What is PayID?
It's a unique piece of information such as your mobile number or email address, that you can securely link to your bank account to receive payments.
To receive money, register either your mobile number or email address as your PayID. Your friends can use this to pay you or to send money, simply select PayID as the transfer type when you’re transferring.
To get started
1. Open your MyState Bank app or log in to Internet Banking.
2. Go to PayID in the manage menu and follow the prompts.
3. There isn't a third step - it's that easy.
And because you’ve chosen to bank with us, your payments will land in your account in less than 60 seconds!*
Instant Money Transfers
Make and receive payments in seconds, 24/7 (across different banks).
You can make and receive payments using a mobile number or email address.
Confirm who you are sending money to, and describe what it’s for with up to 280 characters.
More everyday benefits
Plus deposits up to $250,000 per customer are guaranteed by the Australian Government.
Bank on the go
With MyState Bank, you don’t actually need a branch. Bank anywhere, anytime with our mobile banking app. Need to withdraw cash? You can use almost any ATM in Australia fee free.
Super fast transfers
Send and receive money in less than 60 seconds. Add a mobile number or email address as a PayID and you won’t even need to remember a BSB and Account number. Now that’s fast!
More payment options
No matter how you like to pay, we’ve got you covered. Cash, card, internet, phone or even watch. With Apple, Google and Samsung Pay, you can lighten the load and leave your cards at home.
Local help just a call away
Need some help setting up your account or have a question about our other products and services? Our local Customer Care team are here to help you. Give them a call on 138 001.
Frequently Asked Questions
What are real time payments
The introduction of the New Payments Platform (NPP) in Australia means that you are now able to send and receive money in real time. So instead of waiting days for your money to arrive, transfers will soon take just seconds.
What are real time payments
You don’t need to do anything to register for the NPP or Osko. It's built right into your existing MyState mobile and internet banking platform, enabling your external transfers to be sent and received in under 60 seconds. However, if you want to receive money easily via your mobile number, email address or ABN, you'll need to register for a PayID.
Making and receiving payments
Real time payments are built in to your existing MyState mobile and internet banking platforms. You can either continue to use a BSB and account number to pay or be paid money, or use a 'PayID' in the form of a mobile number, email or ABN.
*Payments are typically received in under a minute when made between participating financial institutions.
Osko by BPAY™ is managed by BPAY Pty Ltd ABN 69 079 137 518 and offered through MyState Bank Limited (MyState) ABN 89 067 729 195 AFSL 240896.
PayID is only available for use with the New Payments Platform through participating institutions.