Osko by BPAY, is the latest payments innovation from the BPAY Group and it will transform the way we pay each other.

Osko by BPAY is an innovative payment service, and because it is built on the New Payments Platform, it allows all Australians to make and receive faster, 24/7 payments. Rather than waiting hours or days for a payment from someone who owes you money, and who happens to use a different bank, money can now be moved in near real-time with funds available almost immediately. The service could be used when paying at a group dinner, socialising, or even paying a plumber on the spot. Osko by BPAY enables payments to one another more conveniently than ever before.

Capricornian members are now able to use Osko when making payments.  The NPP has sped up and simplified how we all transfer money to one another. You can read more about the NPP here.

How to make an Osko payment

To make an Osko payment, when on the External Transfer Screen in online banking, mobile banking or on The Cap App, select Osko under the Transfer Type section. This will mean the payment will occur in real-time, normally within seconds.