Before we really get stuck into things, let’s take a quick look at some of the biggest advantages and drawcards of using PayID at an online casino:
Pros | Cons |
Instant deposits | Withdrawal rarely available |
Widely supported at Australian banks | Irreversible payment |
Bonus eligibility | |
Secure method with limited banking information required |

We test multiple PayID casinos to see if they meet our high expectations. Only the options that tick all the boxes get a mention in this section! We rate the best PayID casino on several factors, such as deposit reliability, bonus access, overall playing experience, and different withdrawal options.
After reviewing all the PayID casinos available for Aussie players, these options really stood out from the crowd:
OnlySpins is one of the many online casinos that accept PayID, but we do rate them right up there with some of the best. New players can take their pick from four different welcome bonuses. They offer a lot more markets compared to traditional online casinos as well, including sports and horse racing betting.
Another online casino that accepts PayID is FastOne. They are known for their super-fast sign-up process, plus there are low wagering requirements on some bonuses (as low as x20, for example). PayID isn’t the only payment method either; they have a massive selection of options, among the biggest range we’ve seen.
Playio Casino has a great selection of regular promotions available, and a massive range of payment methods, including PayID, of course! On top of this, for traditional deposits that aren’t attached to a bonus, players are only required to turn over funds x1. Sports betting is also available at Playio Casino, on top of traditional casino and live casino games.
PayID is available across many different industries, so you may have already heard of this payment method and understand how it works. But, we’ll give you a quick rundown as a freshen up, just in case!
PayID is a secure service that links your mobile or email address directly to your bank account. It essentially acts as a “nickname” for your account, so instead of sharing your BSB and account number, you give your PayID to send (and receive) fast transfers.
So, how exactly does PayID work? Here’s the process in full:
Registration - You link your chosen PayID (like your phone number) to your bank account through your account with your bank (this could be online banking or through an app).
Payment - When you need to pay someone, you enter their PayID details instead of bank information.
Verification - Before finalising the translation, you’re shown the name linked to the PayID. This helps ensure the money is going to the right place.
Transfer - The money is sent instantly, no matter the time of day.
PayID runs through Australia’s New Payments Platform (NPP). This means your money moves from one place to another in real time. When depositing into your online casino account, it’s processed instantly, so you can start playing all your favourite games straight away.
The deposit process itself is virtually the same at any online casino:
Copy the online casino’s PayID.
Paste it into your online banking or in your bank’s app.
Confirm the name matches the online casino and transfer.
Even though some online casinos now accept PayID as a banking method, many don’t offer it for withdrawals. The reason for this is that Australian banks may block gambling-related transactions. This means you’ll likely need a backup payment method for withdrawals.
We don’t usually see any additional fees when using PayID. There are, however, rare instances where fees may be incurred, and this may be based on your account type or general transaction settings.
The minimum deposit amount for PayID usually depends on the online casino you’ve chosen, but it typically sits around the $10 to $20 mark. As we mentioned previously, the speed of deposits with PayID casinos is virtually instant!

All the Big Four banks in Australia (i.e. CBA, NAB, ANZ, and Westpac) support PayID, plus smaller regional banks, digital banks, and even some credit unions. As PayID is well-supported, it means every transaction runs through a regulated institution, and not a third-party processor.
One of the biggest drawcards of PayID is the additional security it provides. You don’t have to submit your bank or debit card details to an online casino to play with them. Plus, the safety feature of name confirmation before finalising any transaction helps to prevent fraud or sending the payments to the wrong person.
While some payment methods are excluded from bonuses, it doesn’t seem that this is typically the case for PayID. This means you’re free to claim welcome bonuses, reload bonuses, cashbacks, free spins, and more, without any restrictions.
However, this is dependent on each online casino, so it’s worth reading the bonus terms and conditions before depositing, so you don’t get tripped up. Using PayID as your deposit method also shouldn’t change the bonus terms and wagering requirements either.
PayID is becoming an increasingly popular choice for Aussie players who are looking for real-time deposits and strong security measures. It’s easy to keep more of your banking details safe when using PayID, as you only need to provide a phone number or email to set it up.
The biggest letdown when using PayID is that it’s not readily available for withdrawals. Overall, if you can find a suitable withdrawal method, using PayID is a great and secure option for many Aussies.
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PayID casinos are generally safe places to play, but it’s important to stick with options that are properly licensed. It’s a good idea to read reviews about the online casino you’re interested in as well, to see what other real players have to say.
While depositing is fast and easy, withdrawals aren’t readily available using PayID. This means you’ll have to find a suitable alternative when you’re ready to withdraw your winnings from your online casino account.
We’ve noticed a few PayID casino scams targeting Australian players. To avoid these types of scams, we recommend using only reputable online casinos that have a proper and active licence, and that the PayID name matches the casino’s official name.
Plenty of Australian banks support PayID, including: CBA, ANZ, NAB, Westpac, Macquarie Bank, ING, Bendigo Bank, Suncorp, ubank, Bankwest, BOQ, ME Bank, and more.