Using PayID at Westpac Bank: How to Do it and What You Need to Know

Using PayID at Westpac Bank: How to Do it and What You Need to Know

In this era of technology and innovations, the financial industry couldn’t possibly stay in its place without moving forward. Today, you can find many convenient and hassle-free banking services and solutions that ease your experience with up-to-date features. And PayID is one of such notable solutions that more and more banks and financial institutions integrate into their systems, including Westpac Bank.

PayID is a unique identifier that will be linked to your bank account after you go through the registration and setup process. It comes in the form of a phone number or email address, which means you can remember it even in your sleep.

But what makes PayID such a popular option among thousands of people? Well, the reasons are more than enough. These include but are not limited to

  • instant transactions;
  • enhanced security;
  • no need to remember long and complex banking details and card numbers;
  • and broad availability.

This article will show how you can use PayID at Westpac Bank and introduce the main steps for successful transfers.

How to Set Up PayID? 

If you are a company owner and want to use PayID for business purposes, you will need the ABN from your Westpac profile. However, if you are a personal customer, only an email address or mobile number is enough to register a PayID.

Also, to set up a PayID and connect it to one of your active accounts, you first must be registered at Westpac. 

You can set up PayID using the Westpac App or the Westpac Online Banking.

If you want to complete the process through the App, make sure it has the latest updates and follow the steps below.

  • Go to the Smart Search bar and type PayID.
  • Choose the PayID option from search results and head to the Settings.
  • Click Register Now.
  • Then, follow the prompts to get it done. 
  • When using Online Banking, you can choose from several options – Business Customers, Personal Customers, and Business Administrators.

    • Business Customers: Head to – Service > Services > Account Services > PayID settings > Create new PayID.
    • Personal Customers: Open the Menu from the primary page and follow the steps – Service > Services > Account Services > Pay to Mobile/PayID > Register Now.
    • Business Administrators: You will need to give access to users to create a PayID if you are a business administrator. For that, navigate to Administration > User Administration. Next, in Other Permissions, choose the user you want to give access to, pick Manage PayIDs, check the details, and click Save. Right after the user creates the ABN PayID, it will need approval from the business administrator. You can approve the request in the Go to Approvals > Other Tasks section.

    In addition, the Administrator can modify the number of approvals necessary for PayID creation.

    How to Receive Payments by PayID

    After successfully setting up your PayID account, you can use your ID to receive funds from other parties through your mobile phone. The process is quite easy to understand. The sender just needs to pick PayID from the transfer options available in their banking app or online website, fill in the provided number, and specify the transfer amount.

    What’s more, before releasing the funds, they can see your name on the screen. It means the possibility of mistakes is nearly zero. Also, if you have turned on the push notifications, you will receive one once the transfer is successfully completed.

    How to Send Funds Using PayID

    Whether you want to make a deposit for online shopping or top up your balance and play online pokies with PayID, the process of transferring funds is quite simple.

  • Open the Westpac App or log into Online Banking.
  • Go to the Payment page.
  • Select an existing PayID payee or add a new one if needed.
  • Fill in the amount you wish to transfer.
  • Verify the identity of the registered payee by checking his name on the screen to be sure there are no mistakes.
  • Tap Confirm to finish the transaction.
  • Once done, the payment will be seen on the user’s account almost instantly.

    You can view the original article HERE.

    ‘The White Lotus’ Star Patrick Schwarzenegger Rejects “Frustrating” Nepo Baby Criticism
    ‘The White Lotus’ Star Patrick Schwarzenegger Rejects “Frustrating” Nepo Baby Criticism
    A Salute to the Movies That Got Overlooked During Oscar Season | Features
    A Salute to the Movies That Got Overlooked During Oscar Season | Features
    Liam Neeson’s ‘The Marksman’ is Free to Stream on Tubi
    Liam Neeson’s ‘The Marksman’ is Free to Stream on Tubi
    Frederick Wiseman on His Style & Having a “Psychopath as President”
    Frederick Wiseman on His Style & Having a “Psychopath as President”
    Iggy Pop announces support acts for 2025 London show
    Iggy Pop announces support acts for 2025 London show
    The Mars Volta debut as-yet-unannounced album live while opening for Deftones in Portland
    The Mars Volta debut as-yet-unannounced album live while opening for Deftones in Portland
    Watch New Order play ‘State Of The Nation’ for first time since 1987
    Watch New Order play ‘State Of The Nation’ for first time since 1987
    Bhad Bhabie Deploys Travis Barker Lookalike in Alabama Feud
    Bhad Bhabie Deploys Travis Barker Lookalike in Alabama Feud
    Chicago PD Season 12 Episode 14 Review: Flueger and Coleman Wreck Us in Emotional Hour
    Chicago PD Season 12 Episode 14 Review: Flueger and Coleman Wreck Us in Emotional Hour
    ‘Mob Cops’ Trailer Brings to Life the Biggest NYPD Corruption Case of All Time
    ‘Mob Cops’ Trailer Brings to Life the Biggest NYPD Corruption Case of All Time
    Dead City’ Returns in May With Season 2 Premiere Date
    Dead City’ Returns in May With Season 2 Premiere Date
    Law & Order: SVU Season 26 Episode 13 Round Table: Was Benson Being Reasonable?
    Law & Order: SVU Season 26 Episode 13 Round Table: Was Benson Being Reasonable?
    Report: Titans grant Landry permission to seek trade
    Report: Titans grant Landry permission to seek trade
    Inside a Gambler’s Mind: What They See in Baccarat Games
    Inside a Gambler’s Mind: What They See in Baccarat Games
    Nuggets’ Malone touts ‘humble’ Jokic after career night
    Nuggets’ Malone touts ‘humble’ Jokic after career night
    Cowboys to be ‘selectively aggressive’ this offseason
    Cowboys to be ‘selectively aggressive’ this offseason
    A Bruja’s Guide to Navigating Eclipse Season
    A Bruja’s Guide to Navigating Eclipse Season
    Gene Hackman Found Dead in Home with Wife Betsy Arakawa, Dog
    Gene Hackman Found Dead in Home with Wife Betsy Arakawa, Dog
    Is Alex Cooper and Alix Earle’s friendship unwell? What we do — and don’t — know amid podcast network changes
    Is Alex Cooper and Alix Earle’s friendship unwell? What we do — and don’t — know amid podcast network changes
    Erik and Lyle Menendez May Not Need Judge’s Approval for Prison Release
    Erik and Lyle Menendez May Not Need Judge’s Approval for Prison Release
    Parker Posey For Gap, Fendi’s 100th Anniversary Show!
    Parker Posey For Gap, Fendi’s 100th Anniversary Show!
    NYFW STYLE DIARY: Sophie Habboo Merges London Rebellion with British Sophistication at New York Fashion Week
    NYFW STYLE DIARY: Sophie Habboo Merges London Rebellion with British Sophistication at New York Fashion Week
    Cuyana Easy Tote Review | PS Fashion
    Cuyana Easy Tote Review | PS Fashion
    Ciara Miller Is Ready For “Summer House”—And Summertime!
    Ciara Miller Is Ready For “Summer House”—And Summertime!