PayID / Osko on Kraken
- Our rating
- 4.7
- Offered in
- 1 country
- Type
- Domestic bank rail
- Rail reviewed
- 2026-08-18
- Review updated
- 2026-08-23
Yes. Kraken 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 ninth of the 14 rails on our record for Kraken; 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.
Where Kraken offers PayID / Osko
Each country opens the Kraken page for that market, with its rank there and every rail it takes. The number is Kraken's rank in that country's guide.
Oceania (1)
AustraliaWhat PayID / Osko costs on Kraken
ACH and SEPA deposits are free or low cost; card and digital wallet deposits carry processing fees.
Other ways to pay on Kraken
13 other rails at least one country we rank Kraken in uses, widest reach first.
Frequently asked questions
Does Kraken accept PayID / Osko?
Yes, in Australia. By reach it is ninth of the 14 rails on our record for Kraken; 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 Kraken?
Australia, from our country guides reviewed between 2026-08-23 and 2026-08-23.
How long does a PayID / Osko deposit take on Kraken?
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; Kraken may hold a first deposit for longer while it verifies your account.
What does PayID / Osko cost on Kraken?
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 Kraken's side: ACH and SEPA deposits are free or low cost; card and digital wallet deposits carry processing fees.
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 Kraken applies on top is set per account tier and shown inside the platform.