Confirmation of Payee checks if the account details you've entered matches the details held by the recipient's bank. This may assist you to make informed decisions before making a payment, reducing the risk of scams and mistaken payments.
Guidance about the difference between recurring payment arrangements set up with a credit or debit card and direct debits set up using a BSB and account number, and how to cancel both of these.
The New Payments Platform is here. PayID and Osko are the first services available that allow payments to be made in real-time using an email address or phone number.