What are PayID and PayTo?
PayID is an alias, such as a phone number or email, linked to a bank account for instant NPP transfers, used by about half of Australians in 2025. PayTo is an NPP debit mandate that customers approve in their banking app, replacing traditional direct debits over time.
In detail
PayID is an alias, such as a phone number or email, linked to a bank account for instant NPP transfers, used by about half of Australians in 2025. PayTo is an NPP debit mandate that customers approve in their banking app, replacing traditional direct debits over time.
PayID
Instead of sharing a BSB and account number, the payee shares a PayID. The payer sees the name linked to it before sending, which reduces errors and some scams. Payments arrive in near real time through the New Payments Platform.
PayTo
A business creates a payment agreement, the customer approves it in their banking app, and the business can then collect payments under its terms. Customers can pause or cancel agreements in the app. It supports both recurring and one-off payments.
Why they matter for commerce
- PayID offers a fast account-to-account option for invoices and some checkouts.
- PayTo gives billers real-time debits with clear customer control, and can be used for e-commerce payments.
Adoption
PayID is widely used for person-to-person payments. PayTo adoption by billers is growing.
What it means for payment operators
For your merchants in Australia, PayTo is a modern alternative to direct debit and cards for recurring billing. Recurring payment infrastructure that can add local account-to-account rails keeps them ready.