[bisq-network/bisq] Add new payment method: Australian PayID (#4078)

Ape Mithrandir notifications at github.com
Sat Mar 26 10:47:24 CET 2022


I would like to suggest that the PayID maxTradePeriod be increased from 86400000 ms to 172800000 ms (48 hours). This is because around 25% of the time banks like to put a 24 hour hold on PayID payments to new recipients. Having the PayID maxTradePeriod at exactly 24 hrs leads to more mediations under this circumstance.

If the bank puts no hold on the payment then the payment is received within 1 minute, if the bank puts a hold on it the payment will be received within 24 hours of it being made. When the bank puts a hold in place one should expect the trading period to be around 36 hours on average (assuming it takes half a day for the trader to notice they have traded and initiate the payment).

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