with PayID
Bank-fast at the till. And global.
PayID is great — fast, free between banks, instantly familiar to every Aussie. Point of Sol pairs with it: we pay out to your bank via NPP / PayID, and let you accept from anyone with any wallet, anywhere.
npp · payid
instant bank rail
settlement
~seconds
Bank-to-bank, real-time, 24/7.
cost per txn
$0.20–0.50per txn
Bank-set; varies by FI and account type.
coverage
domesticAustralia only
Bank-gated. No on-the-spot global accept.
point of sol
powered by solana
settlement
~400 ms
Final on-chain — and PayID-fast to your bank.
cost per swipe
< $0.001flat
Network fee. No txn fee on top.
coverage
globalany wallet, anywhere
Stablecoins, SOL, any SPL. No bank required for the buyer.
also
payid
point of sol
Buyer needs
payidBank account + supporting bank
posAny Solana wallet
Currency
payidLocal fiat between banks
posStablecoins, SOL, any SPL token
Payout to seller
payidDirect to bank
posSame-day via NPP / PayID
Cross-border
payidNot supported
posSame speed, anywhere
Refunds
payidMistaken-payment process
posMerchant decides — instant if approved
Hours
payid24 / 7
pos24 / 7 / 365
the bottom line
PayID gives Australians an instant rail between banks. Point of Sol gives merchants that same speed at the till — for any customer, anywhere, with same-day PayID payouts on top.