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PayDay News | Australian Payments News

CBA launches PaidIt as cheque exit forces payout rethink

PayDay News
26 Aug, 2026
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Staff Reporter
PayDay News
26 Aug, 2026
Add us as a preferred source on Google
Commonwealth Bank has launched PaidIt, combining identity verification and real-time payments to help organisations find recipients and deliver settlements, remediation payments and refunds as cheques disappear.
CBA launches PaidIt as cheque exit forces payout rethink
CBA Executive General Manager, Institutional Transaction Banking, Regis Petit.

Commonwealth Bank has launched PaidIt, combining identity verification and real-time payments to help organisations find recipients and deliver settlements, remediation payments and refunds as cheques disappear.

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