A flawed product
Osko is a service recently introduced by banks for paying bills and transfering money.
It is promoted as being quicker than direct deposit using BSB and Account number.
One time I used it to pay someone. Completed the transaction and signed out of my online bank account. I don't check my statement all that often, but was surprised when a month later the other party said "You haven't paid". I found out that the transfer had been rejected as the other bank was not a party to Osko. So it's not quicker. You have to check later to make sure ...
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