Overview
Tyl by NatWest is the merchant acquiring offering of National Westminster Bank plc, part of the NatWest group, for businesses in the United Kingdom. It takes card payments on a website, in store through POS terminals, and remotely through payment links, which suits cases such as a booking deposit taken in advance and settled on site.
Services - online card acceptance for web stores and sites; - terminals for in-store payments; - payment links for customers who pay by phone, in a messenger or against an invoice.
Hospitality and hotels are named among the target verticals.
Pricing Terminal rental starts at £13.99 per month plus VAT. Transaction fees and the conditions under which that price applies are set separately.
Banking context NatWest also provides business current accounts with digital payments and branches. Its Bankline service combines accounts in one interface with different user permissions, and transfers run over Faster Payments and CHAPS. The legal entity is National Westminster Bank plc, with its address at 250 Bishopsgate, London.
Coverage The service operates only in the United Kingdom.
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