@ashes_mtb I've used it a few times to send $$ to burners and its gone through quickly from what they have said and my wife has been selling some of the kids stuff they have grown out of / don't use and I have had a random turn up at the door wanting change for a $50 note for something she had advertised for $10 or $20. ( RANT FFS if you are buying something on markeplace or scumtree bring the right amount, don't expect the seller to have change).
In those cases I've said you cant take the sutff unless you go and get some change or I'll take payid to my mobile. The funds have shown in my online banking within minutes of them sending the payment and the random has been able to walk away with their bag of goodies.
I think if they are sending it to you it is reasonably safe, if you don't see the money in your account they haven't paid it and you don't hold the bike for them. But happy to be told otherwise if anyone has had a different experience.
I think the scam is more along these lines.
Shoppers are being warned about a new scam circulating on online classifieds like Facebook Marketplace and Gumtree using PayID.
www.sbs.com.au
Scammers are sending fake PayID emails to trick people selling items via online platforms like Marketplace or Gumtree.
www.heritage.com.au
.
A few comments in this reddit thread suggest if they wont accept a mobile number payid and insist on using an email it is a red flag.
https://www.reddit.com/r/AusFinance/comments/yc6hu7