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WITHDRAWING FUNDS TO ONLINE CASINO IN AUSTRALIA USING PAYID

By Kendall Jenkins on 2024-08-26 14:03:00

Instant Withdrawal in Online Casinos with PayID: How and Where to Do It?

If you bet in Australia, you've probably heard of PayID. And there's a reason why this method has become so popular, as it helps bettors make safe, easy and fast payments. PayID is offered by over 100 banks and payments can be made in the secure environment of any Australian internet bank. But these are not all its advantages Instant PayID Withdrawal Casinos in Australia, as listing each one can take a very long time. In this article, we will give you all the important information about how PayID withdrawal casinos in Australia works. 

Here we will look at the main aspects of this payment method in mobile casinos, tell you about withdrawal times and maximum amounts, as well as help you in creating an account to top up your account. This article was prepared by George Metters, editor-in-chief and mobile gaming enthusiast.

How PayID Works in Australia

In the past, any financial transactions in Australia had to include a BSB code. This consisted of 6 digits and identified the bank branch, account number and the name of the owner. Now with PayID, all of this is now a thing of the past. Now everything can be made much easier and more convenient, and all thanks to a new service. 

And this doesn't just apply to normal transactions, but also to mobile casino Australia deposits and withdrawals. PayID allows you to make deposits easily, without a BSB code. All you need to do is enter your email address or phone number. This makes the process much easier and eliminates complicated verifications. Another plus is that PayID does not require a pre-deposit as in the case of e-wallets. In addition, online casino PayID withdrawal Australia also does not take much time, if compared to bank transfers. It is for these reasons that this payment method is so popular among mobile casino bettors.

How to Create an Account to Withdraw Funds?

Since many Australian mobile casinos offer PayID as a payment method, you need to set up an account with a bank that offers services with this type of transaction. Don't worry, there's nothing complicated about this, especially if you use our instructions. It's worth mentioning that although each PayID is linked to a separate bank account, the system allows you to create multiple PayID accounts. Each of these can be linked to a different financial institution. So, to set up your PayID, follow the steps below:

  1. Gain access to online banking. First log in to your online banking account, and then look for the "Create PayID" option in the main menu or payment settings tab;

  2. Start the PayID setup. Select the bank account you want to associate with your PayID. Then determine which identifier will be associated with your PayID. This can be a mobile phone number or an email address;

  3. Complete the verification process. When you select an ID, the bank will send a one-time verification code to the specified email address or mobile phone number. Enter this code in the special field on the confirmation screen;

  4. PayID activation. If you have entered the code correctly, your PayID will be activated. It will be linked to the bank account you specified.

After completing all the steps, you can top up your account or make instant PayID withdrawal casino Australia. 

Which Banks Support PayID?

This system has gained such popularity for a reason and now to top up an account or online casino PayID withdrawal is not a problem. And all thanks to the fact that many banks have also decided to support this idea and introduce PayID for convenient transactions. Our experts have identified the top 5 banks that Australian players choose for deposits and withdrawals with PayID:

Bank

Security

Minimum limit

Westpac Bank

High

1 AUD

Commbank

High

1 AUD

ANZ Bank

High

1 AUD

ING Bank

High

1 AUD

National Bank of Australia

High

1 AUD

Of course, these are not all banks that support PayID. There are many more, and only the major organisations are gathered here. It is thanks to this many support that funding your casino account becomes easier. If you want to know the details of specific banks, you can go to the official page and find out the details.

Waiting Time for Withdrawal of Funds

This payment method is known not only for fast deposits, but also for its relatively short waiting time for withdrawals. Of course, at online casinos Australia, PayID withdrawals take longer than with a simple deposit. This is especially true for the first withdrawal, as banks may conduct security checks that can take up to 24 hours.

Everything else depends on the casino rather than the method chosen. Withdrawals from casinos can be divided into several types:

  • Instant withdrawal - up to 10 minutes;

  • Fast withdrawal - from 10 to an hour;

  • Medium withdrawal speed - from 1 hour to 5 hours;

  • Long withdrawal time - from 5 hours to several days.

Limits for Deposits and Withdrawals

To begin with, it should be mentioned that using PayID for online slots in Australia implies that there are no commissions. However, some casinos may charge their own commissions, although this is very rare. You can check this before PayID withdrawal casino Australia.

Deposit and withdrawal limits also depend on the particular casino. In most cases, the minimum deposit is AU$15, while some may start from as low as $5. Maximum limits range from 3,000 to 8,000 per transaction, although if you need to deposit or withdraw larger amounts, you can use cryptocurrencies.

PayID offers really good conditions and great options for deposits and withdrawals, especially when it comes to Australian casinos. Try it out and you won't regret choosing this payment method.

Conclusion

Now that you are familiar with PayID, payments will become even more convenient for you. You don't have to wait for hours or even days to fund your online casino account. You just need to connect PayID according to our instructions and make instant deposits and withdrawals as fast as possible. And you won't need to enter any more personal information to do so, just your phone number or email. Connect PayID, find a casino that supports this payment method and play using instant transfers.

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