I DON’T very often carry cash anymore and it can be a real inconvenience when I need it. Technology is now making quick cash tranfers really easy. The New Payments Platform (NPP) has been developed by Australia’s banks and credit unions as a way to transfer money as quickly as handing over cash. Using the NPP, Osko is a new way to pay with your GMCU Internet Banking that will be as fast as cash – without the hassle of cash.
GMCU compliance manager, Brett Elgar said, “Whether you are paying a tradie, splitting a bill or giving money to family for something urgent – the money will be there in minutes. GMCU members will be able to transfer funds from their account via Osko to accounts at other participating financial institutions quickly, easily and safely.
“Osko payments are sent from your Internet Banking using a PayID (such as a mobile phone number, email address or ABN) or by using BSB and Account number information. When you use PayID, you will receive confirmation before the funds are sent that you are sending to the correct person, and the funds should be received in real time – no more waiting 24-48 hours!”
GMCU members can register their own PayID alias for their GMCU account. This means they can receive money to their mobile phone number, email address or ABN rather than remembering a BSB and Account number.
For more information, visit osko.com.au. If you want to find out more about banking with GMCU in Shepparton, contact 5821 9033, or visit a branch in Benalla, Echuca, Euroa, Kilmore, Kyabram, Numurkah, Mooroopna or Seymour.