NatWest launches merchant acquiring solution
NatWest has announced the launch of NatWest Tyl, an approach to merchant acquiring that is designed to make it easier for customers to run their business. Alongside straightforward customer on-boarding, simple pricing and next working day settlement, Tyl will provide smart data-led insights to help customers make informed business decisions.
Customers will have access to a sophisticated card acquiring capability (in-store and online), as well as tools to help them manage and grow their business and give back to their communities.
The Tyl team have worked collaboratively with SME customers to design and deliver this proposition. It is currently live with a small number of NatWest customers and will be available to all merchant acquiring customers later this year.
NatWest Tyl was developed in partnership with Pollinate International, and First Data as payments processer.