What is Confirmation of Payee?
Confirmation of Payee is an industry-wide service that adds a layer of protection for payments to a BSB and account number. It checks the account name, BSB and account number you’ve entered against the details held by the recipient’s bank and lets you know whether it’s a match. This can help you make informed decisions before you make a payment, reducing the risk of scams and mistaken payments.
Confirmation of Payee is an initiative of Australian Payments Plus, the same organisation that also provides trusted payment services like BPAY®, Osko®, eftpos®, PayID® and PayTo®.
BPAY and Osko are registered trademarks of BPAY Pty Ltd ABN 69 079 137 518
eftpos is a registered trademark of eftpos ABN 37 136 180 366
PayID and PayTo are registered trademarks of NPP Australia Ltd ABN 68 601 428 737”