• psud
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    1 year ago

    Me and my mate have sent money to each other for kitty balancing on fishing trips, this year (about an hour ago) he sent me his share (high hundreds) and it was instant

    We don’t use phone number since we have had each other’s bank details for ages

    • ASeriesOfPoorChoices@lemmy.world
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      1 year ago

      Osko/FAST: are fast BSB/Acct# transfers.

      PayID: is an easy way to reference a BSB/Acct#.

      Together, they are fast and easy, but they are not the same thing and are not required for one to be used to use the other.

      Also, “high hundreds” is less than $1000 :-P