The information on this website is general in nature and does not take into account your objectives, financial situation or needs. Before using the Paid Transaction Account, it is important that you read the Product Disclosure Statement (PDS) and Financial Services Guide (FSG), both available at www.paid.inc. The Paid Transaction Account is a Non-Cash Payment facility — it is not a bank account, savings account, term deposit or investment product.
Paid Dot Pty Ltd (ABN 14 642 944 278) holds Australian Financial Services Licence No. 700215 and is regulated by the Australian Securities and Investments Commission (ASIC). Paid is a registered reporting entity under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) and is supervised by AUSTRAC.
Funds held in the Paid Transaction Account are held as client money with an Authorised Deposit-Taking Institution (ADI) (including Macquarie, Judo, AMP, and BOQ) in accordance with Part 7.8 of the Corporations Act 2001 (Cth), segregated from Paid's own money. The Paid Transaction Account is not covered by the Australian Government's Financial Claims Scheme (FCS).
Paid is a member of the Australian Financial Complaints Authority (AFCA), Member No. 120784. If you have a complaint that we cannot resolve, you can contact AFCA at www.afca.org.au or 1800 931 678, free of charge.