Our latest audit of deposit methods across all licensed Australian bookmakers shows PayID is now accepted at over 80% of operators, up from approximately 60% in early 2025.
PayID uses the New Payments Platform (NPP) to process transfers in real time, 24/7, including weekends and public holidays. For punters, this means deposits settle in seconds rather than the 1-3 business days typical of traditional bank transfers.
Why PayID Matters
Speed is the primary advantage. When you want to place a bet before a race or match, waiting for a bank transfer is not practical. PayID solves this without the fees that some card deposits attract.
Withdrawal via PayID is also growing. Several operators, including Ladbrokes, betr, and Neds, now process PayID withdrawals same-day. See our withdrawal speed tracker for the latest data.
Which Bookmakers Accept PayID?
Check our payment methods hub for the complete list. Major operators including dabble, Ladbrokes, bet365, Neds, Unibet, and betr all support PayID deposits. PayID runs on the New Payments Platform.