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A faster, simpler way to send and receive money

The New Payments Platform is here

The New Payments Platform (NPP for short) is the faster, simpler way to send and receive money, for participating financial institutions.

Faster because payments are made in real time using a technology called Osko.

Simpler because you can now use a PayID rather than having to remember lengthy BSB and account numbers.

It’ll change the way you pay for everything, from paying a tradie or splitting a bill, to buying goods from Gumtree or sending money to friends.

Set up Pay ID

Feature and Benefits


In most cases funds are available to use in less than 60 seconds after they’re sent.


Use your mobile number or email address to identify your account, rather than a lengthy BSB and account number.


Include up to 280 characters of text to describe your payment – a better way to keep more detailed records.


Automatically see the account name linked to a PayID before you approve a payment – an additional layer of security before paying someone.


Payments are protected by Australian Unity’s fraud screening and transaction monitoring rules, just like your other payments are currently protected.

Read more about the NPP


Pay someone using just their mobile number or email address

A PayID is a smart address for real-time payments. Set a PayID that’s easy to remember – like your mobile phone number or email address. Link it to the bank account of your choice. Then when someone needs to pay you, just give them your PayID instead of your BSB and account number. Simple.

Peace of mind when you pay

You’ll automatically show you the name of the person the PayID is registered to before you press send. So you can be confident knowing your money is going to the right place.

Pay iD

How to create your PayID


Make faster, simpler and smarter payments with Osko

Osko is a new technology developed by BPAY® Pty Ltd that allows payments to be made in real time, rather than waiting days for funds to clear.

Payments look much the same as payments made via traditional Pay Anyone transactions. But instead of BSB and account details, you’ll be able to use a simpler PayID as your identifier.

It’s part of the NPP and it’s already integrated seamlessly into our Internet Banking and our mobile banking app.

Change the way you pay tradies, split bills at dinners and pay friends and family. It’s easier and more secure than ever before.

  • Faster payments across 60 institutions , with more to come

  • Available 24/7

  • Backed by BPAY and trusted by Australian Unity

  • Use your PayID rather than your BSB and account number

  • Describe your payments with up to 280 characters of text

® Registered to BPAY Pty Ltd

ABN 69 079 137 518

Osko logo

How to make an Osko payment

NPP Frequently Asked Questions

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Whether it’s understanding terminology, you’re looking to apply or you have a question about your account we can help you with all your banking questions.

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Call 1300 790 740

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