NatWest has launched NatWest Tyl, making it easier for customers to operate their business.
NatWest Tly will streamline the process of merchant acquiring, eliminating business stress for the owners.
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Tly will provide users with data-led insights to help them make informed and tailored business decisions. The new service will also deliver next working day settlements and a straightforward onboarding process.
Customers of NatWest Tly will be able to access in-store and online card acquiring capabilities. In addition, the services provides a range of financial tools to help business owners manage and grow their company.
The team at Tyl have worked with SME customers to design the new service. As of now, it is live a small number of NatWest customers and will be available nationwide later this year.
Helping business grow
Studies have shown that business owners are often plagued with hours of paperwork that takes time away from other important tasks in their business growth strategy.
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By GlobalDataNatWest Tyl seeks to eliminate business stress for owners. The platform is simple and secure to use.
Commenting on the launch, Deputy CEO NatWest Holdings, and CEO Commercial & Private Banking, Alison Rose, said:
“We are really excited to launch NatWest Tyl, the latest in a number of innovative offerings that we have brought to our customers recently. With a constantly evolving banking and technology landscape, we are working hard to offer new customer-focused solutions.
“Developing our own merchant acquiring and payments proposition is an important step forward and reiterates our commitment to harnessing the revolution in new technologies so that our customers can remain focused on growing their businesses.”
NatWest MD, Sales, Specialist Businesses and Business Banking, Paul Thwaite said:
“NatWest Tyl helps make it easier for customers to run their business. By combining technology and smart data-led insights, NatWest Tyl helps SMEs make informed decisions to manage their businesses more successfully and gives them tools and insights to help them grow.”
