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Real-time payments

Real-time payments

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PayID is now available at Unity Bank, the easiest and fastest way to make and receive payments in seconds, via Mobile or Internet Banking.

With PayID, payments can easily be made to and from the account of your choice, without having to remember, find or share your BSB and account number. Nor will you need to ask anyone else for theirs.

PayID payments can be made in real-time via Osko by BPAY®, 24-hours a day, 7 days a week.

You can set up your PayID to be either your mobile number, email address or ABN/ACN number – securely linked to your nominated bank account.

How to register for PayID

  • Log into Internet Banking and ensure your mobile number and email address details are correct;
  • Select Update Details then Manage PayID;
  • Create Pay ID;
  • Link a mobile number and/or email address to your account;
  • Verify your contact details with the verification code sent to your nominated linked PayID.

Note: should you wish to register your ABN/ACN number as your nominated linked PayID, call us on 1300 36 2000 to arrange this for you. 

Not registered for Internet Banking?

If you don’t have Internet Banking, call us on 1300 36 2000 to get you set up. We're here to take your call 8.00 am to 7.00 pm AEST, Monday - Friday.  

Getting paid via PayID

Once you have created your PayID, the next time you want someone to pay money into your account, just simply ask them to pay it to your PayID.

Making payments using PayID and Osko

Osko is a faster way to pay. Whether you’re paying a tradie, splitting a bill with friends or transferring urgent funds to family members, you can now pay without the hassle, in less time.

Introducing PayID

Osko by BPAY

Find out more about PayID Read more about Osko by BPAY

 

  Frequently asked questions

What is the New Payments Platform?

It’s a brand New Payments Platform that will allow Australians to transfer money from one account to another much more quickly, 24 hours a day, 7 days a week.

Who is behind the New Payments Platform?

Thirteen of Australia’s leading financial institutions, including our payments provider Cuscal, the Reserve Bank of Australia and the big four banks, have joined forces as the NPP Australia (NPPA) to fund, build and govern the New Payments Platform.

How secure is the New Payments Platform?

The New Payments Platform is safe and secure as it is certified to the highest data security standards and monitored 24 hours a day, seven days a week. It also has very high security standards and capabilities that must be met by all connecting participants who are required to be regulated Authorised Deposit-taking Institutions.

What is Osko?

Osko by BPAY is a service built on the New Payments Platform. It will allow people to send and receive real-time payments to or from friends, businesses and the government using a BSB and account number or a PayID linked to their bank account. 

What is PayID?

A “PayID” is a smart address for payments. It links someone’s bank account to a recognisable and memorable piece of information used in everyday life – such as their phone number or email address. A PayID can only be linked to one bank account at a time, but accounts can have more than one PayID. A PayID can be a phone number, email address, ABN. 

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