How faster, simpler, smarter payments works
- Make a payment to a PayID instead of a BSB and account number
- Include more information (up to 280 characters) with your payment
- Have your funds transferred fast – generally in less than 60 seconds, 24/7 - when you make a payment using the NAB Mobile Banking app
How it can help you
Transferring money online is now faster and simpler. Here’s an example:
You spot an item for sale online and arrange to view it in person. On site, you decide you have to have it, but don’t have the cash with you. No problem. The seller gives you their easy-to-use PayID and you transfer the funds on the spot using the NAB Mobile Banking app. Provided they’re with a participating bank, the money arrives into the seller’s bank account within 60 seconds and you’re good to go with your new purchase.