Thursday, 04 January 2018 11:59
An exciting New Payments Platform (NPP) is coming soon to Hunter United. This industry-wide initiative is going to provide a new, faster way for Australian consumers, businesses and government to send and receive money. This means for the first time ever, in Australia, Hunter United customers will be able to make real-time payments - with funds available almost instantly!
Not on Internet Banking with us? You will need to register before you can benefit from instant payments with Osko®.
Importantly, please ensure we have your up-to-date mobile number and email address, prior to launch in 2018.
When PayID launches in 2018, we will invite our Internet Banking customers to register their PayID preferences - email, mobile or ABN.
When Osko® launches in 2018, you’ll enjoy the convenience of instant payments in and out of your Hunter United account.
The NPP uses world leading technology certified to the highest data security standards and monitored 24 hours a day, seven days a week. As always, we encourage our customers to remain alert to the possibility of scams and to contact us immediately if concerns arise. Our Osko payments will be subject to a real-time fraud screening process.
The platform is on track to be available to a small number of financial institutions by the end of 2017. At this stage, we plan to launch early 2018 and will provide online updates to keep customers informed.
Osko by BPAYTM is a digital service that you will be able to access and use through our Internet Banking facility.
This new addressing service (PayID) is safe and secure and certified to the highest data security capabilities.
Payee-validation functionality will allow you to see the name of the person or business you’re intending to send money to, so you know your payments are going where they should.
Only the authorised user of the mobile device can register it as a PayID, as it will require authentication in the form of a code sent to the phone number. Emails will also be sent to validate email PayID registrations.
There are processes/procedures in place to deal with “Mistaken Payments”. If you have made a mistaken payment you need to call Hunter United immediately so we can take steps to recover the funds for you.