How do I make BankSA OSKO payments by PayID?

BankSA offers Osko payments through PayID, enabling real-time money transfers between Australian banks 24/7, including weekends and public holidays. This service allows you to send and receive funds almost instantly using an easy-to-remember identifier like your mobile number or email address, eliminating the need to provide traditional BSB and account numbers.

How to Make BankSA OSKO Payments via PayID

To initiate an Osko payment using PayID, follow these steps:

1. Log in to your BankSA Mobile Banking App.
2. Navigate to Transfer & pay > PayID.
3. Enter the recipient's registered PayID (mobile number, email address, ABN, or Organisation ID).
4. Input the payment amount and any optional description.
5. Review the payment details and select Submit payment.

Payments to a PayID are processed in near real-time, typically credited to the recipient's account within seconds, even on weekends and public holidays. If your Osko payment is unsuccessful, you may have the option to resubmit it via a standard Payee Transfer, which could take up to 2 business days to process.

Requirements for Using PayID

• Eligible Account: Ensure your BankSA account is eligible for Osko payments. Some accounts, such as credit accounts, may not support this feature.
• Recipient's PayID: The recipient must have registered their PayID with their financial institution before you can make a payment to it.
• Device Compatibility: Access to the BankSA Mobile Banking App or Internet Banking is required to create and manage PayIDs.

Creating a PayID

To create a PayID linked to your BankSA account:

1. Log in to your BankSA Mobile Banking App.
2. Go to Services > Manage my PayID details.
3. Follow the prompts to link your mobile number or email address to your account.

Alternatively, you can create a PayID through Internet Banking by navigating to Transfer, payments & BPAY > Manage my PayID.

Once your PayID is created and activated, you can start receiving payments by sharing your registered PayID with others.

Security and Availability

PayID payments are secure and subject to BankSA’s near real-time fraud screening and detection measures. The service is available 24/7, including weekends and public holidays, ensuring you can make payments at your convenience.

For more information on Osko payments and PayID, visit the official BankSA website or refer to the Mobile Banking FAQs and Transfers and Payments FAQs sections.