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PayID / Osko on Binance

Our rating
4.2
Offered in
1 country
Type
Domestic bank rail
Rail reviewed
2026-08-18
Review updated
2026-08-12

Yes. Binance takes PayID / Osko in Australia. Australian Payments Plus says Osko payments arrive in under a minute, 24 hours a day including weekends and public holidays, although a payment can be held for security checks. By reach it is 25th of the 38 rails on our record for Binance; Credit or debit card is offered in more countries.

What PayID / Osko is

PayID and Osko are the two consumer facing parts of Australia's New Payments Platform, the national real time bank rail operated by Australian Payments Plus. Osko is the service that actually moves money between banks, while PayID is the addressing layer that lets you send to a mobile number, email address, ABN or organisation identifier instead of a BSB and account number. More than 100 banks, credit unions and fintechs support them, and Australian exchanges use them for AUD deposits and withdrawals.

Speed
Australian Payments Plus says Osko payments arrive in under a minute, 24 hours a day including weekends and public holidays, although a payment can be held for security checks.
Cost of the rail
Pricing is set by your own bank rather than by the scheme, and Australian banks generally do not charge personal customers for an Osko or PayID payment.
Limits
Daily and per payment caps come from your own bank, not from the platform, so raise them in your banking app before a large deposit.

Every exchange that takes PayID / Osko

Where Binance offers PayID / Osko

Each country opens the Binance page for that market, with its rank there and every rail it takes. The number is Binance's rank in that country's guide.

Oceania (1)

What PayID / Osko costs on Binance

SEPA and many local bank transfer methods are free or low cost; card deposits carry a processing fee.

Other ways to pay on Binance

37 other rails at least one country we rank Binance in uses, widest reach first.

Frequently asked questions

Does Binance accept PayID / Osko?

Yes, in Australia. By reach it is 25th of the 38 rails on our record for Binance; Credit or debit card is offered in more countries. Support is decided market by market, so the country pages linked here are the exact list.

In which countries can I use PayID / Osko on Binance?

Australia, from our country guides reviewed between 2026-08-23 and 2026-08-23.

How long does a PayID / Osko deposit take on Binance?

Australian Payments Plus says Osko payments arrive in under a minute, 24 hours a day including weekends and public holidays, although a payment can be held for security checks. That describes the rail itself; Binance may hold a first deposit for longer while it verifies your account.

What does PayID / Osko cost on Binance?

Pricing is set by your own bank rather than by the scheme, and Australian banks generally do not charge personal customers for an Osko or PayID payment. On Binance's side: SEPA and many local bank transfer methods are free or low cost; card deposits carry a processing fee.

Are there limits on PayID / Osko deposits?

Daily and per payment caps come from your own bank, not from the platform, so raise them in your banking app before a large deposit. Any limit Binance applies on top is set per account tier and shown inside the platform.

Sources