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Difference between PayID and PayTo

This table summarizes the main differences between PayID and PayTo.

DefinitionPayID is an alias that links to a bank account.PayTo is a payment agreement between a payer and a payee.
Use CaseOne time paymentRecurring payment
Payment AddressDynamically / Static GeneratedThrough a payment agreement
Ease of useUsers need to open their mobile or web banking application and make a payment to the generated PayID each time.Users only need to set up the payment agreement once. After that, the merchants can initiate the payment on behalf of the users.
PopularityWidely adoptedRelatively new