Does OnMarket store my online banking credentials?

When paying for securities OnMarket, members have two payment options – BPAY and Direct Debit.

Your online banking credentials are not required to pay via BPAY.

If eligible and if choosing to make the payment by Direct Debit, those details are saved within your investment profile to enable you to pay using the same direct debit details in future.  You only have to fill out the simple online form once, your bank details will not be shared with anyone, see https://www.onmarket.com.au/help-faq/security/

OnMarket will also store your refund banking details once entered (by you) into your investment profile. These bank account details are required to enable us to process refunds from scale-back or funded cancelled applications.  Please note, OnMarket does not have access to enter or edit these details.

 

Do you have more questions? Feel free to send them in to us