For you as a member, the main benefits are…
Payments made using Osko (NPP payment service) will be in near real-time, with the funds available almost instantly. That means no more waiting 1-2 days for funds to clear.
NPP payments are available 24/7
You can forget your bank details
With the NPP you’ll be able to use your mobile number, email address or ABN as your PayID, which is used to identify your account instead of your bank details. So you won’t need to remember your BSB or account number anymore!
Please click here for more details on the NPP.