PayID is a payment service that enables you to use a unique identifier (such as your mobile number) and link it to one of your eligible accounts to receive New Payment Platform (NPP) real time payments. After you create a PayID you can simply tell payers to make payments to your PayID instead of having to remember your BSB and account number.
What is PayID?
PayID for Business accounts
Macquarie Business Banking accounts do not currently accept payments via NPP or Osko.
Incoming payments to your account will be credited overnight unless the payer has processed the payment as a Real Time Gross Settlement (RTGS) payment.
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