Payit from NatWest is the multi-award winning way to send and receive customer payments without the need for bank or card details. Using Open Banking technology, Payit lets banks talk directly to each other, so you can pay and get paid quicker. Plus, your customers don’t need to bank with NatWest to use it.
Payit seamlessly fits into your systems – API, plug-in or NatWest Bankline. Or for smaller businesses who bank with NatWest or Royal Bank of Scotland, you can request or send a payment using Payit from within your banking app.
*Available to mobile customers. Payit uses Faster Payments to clear and settle the payment, so funds will be received immediately but guaranteed within 2 hours. Payit & Reusable Link/QR Code requests can be made by NatWest and Royal Bank of Scotland Business Current Account (excluding Mettle) and business Foundation Account holders only. Limit per individual request applies. Transaction fees apply. Payment requests can be sent to anyone with an eligible account with a participating UK bank and uses online or mobile banking. Specific account and app criteria apply. Paying bank criteria and limits may apply.
^Eligibility criteria and fees apply. You must hold a business current account with the NatWest Group and you will need to sign up to full Payit™ terms and conditions. You will need to allocate technical resources to work with NatWest to integrate the solution. Fees are based on the volume and average value of e-commerce transactions. Speak to a NatWest Relationship Manager for further information.
