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Can my business opt out of receiving PayID and Osko payments?

There is no option to opt out of receiving fast Osko Payments for most accounts. This means, if you've shared your account details with any clients or suppliers, now that your eligible bank accounts are NPP enabled, you will start to see the Osko and SCT transaction types in your transaction listing online or in the bank account statements you receive.

 

Find out more about the Business New Payments Platform, Osko and PayID