Coming soon! A new way to pay and get paid.
Regional Australia Bank Internet Banking and Mobile Banking app users will soon have a way to pay that's as fast a cash without the hassle of needing cash. It's called Osko® by BPAY and you'll be able to make and receive payments faster than ever before, 24/7 via Internet Banking or the Mobile Banking App.
Whether you're paying a tradie, splitting a bill or transferring money to a friend or relative, thanks to Osko®, the money will be there in minutes, if not seconds. Current payment transfers can take up to three business days to clear. Osko® will change this by processing payments in near real-time, even over weekends and public holidays.
The benefits of Osko®
- Faster: It will allow you to make payments much faster than before.
- Always available: 24/7 availability. Transfer money any time of day or night.
- Greater information: You'll be able to send much more information with each payment, rather than be constrained to the current limit of 55 characters.
- Simpler. You can use an email addresses, mobile phone numbers or other common information to make a payment to individuals or business, rather than BSBs and account numbers.
- Security.Its backed by BPAY and us, so its very secure.
What do you need to do to be Osko® ready?
Regional Australia Bank is excited to be part of this revolutionary change in banking. To be ready to use Osko® you'll need to: