Payit from NatWest uses Open Banking technology to enable real-time data sharing and secure, instant payments* —without the need for bank or card details. By allowing banks to communicate directly, Payit removes inefficiencies, enhances security, and delivers a seamless experience for both you and your customers.
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.
*In the majority of cases, payment will be near-instantaneous thanks to the Faster Payments Service. However, banks may retain certain payments for additional checks. If approved, payments are guaranteed to arrive within 2 hours.
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.
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.
Payit’s AIS solution, powered by Open Banking, enables businesses to securely access and validate customer bank data in real time—streamlining processes, reducing fraud, and improving the customer experience.
