What is PayID?

PayID® lets your payers pay you directly from their banking app or online banking. Instead of using traditional bank details, they only need a unique email PayID generated using their existing DEFT reference number

[Payer’s existing DRN]@deft.com.au – e.g. 12345678@deft.com.au

When a PayID is registered for a Short DRN, any leading zeros will automatically be omitted (e.g., DRN 000123456 becomes 123456@deft.com.au).

 

Do I need to enable PayID for DEFT payments?

PayID is automatically enabled. However, there may be cases where your payer needs to get their PayID so they can make a payment by PayID. They can simply get their PayID when needed. 

We’re working with software providers to update their DEFT templates to include registered PayID details.

How do payers make PayID for DEFT payments?

It's easy for payers to use PayID for their DEFT payments. We've created a simple guide with step-by-step instructions, which you can share with them: Using PayID for DEFT payments.

Why use PayID for DEFT payments?

  • Free – DEFT charges no fees to set up and accept PayID payments.
  • Fast – Instant payments from your payers to your Macquarie account1
  • Enhanced security  Your payers will see your business name so they know their payment is going to the right place. It’ll appear like this: DEFT*[your billers name]

PayID payments made on a non-business days will not be settled until the next business day.

 

Why am I not receiving some PayID payments instantly?

PayID payments made on non-business days will settle the next business day. Some banks may hold PayID payments as part of their security measures. Your payer should check with their bank for details.

PayID is a registered trademark of NPP Australia Ltd ABN 68 601 428 737.

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