Once PayID becomes available, your bank, credit union or building society will contact you letting you know that you are able to create a PayID in your usual online or mobile banking. Remember that banks, building societies and credit unions will never ask you to provide personal information via emails or text messages, so be wary of any requests that seem to be doing this. You should only provide the information required to create a PayID within your usual online or mobile banking. From here your PayID information will be stored in a secure, encrypted data repository. For more information on what you can do to keep your personal data and money safe, ask your banking provider.