Osko

The major outage of online bank transfer system Osko has created havoc for millions of Australian customers, leaving “an incredible amount of people with no ...

At around 11pm, ANZ alerted their customers of the issue and apologised “for the inconvenience. “I’m so f***ing upset how is Osko going to be down. I need to get groceries otherwise I’ll starve.” However, during the outage, those affected said money for the failed payments had been frozen mid-transfer and were unable to be used. The BPAY service normally allows users to near instantly make payments from one account to another, with most major banks like CommBank, ING, NAB, ANZ, and Westpac customers affected. Stream more finance news live & on demand with Flash.

A serious outage has hit transactions running on the New Payments Platform's Osko service on pension day, as the RBA tries clears a backlog.

Hi Mia – We have been made aware of delays with OSKO transactions, and are currently investigating the cause of the issue. An unknown number of customers were affected. [October 12, 2022]

Osko payment systems are on the blink, with customers facing major delays in sending or receiving funds across the nation.

'Is there a reason that my Osko payments have not landed in the account I have transferred to? Despite assurances the technical issue is fixed, some customers are still facing delays in payments Despite assurances the technical issue is fixed, some customers are still facing delays in payments.

Big banks including ANZ, Commonwealth and Westpac copped the fund transfer outage overnight. Westpac said it was aware an issue had been identified by payment ...

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Australia's banks are working to clear a huge backlog of instant payments after an outage in a Reserve Bank of Australia clearing service.

[said](https://twitter.com/PoliceBankAU/status/1580345569913864192?s=20&t=F7KtomYN3Kft3fTQBb7g5w) that the "industry-wide issue" had "delayed or prevented the processing of Osko/PayID/NPP payments made by our members, and customers of other banks." "Impacted external services are now operational, however there has been some delay to overnight processing of payments.” [said](https://twitter.com/ANZ_AU/status/1580353165920067585?s=20&t=8ALe6aOjkSc5M5scajLzaQ) that while new payments made via Osko were processing as normal, payments delayed by the outage "would take longer to clear".

Reserve bank says system is back up and running on Thursday, and they are working to clear the backlog.

“Impacted external services are now operational however there has been some delay to overnight processing of payments.” “The issue has now been contained,” the RBA said. It is used by more than 85 banks across Australia.

A Reserve Bank outage overnight affected Osko, which has had flow-on effects to commercial banking transactions.

Payments services potentially affected by the disruption include Bpay as well as Osko. [Rachel Clun](/by/rachel-clun-hvf36)is an economics correspondent for The Sydney Morning Herald and The Age, based at Parliament House in Canberra.Connect via If customers receive a failed message, they should retry the payment,” Westpac tweeted. Customers should not attempt to redo a payment if it is still pending. “We apologise for these delays and want to assure you we are doing all we can to process the payments,” the bank said. Some banks said it could take most of Thursday to clear the backlog of payments, and some payroll transactions would have likely been affected.