Meet Osko®

Soon, you’ll be able to pay and get paid faster than ever before, without the hassle of cash. It’s Osko by BPAY™. We’re working hard with over 55 Financial Institutions to get it to you in early 2018. Then rolling out to more and more Australians after that.


Osko is fast, it’s 24/7, even on weekends. Between friends, between businesses and between financial institutions. Goodbye waiting. Hello convenience.


Our partner banks, credit unions and building societies are building Osko into their internet banking and mobile banking apps. You don’t have to do a thing to use Osko, so just stay tuned.


Osko is brought to you by your bank and will be available in your internet banking or mobile banking app, and it’s backed by BPAY, so you know it’s safe.


With Osko and a PayID it’s simple. When it comes to remembering bank account details, like your BSB and account number, most people simply can’t. Your PayID can be something you already know, that’s easy to remember — like your mobile phone number or even your email address. Want to know more? Go to


You’ll be able to include up to 280 characters including emoji’s in your description. Each time you pay with Osko, you’ll see your description almost immediately in your online transaction record, marked with Osko, and the person you’re paying will see the message just as quick

Sending money to friends and family

Maybe it’s a fashion emergency. Maybe it’s a real emergency. Whatever the reason, Osko gives you the security of knowing you can send money to loved ones – fast – without any of the usual hassle.

Splitting bills after a night out

You had the $10 parmy. Your friend had the lobster. The restaurant ‘doesn’t do’ split bills. Awkward. With Osko, you can pay your half of the bill instantly. No more chasing for money, or being chased.

Small businesses get paid faster

If you’re a tradie, a lot of your business is emergencies – leaking pipes, leaking cars, leaking ants (don’t even ask). People don’t keep much cash on hand these days, but with Osko you can get paid faster as a business.

So, get used to saying the name. Osko Payments is just the beginning. We’ve already built Osko Requests which will be coming next!


Everybody’s favourite part of a website. The questions you weren’t sure about asking or didn’t even know to ask… all here, for your reading pleasure.

How will Osko work with my bank?

Over 55 financial institutions will be offering Osko over the coming months, including the Big 4 banks. You don’t have to do anything in the meantime – just stay tuned to find out when Osko will be available to you.

What types of PayID can I use?

PayID makes payments simpler by using an easy to remember identifier, like a phone number, email address, or ABN (Australian Business Number). The PayID types available to you depends on who you bank with. If a financial institution does not support all PayID types, customers can still make and receive payments using a BSB and account number.

Are faster payments safe?

The New Payments Platform uses world leading technology certified to the highest data security standards and monitored 24 hours a day, seven days a week. All payments made on the platform are also subject to participating financial institutions’ own real-time fraud screening and detection capabilities. As always, consumers should remain alert to the possibility of cons and scams particularly if they receive unexpected requests via social media, emails or SMS for urgent payments or account information.