Australia
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PayID and NPP Are Modernizing Australia's Real-Time Payments
Australia's payment ecosystem combines strong card adoption with a rapidly expanding real-time payment infrastructure. While cards continue to dominate both online and in-store commerce, PayID and the New Payments Platform (NPP) are making instant account-to-account payments faster and easier for consumers and businesses.
PayID allows users to send and receive payments using simple identifiers such as a mobile number or email address instead of bank account details. Together with NPP, it supports Australia's shift toward faster, more connected digital payments alongside wallets such as Apple Pay and Google Pay.
Cross-Border Payment Infrastructure for Global Growth
Local Payment Infrastructure
Connect to local payment methods, bank transfers and digital wallets through a single API. Expand into new markets faster with regulated cross-border payment infrastructure.
Payments & Payouts
Accept customer payments, automate partner payouts and simplify global money movement through regulated fintech infrastructure.
Industries We Support
Supporting e-commerce, travel, gaming, marketplaces, financial institutions, PSPs and fintech companies expanding into new markets.
One API
Launch new markets faster without building separate local payment integrations. Reduce operational complexity while improving payment acceptance and customer experience.
Expand into new markets with regulated cross-border payment infrastructure. 8B connects businesses to local payment methods, national QR networks, bank transfers and digital wallets through a single API, helping businesses launch faster while reducing integration complexity.
Offer customers the payment methods they already know and trust.
Supported Payment Methods
PayID is an easy way to send and receive money from Australia. With PayID, only the recipient's unique mobile number, email address, or ABN need to be used.
speed
Reasons for Popularity
Widespread Adoption: As of November 2022, over 12.7 million Australians have registered for PayID, reflecting its extensive reach and acceptance across the country
Instantaneous Transfers: PayID facilitates near real-time payments, enabling users to send and receive funds almost instantly, enhancing the efficiency of personal and business transactions
Enhanced Security: By using simple identifiers and operating within the secure environment of users' existing online banking platforms, PayID reduces the risk of errors and fraud associated with traditional bank transfers
Built for Developers
Modern APIs, clean documentation and rapid integration.
Built for Finance Teams
Automated reconciliation, transparent reporting and streamlined settlements.
Built for Customers
Trusted local payment methods, smooth checkout journeys and fewer abandoned carts.
