Faster payments through Osko

As a P&N Bank member you can send and receive faster, simpler and smarter payments through Internet Banking or the Mobile App.

As long as you're sending funds to a participating bank, Osko will ensure your money reaches its destination in near real time. If you're sending funds to a bank not using the New Payments Platform (NPP), your payment will be sent via direct entry channels, which may take up to three working days.

There are no additional costs to members for using Osko and the New Payments Platform. It's a safe and secure way to send funds, and all payments made using this service will be monitored by the same high levels of security that our existing transactions are.

What is Osko?

Osko by BPAY is a fast, simple way to pay or get paid more conveniently. It enables you to pay in real-time with funds available almost immediately, regardless of financial institution and time of day or week. It will also enable you to send a 280-character description with your payment, making it easier for both parties to know what the money is for.

What is a PayID?

A PayID is your mobile phone number or email address registered to your bank account so it can be used to receive funds. When a family member, friend or colleague needs to pay you, instead of giving them your bank account number and BSB, simply ask them to send it your PayID e.g. your mobile phone number.

The days of having to exchange your BSB and account numbers are gone, and you can now share your PayID instead. However, if you don't want to use a Pay ID, you can continue to use your account details to receive funds as you have previously.

Setting up your PayID with P&N is easy, and once you've done it, your friends and family can use your mobile phone number or email address to send you funds almost instantly.

You can set up more than one PayID if you wish, just link your mobile number to one account and your email address to another. 

Register your PayID

Before you register your PayID, make sure that your mobile number or email address is registered to your P&N account.

Need help setting up your PayID? Our friendly staff in the Contact Centre or at your nearest branch can also help get you started.

Start using your PayID straight away for faster, easier payments.

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