PayID at gday007: AU$7 in, cash out in 5 minutes

The short answer

PayID is the payment method gday007 is built around. You pay from your own bank account, the money shows in your gday007 balance instantly, and when you cash out, the withdrawal reaches your bank within 5 minutes. gday007 charges no fee on PayID in either direction, and you can start with as little as AU$7.

This page explains how PayID works, how it compares with the eight other ways to pay at gday007, and which of the detailed guides to read next.

What PayID is, in plain terms

A PayID is a short, easy-to-remember label, usually a mobile number or an email address, that you register with your bank and link to one of your accounts. Once it is linked, anyone paying you can send money to that label instead of typing a BSB and account number. Your bank sets it up in its app or online banking; gday007 does not create it for you.

PayID payments travel over Australia's real-time payments network, the NPP, which is the same system behind Osko transfers. That is why a PayID payment can land in seconds rather than overnight. Whether your own account can send or receive PayID payments, and what your account allows, is decided by your bank, so check with your bank if you are unsure.

Because the money moves straight between bank accounts, there is no wallet to load first and no card number to hand over. Your gday007 deposit leaves your bank, and your gday007 withdrawal comes back to it.

Do you need your own PayID?

Only for withdrawals. The two directions need different things from you:

• To deposit, you need a banking app that can pay to a PayID. You send the money to the payment details gday007 shows you, so you do not need a PayID of your own for this part.
• To withdraw, gday007 sends money to you, so your bank account needs its own registered PayID for the payment to reach it.

Plenty of players deposit first and only think about cashing out when they have a win. It is easier the other way round: register your PayID with your bank before your first session, so the withdrawal side is ready when you need it.

The name check that protects your deposit

When you type a PayID into your banking app, the app looks up the name registered to it and shows that name before you confirm the payment. It is a quick chance to make sure the money is going where you meant it to. If the name shown does not match what you expect from the gday007 deposit page, stop and ask gday007 live chat before you send anything.

The same habit applies to the amount. Type the figure you entered at gday007, check it once more in your banking app, then confirm. A matching name and a matching amount are the two things that keep a deposit moving without a hitch.

PayID next to the other eight gday007 methods

gday007 takes nine payment methods. Every one accepts deposits from AU$7, but only four of them can pay you out.

Two things stand out. First, PayID is the only method that is fast in both directions using nothing but the bank account you already have. Second, whichever way you top up, your money comes out through PayID, Skrill, Neteller or Payz.

Which method suits which player

You just want to play from your bank account

Use PayID both ways. One method, one set of details, no extra account to manage, and no gday007 fee in or out.

You already keep money in Skrill, Neteller or Payz

Use that wallet. It deposits instantly and pays out within 5 minutes, the same as PayID, so there is no speed advantage in switching. The e-wallet guide covers each one.

You like paying by card, Apple Pay or Google Pay

That works for topping up, and the money is in your balance instantly. Just register a PayID with your bank (or open one of the three payout wallets) before you need to cash out, because those methods cannot receive a withdrawal.

You hold Bitcoin

You can deposit with it, allowing 10–30 minutes for the transfer and paying the Bitcoin network fee. Withdrawals still go through PayID or a payout wallet. The Bitcoin guide explains the timing.

Why AU$7 and AU$30 are worth knowing together

gday007 has one of the lowest starting points around: AU$7 gets you into the lobby. The figure to keep alongside it is the AU$30 withdrawal minimum: you can request a PayID payout once your balance is AU$30 or more.

A hypothetical example shows how the two fit. Say you deposit AU$7, play a few pokies and finish with AU$22. That balance stays in your account for next time, because it is under AU$30. Finish with AU$41 instead, and you can withdraw the lot by PayID and see it in your bank within 5 minutes. Knowing this before you start helps you decide whether a quick AU$7 session or a slightly bigger deposit suits what you have in mind.

There is no maximum deposit. Any upper limit is one you choose for yourself. Pick it before you open your banking app, not halfway through a session.

What "within 5 minutes" means at gday007

A gday007 PayID withdrawal is guaranteed to reach your bank within 5 minutes of your request. The clock starts when you confirm the withdrawal in your gday007 account, not when you log out or when your next banking statement prints.

Deposits are quicker still: they show in your balance straight away. Most of the time a deposit is in your gday007 account before you have switched back from your banking app. If a payment ever takes longer than that, the help section of the deposits and withdrawals guide walks through what to check and what to send live chat.

Keeping your PayID payments safe

• Never share your banking app login, passcode or one-time codes with anyone, including anyone claiming to be from gday007. Deposits are always sent by you, from your own app.
• Copy payment details from the gday007 deposit page each time rather than reusing an old payment from your history.
• Check the name your banking app shows before confirming, as described above.
• Keep your transaction receipts until the deposit or withdrawal has shown up where it should.

Where to go next

Quick PayID questions