PayID, launched in 2018 as a component of Australia’s New Payments Platform (NPP), simplifies financial transactions by allowing payments through easy-to-remember identifiers like phone numbers or emails. This system was embraced quickly due to its ease of use and robust security, supported by major Australian banks.
Operated by NPP Australia, a subsidiary of Australian Payments Plus—which includes services like BPAY and eftpos—PayID is part of an infrastructure designed for 24/7 operation and real-time processing. This setup ensures high security and constant availability, making PayID appealing for immediate financial transactions.
Despite its benefits, PayID’s main drawback is its limited availability, restricted to users with Australian bank accounts. It’s an excellent choice for those within Australia, offering a quick and secure way to handle online transactions, including at online casinos.
PayID has become a favored method for online casino transactions in Australia, valued for its simplicity and speed. Players can link their bank accounts to memorable identifiers like an email address or phone number, facilitating instant deposits once authorized through their banking app. However, PayID is generally not used for withdrawals; players need to select alternative methods for cashing out.
While PayID does not impose fees, some casinos might charge for transactions or set deposit and withdrawal limits. Its availability is also limited, as not all casinos accept it, so players should confirm if their casino supports PayID. Ensuring security by regularly updating banking applications and monitoring transactions is also crucial for safe usage
Revolution Casino, launched in 2023 and operated by Rabidi N.V., is a cryptocurrency-friendly online platform licensed by the Curacao Gaming Authority. It offers an extensive game library of over 6,500 games, including slots, table games, live dealer games, and even exclusive titles that are unique to the casino. The platform is designed with a sleek, user-friendly interface, making it easy for players to navigate through its vast game selection.
New players are welcomed with a 100% match bonus up to €500 and 100 free spins, offering a solid incentive to get started. Revolution Casino also boasts a VIP program with five levels, offering perks such as cashback, personalized offers, and access to a personal account manager.
The casino supports a wide variety of payment options, including traditional methods like Visa and Mastercard, as well as cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, providing players with flexible and secure banking choices. The platform also caters to sports enthusiasts, offering a sportsbook with live betting options.
Wazamba Casino, launched in 2019 and operated by Rabidi N.V., offers an extensive selection of over 5,000 games. These include slots, table games, and live casino options from top providers like Pragmatic Play, Play’n GO, and Evolution Gaming. The platform is known for its fun, jungle-themed design and gamified elements, including unlockable achievements and a five-tier VIP program.
New players are greeted with a 100% welcome bonus up to €500, plus 200 free spins and 1 Bonus Crab. The spins are distributed as 20 spins per day over 10 days, with a minimum deposit of €20 required to claim the bonus. The casino also offers regular promotions, such as weekly cashback and reload bonuses, making it a popular choice for both casual and high-roller players.
In addition to its casino games, Wazamba has a sportsbook that allows users to place bets on a variety of sports, adding extra versatility to the platform. Wazamba supports multiple payment methods, including Visa, Mastercard, Skrill, and cryptocurrencies like Bitcoin and Ethereum. Customer support is available 24/7 via live chat and email.
Neon54 Casino, launched in 2021 and operated by Rabidi N.V., offers a unique, character-themed online gaming experience. The platform features over 4,000 games, including slots, live dealer options, and table games from top providers like Pragmatic Play, Evolution Gaming, and Play’n GO.
The Neon54 Casino welcome bonus that you are referring to is indeed one of their available offers. New players can claim 100% up to €1,750 along with 100 free spins. This bonus is typically split across multiple deposits, giving players the chance to maximize their rewards. In addition to the match bonus and free spins, Neon54 offers unique perks like the Bonus Crab, adding an extra layer of excitement to the overall experience.
Neon54 supports multiple payment options, including cryptocurrencies like Bitcoin, Ethereum, and Litecoin, along with traditional methods such as Visa and Mastercard. The platform is mobile-friendly, allowing players to enjoy games seamlessly on both desktop and mobile devices.
up to €1,750 + 100 Free Spins
Pros
Speed: Deposits are processed instantly, allowing for immediate play
Security: Enhances safety by removing the need to enter sensitive bank details on casino sites.
Ease of Use: Simplifies transactions with the use of memorable identifiers like phone numbers or emails.
Wide Acceptance: Supported by major Australian banks, widely accepted among Australian online casinos.
Cons
Limited Geographical Availability: Mainly available in Australia, not usable for international players outside Australian banking systems.
Withdrawal Times: While deposits are instant, withdrawals can take longer due to casino processing times.
Potential Fees: Some casinos may charge additional fees for using PayID.
Dependency on Bank Participation: Only usable if a player’s bank supports PayID.
Risk of Overuse: The convenience might lead to overspending, posing a risk of financial issues for some players.
How to Deposit Funds into an Online Casino Account Using PayID
Verify Account Eligibility
Confirm that your bank supports PayID and that you have online banking access. Ensure the online casino accepts PayID as a deposit method.
Create a PayID
Log into your online banking system or mobile banking app. Navigate to the PayID creation section and follow the instructions to create your PayID, which could be linked to your phone number or email address.
Register at the Online Casino
If you don’t already have an account with the online casino, complete their registration process. This typically involves providing personal details and verifying your email address or phone number.
Login to Your Casino Account
Once your casino account is set up and verified, log in using your username and password.
Navigate to the Deposit Section
Find the cashier or banking section of the casino’s website, often labeled as “Deposit”, “Cashier”, or “Banking”.
Select PayID as Your Deposit Method
In the deposit methods listed, choose PayID. You may need to specify whether your PayID is an email or a phone number.
