PayID
About Azupay PayID
Enabling real-time, flexible solutions and low cost payments for you and your customers.
How is PayID used?
PayID simplifies the payment process by removing the need for your customers to remember credit card, BSB and account numbers.
Types of PayID
Here are some PayID options that your business can use.
One-off: Single Dynamic PayID
This type of PayID can only receive a single payment and is useful in situations where your customers make a one-off purchase of goods, or pay a single invoice.
The main characteristics of this type of PayIDs are:
- Can only receive a single payment.
- Once completed, the PayID will be de-registered.
Static Recycled: Single Payment PayID:
The PayID can be used repeatedly by creating new PaymentRequests using the same PayID string but specifying whatever you need for the new payment (e.g. different set amount and different description).
This is a customer specific PayID that does not change and is automatically deregistered when the requested payment has been made or the set expiry term has been reached.
The same PayID can be re-registered after payment terms have been met and PayID deregistered.
Static Open: Multi Payment PayID
Reusable, customer-specific PayID for a user-defined amountโ. This is a different type of PayID that supports your customers to make multiple payments over time. It can be useful in situations like a customer wallet where you create a PayID for each customer and they use the same PayID repeatedly over time to top-up their account with you.
When a customer or Account specific PayID that is left open and registered to receive multiple payments until you choose to deregister the PayID. An Open Static PayID does not have an amount set.
๐ ๏ธ How it works
- Choose PayID at the checkout
- Copy the PayID or use the QR Code
- Pay with your online banking or mobile banking app
Updated 7 months ago
We have other solutions for other types of payments (PayOut and PayTo). We recommend you understand all our solutions and the potential business scenarios in which they can be used.