Get ready for the new way to pay 😃💸😍

Coming early 2018, secure and easy real-time money transfers 24/7 without needing to remember a BSB and account number.

Introducing PayID & Osko by BPAY

Greater Bank has invested in the latest technology to make it easier to send and receive money.  PayID & Osko® by BPAY® will make ‘real-time’ payments between bank accounts with different financial institutions a reality, around the clock, wherever you are.

At Greater Bank, we’ve always made it possible for our customers to transfer funds between Greater Bank accounts instantly, but PayID & Osko by BPAY will allow real time payments between financial institutions 24 hours a day, seven days a week. So, instead of transferring money to a friend with an account at another bank and having to wait a couple of days for the money to arrive in their account, PayID &Osko by BPAY will make the transfer possible within seconds. 

Key features:

Make real-time payments to all participating banks 

> Make payments to mobile numbers, email addresses and ABNs - pay your friends instantly when splitting bills without remembering a BSB and account number

> Send payment descriptions of up to 280 characters, including emojis ☺️

> Create your own unique ID (PayID) and link your mobile, email or ABN to your Greater Bank account

What will PayID & Osko by BPAY bring?

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Speed – pay anyone in real-time with funds available instantly
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24/7 availability – no more being dependent on banking hours. Payments can be made and received around the clock.
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Simple payments – payments made easy, using mobile numbers, email addresses or ABN instead of BSB and Account Number
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More data – send more info with your payment, so your payee knows exactly what the money is for

 

How will it all work?

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Create your PayID

First, within online banking, you’ll associate your bank account with an identifier known as a PayID. This can be things like a mobile number, email address or ABN/ACN

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Use PayID

Instead of needing someone’s full banking details to make a payment, you’ll only need this unique identifier, or PayID. Alternatively, if you have their BSB and Account number already saved, you can use that too.

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Pay using Osko® by BPAY®

Within online banking, you’ll be able to elect to send a real-time payment using OSKO®. Just enter the BSB & Account Number or PayID, the amount, and that’s it. Too easy.

Be ready!

Update your details with Greater Bank today.

Update your email address through Internet or Mobile Banking. 

Or, you can update all your details by calling 1300 651 400 or visiting your local branch.

Your questions answered

How will OSKO by BPAY help me?

  • Pay ID and OSKO by BPAY makes payments fast, simple and secure
  • Payments are more convenient, as you'll be able to use easy to remember details (like mobile, email address or ABN) instead of a BSB and lengthy account number
  • You'll be able to keep and transfer your existing PayID details if you change banks

What is a PayID?

A PayID is a unique identifier that you associate with a bank account - you can use a mobile number, email address or an ABN. Associating an easy-to-remember PayID to your account will make it easy for you to send and receive payments quickly and securely.

When will OSKO by BPAY be available?

OSKO by BPAY will be available in early 2018 - follow us on Facebook for further updates over the coming months.

In the meantime, you're able to update the details associated with your accounts now, making sure we have your current email address and/or mobile number on file for when OSKO by BPAY launches. This way, you'll be able to select the correct unique identifier as a PayID straight away.

Can I still use a BSB and Account number to pay after OSKO by BPAY launches?

Of course - after OSKO by BPAY launches, you'll still have the option to send and receive payments using a BSB and account number.

New to Greater Bank?

You can open an everyday account with a Visa Debit card in minutes.

Download our Greater Bank app to take full advantage of faster payments in 2018.