Enter Your PayID Details
Input your PayID identifier (email or phone number) and the amount you wish to deposit into your casino account.
Authorize the Payment
You will be redirected to your bank’s payment authorization page. Log in to your online banking and approve the payment. You may need to enter a security code sent to your phone or email as part of this step.
Confirm the Deposit
Return to the casino site and wait for a confirmation that your deposit has been successful. This should be instantaneous, but you can refresh your account balance to verify that the funds have appeared.
Table of Content
Fees of Using PayID in Online Casinos
PayID itself typically does not impose any fees for transactions, as it is part of its design to facilitate seamless and cost-effective payments directly from users’ bank accounts. This feature makes PayID an appealing option for those looking to minimize transaction costs. However, when using PayID at online casinos, players may encounter fees depending on the casino’s specific policies.
While PayID does not charge fees, online casinos might levy transaction fees on deposits or withdrawals made using this method. These fees vary by casino and are used to cover the costs of processing the transactions. Players should carefully review the payment terms of each casino to understand any applicable fees. Comparatively, other payment methods like credit cards or e-wallets often have fees ranging from 1% to 3%, making PayID a potentially more economical choice for players who are managing their gaming budgets.
Customer support of PayID
PayID does not offer direct customer support services such as live chat, email, or phone support to end-users, as support for PayID transactions is typically managed through the user’s bank or financial institution. Users seeking assistance with PayID-related issues are directed to contact their bank’s customer service teams. The responsiveness and helpfulness of these support services can vary depending on the institution but generally maintain a high standard due to the competitive nature of the banking industry. Major banks in Australia provide multiple support channels, including live chat, email, and phone support, ensuring accessibility and swift problem resolution.
For general inquiries and troubleshooting, the official PayID website along with the New Payments Platform (NPP) website offer comprehensive resources. These include FAQs, detailed guides on how PayID works, and security tips. While direct support from PayID itself is not available, these resources, combined with the customer service provided by the banks, ensure that users have access to necessary support and information, allowing them to manage their PayID transactions effectively and securely.
PayID Payment vs. Other Payments in Online Casinos
Criteria
PayID
Credit Cards
E-Wallets (e.g., PayPal)
Bank Transfers
Transaction Speed
Instant deposits; variable withdrawals
Instant deposits; slow withdrawals
Instant deposits; fast withdrawals
Slow deposits and withdrawals
Fees
No direct fees; some casinos may charge
Often 1-3% transaction fees
Low to no transaction fees; some exceptions
Often no fees but depends on the bank
Security
High
High
Very High
High
Ease of Use
Very easy
Easy
Easy
Moderate
Availability
Mainly in Australia
Worldwide
Widely available but varies by country
Worldwide
Frequently Asked Questions
How do I make a deposit using PayID at an online casino?
To deposit using PayID, go to the casino’s deposit section, select PayID as your deposit method, and enter the PayID identifier (usually an email or phone number). Confirm the amount and complete the authentication on your bank’s portal to finalize the transaction. Deposits are typically instant.
Can I withdraw my winnings using PayID?
PayID is generally used for deposits only. For withdrawals, you will likely need to choose an alternative payment method provided by the casino, such as a direct bank transfer or e-wallet.
Is PayID safe to use at online casinos?
Yes, PayID offers a high level of security as it allows you to make payments without directly sharing your bank account details with the casino. Transactions also require authentication through your bank, adding an extra layer of security.
What are the typical fees associated with using PayID?
PayID itself does not charge fees for transactions. However, the casino might have fees associated with deposits or withdrawals, so it’s important to check the casino’s payment terms beforehand.
What should I do if a PayID transaction fails at an online casino?
Check to ensure that the PayID details are correct and that there are sufficient funds for the transaction. If the problem persists, contact your bank or the casino’s customer support for assistance.
How fast are transactions processed with PayID at online casinos?
PayID transactions are known for their speed, with deposits typically being processed instantly. This allows you to start playing almost immediately after making a deposit.
Are there any limits on how much I can deposit using PayID?
Deposit limits can vary by casino and sometimes by the player’s account settings within the casino. It’s advisable to check with the specific online casino for any limits associated with using PayID.
Can I use PayID from outside Australia at online casinos?
PayID is primarily available to users who have an Australian bank account. If you are outside Australia but have an account with an Australian bank that supports PayID, you can use it; otherwise, it’s not available.
Author Comment
From what I've gathered, PayID really shines for its simplicity and security, making it a standout choice for online casino players in Australia. The convenience of using familiar identifiers like email or phone numbers for transactions, coupled with immediate processing times, is a huge plus. However, it's primarily useful only within Australia, limiting its appeal to international users. If you're an Australian player looking for a secure and swift payment method at online casinos, PayID is certainly worth considering, but keep an eye out for any potential fees that casinos might apply.
George is an experienced author with extensive knowledge of casino websites. He specializes in reviewing and writing about online casinos, providing insightful analysis and recommendations. With a keen eye for detail and a deep understanding of the gaming industry, George helps readers navigate the complex world of online gambling, ensuring they find the best and most trustworthy platforms.
From what I've gathered, PayID really shines for its simplicity and security, making it a standout choice for online casino players in Australia. The convenience of using familiar identifiers like email or phone numbers for transactions, coupled with immediate processing times, is a huge plus. However, it's primarily useful only within Australia, limiting its appeal to international users. If you're an Australian player looking for a secure and swift payment method at online casinos, PayID is certainly worth considering, but keep an eye out for any potential fees that casinos might apply.