Payit™

NatWest Payit is proud to team-up with Wetherspoon to bring the speed, security and convenience of Payit to its pubs around the UK. 🇬🇧 Adding Payit as a payment option on the Wetherspoon app means ‘Spoons customers can order from their table without having to enter debit or credit card details. The money is transferred directly from their account with no additional charges incurred. We’ll drink to that.🎉 Terms and conditions apply. Find out more at https://lnkd.in/eHaNjiyT

NatWest Payit is proud to announce we’ll be teaming up this summer with Wetherspoon to bring the speed, security and convenience of Payit to the Wetherspoon app. 🇬🇧 We’ll drink to that.🎉 Terms and conditions apply.

Our latest research: UK businesses could save 150 hours yearly on operational tasks by using open banking 🕰

We are excited to share that NatWest Bank has been confirmed as the first UK Bank to become a supplier on the Crown Commercial Service’s (CCS) new Dynamic Purchasing System (DPS) for Open Banking. ⭐ Mike Elliff, CEO of Payit by NatWest, commented: "NatWest is delighted to be the first UK bank appointed to the DPS. Open banking is a key part of the UK financial ecosystem, and seeing it integrated into the public sector is encouraging." Read the full story here:

Our research shows how open banking is helping to tackle payment processing costs, reducing operational time spent on finance tasks, and can help improve customer experience. It's an exciting time to be working in #OpenBanking #Payments

UK businesses could save 150 hours yearly on operational tasks by using open banking, latest Payit™ survey reveals. 📝 The results show how open banking is helping to tackle payment processing costs, reducing operational time spent on finance tasks, and can help improve customer experience. 🤝 Read more about our findings:

Our customer service opening hours over the festive period 🎄

James Hodgson, Chief Product Officer of Payit™ and Tyl by NatWest discusses the benefits and functionality of VRPs (Variable Recurring Payments) and how they compare to direct debits. 💥 So why are VRPs such a hot topic? As a new way to pay, VRPs have the potential to herald in a new era of consumer and business banking – offering not just greater choice, but greater control and flexibility over recurring payments. 📈 Read the full article below:

Over a quarter (27%) of British small and medium-sized businesses have admitted to being owed between £5,000 and £20,000 in unpaid invoices according to research by Payit™. Mike Elliff, CEO of Payit™ and Tyl by NatWest, shares with us how "small businesses pave the way for growth and innovation; however, two of their most precious resources – time and money – are being wasted. As a business, knowing that you can rely on payments being received in near-real time can make a world of difference." 📈 Read the full article here:

James Hodgson, Chief Product Officer of Payit™ and Tyl by NatWest, shares with us how businesses can avoid fraudulent transactions during peak holiday season. Open banking solutions are a simple and secure way to help consumers make purchases, as they don't require customers to type in their bank details, creating a more secure online payment journey. Read the full article below 📣