A faster payment is a type of Pay AnyBody payment that will be processed instantly via the Osko service, which operates using the New Payment Platform (NPP). You can make a Faster Payment to a BSB and account number or PayID (such as a mobile number or email address) that will go through almost instantly. Find out more about PayID.
Don’t worry, if you make a payment using the app, we’ll automatically send your payment as a Faster Payment if it’s eligible. If you’re making a payment from online banking, you can still make a Faster Payment to a PayID. You just need to choose the ‘Faster Payment’ option when making your payment.