Payit™

A new NatWest payment innovation

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What is Payit™?

How could Payit help?

What happens next?

Live customers

Frequently asked questions

Ready to get started?

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What is Payit™?

 Payit^TM 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.

PAY360 Awards 2022

Best Direct Account to Account Solution

Payment Awards 2022

Best Online Payments Solution - Consumer & Open Banking Initiative of the Year

Open Banking Expo Awards

2022 Best third party provider

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.

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Download factsheet

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Download factsheet

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.

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.

What happens next?

Engage and explore

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

Enquiry form

Connect and build

Access to the Payit sandbox and engage with your internal teams

Bank of APIs

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

Northern

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

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JS Group

Through the use of the Payit API solution, JS Group has developed Aspire Cash, resulting in a better payment experience for University students, reduced administrative costs and improved understanding of how cash awards are used by students. Accessing funds securely and quickly has helped students cope during the current cost of living pressures.

Discover more

Vanquis Bank     

Vanquis Bank, through the integration of Payit into their mobile app and online platform, allows their customers to make fast and secure credit card and loan repayments whilst reducing and improving efficiencies.

Discover more

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. 

Continue

Is your current turnover £2 million or above?

Please choose an option below to continue

Yes

No

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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.

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Begin your enquiry

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

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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.

Our high growth help

Frequently asked questions

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

Visit our FAQs page

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?

Type your question here

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Support centre

@NatWestBusiness