• 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