Fast, simple and secure payments
TCU uses Australia’s fast payments system to help you send and receive money in real time. Whether you’re paying a bill, splitting costs or setting up regular payments, you can do it quickly and securely using PayID, Osko and PayTo.
PayID® – easy payments without BSB and account numbers
PayID lets you send and receive money using something easy to remember, like a mobile number or email address, instead of a BSB and account number.
With PayID you can:
- Send money in seconds
- Avoid entering long account details
- Receive payments easily by sharing your PayID
PayID – FAQs – Australian Payments Plus
Osko® – fast payments from your account
Osko payments are made directly from your account using a BSB and account number but processed in near real time.
With Osko you can:
- Send money 24/7
- Receive funds quickly
- Include more information with your payment
PayTo® – smarter pre-authorised payments
PayTo allows you to set up and manage secure payment agreements directly from your account.
With PayTo you can:
- Authorise payments in your banking app
- View and manage agreements
- Control recurring or scheduled payments
PayTo – FAQs – Australian Payments Plus
Confirmation of Payee
Helping you pay the right person
When you make a payment, Confirmation of Payee may check the account details you’ve entered against the name held by the receiving bank.
This helps you:
- Confirm you’re paying the intended person or business
- Avoid scams and mistaken payments
- Make more informed decisions before sending money
PayID is a registered trademark of NPP Australia Ltd ABN 68 601 428 737.
Osko is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.
PayTo is a registered trademark of NPP Australia Ltd ABN 68 601 428 737.