What is Osko®?

Osko is a payment service available on the New Payments Platform (NPP) and it is backed by BPAY®. It enables near real-time payments between eligible bank accounts at participating financial institutions, 24/7 – even on weekends and public holidays. Unity Bank automatically accepts all Osko payments from participating financial institutions.

You will see the transaction appear as Osko or the Osko logo (shown below) when you receive or make an Osko payment. The option to pay via Osko is available on our Internet Banking and Banking App.

Osko payments to another financial institutions bank account will automatically be processed if:

  • The amount is up to $1,000 per account per day. This limit is set to protect our Members money from fraud.
  • Your payee’s bank account accepts Osko payments. (Some financial institutions may still not accept Osko payments).

You can still make payments above $1,000 but it will be processed through the standard payment process using the BSB and Account Number which can take between 1 –2 business days to process before it is appears in the recipient’s bank account.


Find out more about Osko

Visit auspayplus.com.au/brands/osko


Member Disclosure Documents

What is PayID?

PayID is a convenient and secure feature of the New Payment Platform allowing you to transfer or receive money without having to use your bank account details. It uses a memorable piece of information that you link to an eligible bank account.

You can set up your PayID to be your mobile number, email address or ABN/ACN number. Should you wish to register your ABN/ACN number as your nominated linked PayID, please call us on 1300 36 2000 and we can arrange this for you.


Why use PayID?

  • Fast: Near real-time payments across participating banks
  • Easy: Easier to remember than using your BSB and account number
  • Mobile: Available on our Banking App
  • Secure: You don’t have to share your BSB and account number anymore, so you can keep them private.


To use the convenience of PayID, you must first register.

  1. Log into Internet Banking
  2. Select ‘Update Details’ then ‘Manage PayID’
  3. Select 'Create Pay ID' then link a mobile number and/or email address to your account. Please ensure your mobile number and email address details are correct
  4. Verify your contact details with the verification code sent to your nominated linked PayID
  5. Once linked, you can simply provide your PayID for payments instead of handing out your BSB and account number.


Find out more about PayID

Visit payid.com.au


Member Disclosure Documents

What is PayTo?

We are excited to announce that we are now offering PayTo as a secure and fast way to pay directly from your bank account. It’s a new option that allows payment without a card.

PayTo is a new digital payment service that enables you to pre-authorise one off or recurring real-time payments from an eligible bank account to merchant, business or institution. It’s a modern alternative to the current direct debit system.

This new system gives you visibility and control over your banking. You can see all your PayTo Agreements with Unity Bank in one secure place. You can also pause, resume or cancel a PayTo Agreement through your internet banking.

PayTo arrangements are an agreement between you and an authorised third party like a merchant, business or service provider. That third party creates the PayTo agreement in a safe and secure way. You then need to approve this payment via your internet banking before this real-time payment is processed.

What are the benefits of using PayTo?

  • Use PayTo for your bills, holidays, gym membership, media subscriptions and much more.
  • Manage PayTo agreements easily within the security of your existing Internet Banking.
  • See all the PayTo agreements you’ve set-up from your bank account together in the one spot, including status, date, amount and who the payment is for.
  • See when your payments are due, so you have enough funds in your bank account to avoid late payment fees or charges.


How does a PayTo agreement work?

  1. The merchant, business or service provider will set up the PayTo agreement and provide their payment terms
  2. You select the PayTo option (where available)
  3. You provide your PayID or BSB/account number (your 9 digit account number)
  4. You authorise the agreement in your internet banking
  5. The merchant can get paid instantly (in line, of course, with the terms of your agreement)

For example – you join a gym; they ask for your account details, and you give them your BSB and account number (your 9 digit account number) or your PayID. The gym creates a PayTo agreement and the details appear in your internet banking for you to review and approve. You can also see that agreement and all its details with the options to pause, cancel or resume it at your discretion. This can all happen in person, at a digital checkout, or on the phone.

Please note, any signatories on your account will also receive notifications of any PayTo Agreement approvals and changes.


Who can I pay with PayTo?

You can use PayTo to make payments with any participating merchant, business or service provider. So that’s everything from subscription services and utilities providers, to food deliveries, groceries, and more.

Here’s the logo to look out for:


Frequently Asked Questions

For more related frequently asked questions, visit our FAQs page.


Find out more about PayTo

Visit payto.com.au

PayTo is an initiative from NPP Australia. The NPP is fast payments infrastructure built by the Australian financial services sector.

© 2021 NPP Australia Limited. ABN 68 601 428 737. All rights reserved. PayTo is a registered trademark of NPP Australia Limited.

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