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Payit™

A new NatWest payment innovation

What is Payit™?

 PayitTM is a multi-award winning payment solution, here to help businesses and customers benefit from the next generation of payments. Using Open Banking technology, Payit offers a new way to collect and send payments online and in person, removing the need for sharing and storing card details.

 

What’s more, it’s available to over 90% of UK current account holders* – they don’t need to bank with NatWest to use it.

 

*91.1% of UK current account market share (IPSOS Mori, 2021). Online banking required.

Best Open Banking Initiative

Financial Innovation Awards 2019

Best Open Banking Strategy

Retail Banker International 2020

Innovation Frontier Award

Celent Model Bank 2020

Best Third Party Provider

Open Banking Expo Awards 2021

Payit™ for businesses

Collecting payments

Payit allows you to collect money from your customers, online or in-person, without needing to know or store their card details.

It’s an alternative to current payment methods, and helps your customers make quick and easy payments to you.

Sending payments or refunds

Payit allows you to send money directly to your customers’ bank accounts, without needing to know or store their account details.

It helps you reduce cheque issuance and bank transfers, and allows the instant settlement of funds.

Fast

Settle payments in near real time, improving your cash flow.

Fair

An end-to-end solution, simplifying your supply chain and saving costs.

Simple

Quick and secure payment journey; customers don’t need to type in card details or register to use Payit.

Safe

No need to store customer account data.

What happens next?

Engage and explore

Fill in our enquiry form and one of our team will be in touch

Connect and build

Access to the Payit sandbox and engage with your internal teams

Test and prove

Test the Payit connection and prove the end-to-end proposition

Go live

Connect to the Payit production environment, test and go live. It’s as easy as that!

Some of the customers we are live with

The Captain Tom Foundation

Payit™ helped The Captain Tom Foundation transform the way it collected donations by facilitating more than 700 generous donations to date. Payit took just 48 hours to build and implement a hosted page.

FreeAgent

Payit™ proudly partners with FreeAgent to offer a new way for customers to pay supplier bills.  By integrating directly into FreeAgent’s platform it allows customers to make secure and seamless bill payments.

Northern

Northern offers customers fast refunds and a seamless digital journey with Payit™. With a high Net Promoter Score of 73%, Payit has delivered on Northern’s mission: to put customers at the heart of their business.

Ready to get started?

If you feel like Payit could help your business and you would like to learn more, please answer a few questions below and one of the team will be in touch. 

Is your current turnover £6.5m or above?

We look forward to starting our journey together

Fill in the enquiry form below to get started and one of our team will be in touch.

Sorry, we’re not able to support you yet

At Payit™, we are working on expanding our eligibility criteria to support as many businesses as possible.

Fill in the form below* to join our waitlist and be the first in line to hear about any upcoming changes.  

Join our waitlist

*opens in your email client

Support for high growth businesses

We’ve got a range of products, specialist support and information for high growth businesses. Building on our years of expertise in helping businesses to grow, our tailored support could be just what you need to take you to the next level. So whether you’re an ambitious business scaling up, an established business with fast growth, or even a new businesses growing quickly, we’re here for you.

Frequently asked questions

To read our full list of comprehensive FAQs, visit our page using the link below. 

Not found what you're looking for?

If you’re an existing business customer with a query, please get in touch by contacting the team at payit@natwest.com

Anything else we can help with?