It became accessible to the general public on 13 February 2018 [2] with the introduction of PayID, an addressing capability, and Osko,[3] the first NPP overlay service, operated by BPAY.
[6] In December 2014, the Program proceeded to the third phase: "design, build and test."
In 2021, BPAY attributed a change in NPPA strategy (particularly the announcement of MPS, the Mandated Payment Service), as the cause of write-down in the value of their Osko business.
[14] PayID has been noted in Australia as a vehicle for online scammers on social media marketplaces.
[15][16][17] Banks that accept PayID include Commonwealth Bank (up to $10,000 for personal accounts, two-factor authentication, ability to block/unblock PayID), Westpac (limit of AUD 250 per transaction or $1,000 daily, Westpac Protect Security Code, Osko services from BPAY), ING Bank (default limit of $20,000, two-factor authentication, ability to manage PayID through the ING app), ANZ Bank ($1,000 to $25,000 limit depending on account type, ANZ Shield, payment details with 280 characters of description), and NAB (default limit of $20,000, SMS security codes, PayID management through online banking).