices. This lets you log into your account faster. An alternative is the bank’s official website, which also provides access to all the platform’s functions.

In Completion

As you can see, setting up a payment system for instant payments is very simple. But you also need to know the PayID limit for ANZ, which goes up to AUD 1,000 for daily transactions. But you receive anonymous transfers with maximum protection of banking and personal information. You can also use PayID in online casinos.