As someone who’s been playing online casinos from Australia for years — and funding my play with everything from bank transfers to Bitcoin — I’ve noticed a clear shift in how players talk about payments. In 2026, PayTo by Bank is one of those terms that keeps popping up in searches, forums, and banking apps. It’s not hype. It’s a real change in how Australian payments work, and it matters if you gamble online or move money into crypto regularly this AU guide.
PayTo is essentially the next step after PayID. Instead of pushing a one-off transfer, you pre-authorise a business to pull funds directly from your bank account, with clear controls on amount and frequency. The system is built on Australia’s New Payments Platform, overseen by institutions like the Reserve Bank of Australia, which is why banks are backing it hard.