Enhance Your Business with NatWest POS Solutions for Seamless Payments

In today’s fast-paced business environment, offering smooth and secure payment options is essential. Whether you run a retail store, restaurant, or service-based business, having a reliable card machine can significantly improve customer experience and boost sales. NatWest POS solutions provide cutting-edge technology to help businesses accept card payments, contactless payments, and phone payments with ease. New Tyl by NatWest customers who take more than £100k in card payments annually can benefit from waived card machine hire fees for the first six months.

In this guide, we’ll explore how Tyl by NatWest can streamline your transactions, the eligibility criteria and fees apply, and how you can benefit from introductory offers to maximise savings. The annual payment value provided by the customer directly impacts promotional eligibility and hiring costs, and fees may apply eligibility criteria. Maintaining this level of payments in the first year is crucial to avoid reclaiming the promotion value.

Introduction to Payment Solutions

Payment solutions are an essential part of any business, enabling customers to make transactions quickly and securely. At NatWest, we offer a range of payment solutions, including card machines, tap to pay, and online payments. Our payment solutions are designed to help businesses grow and thrive, with features such as contactless payments, Wi-Fi capabilities, and secure webpages. With our payment solutions, businesses can accept credit and debit card payments, as well as other forms of payment, making it easy for customers to pay.

Why Choose NatWest POS Solutions?

NatWest offers payment solutions tailored to businesses of all sizes. With Tyl by NatWest, you can accept debit card payments, credit card payments, and tap to pay transactions securely. Here’s why NatWest stands out among various providers:

• Competitive transaction fees – Lower costs compared to your existing provider.

• No long-term contracts – Flexibility without hefty early cancellation fees.

• Secure and reliable – PCI-compliant systems to protect customer data.

• Fast setup – Get started quickly with minimal paperwork.

• Promotional offer: Waived card machine hire fees for the first six months for new customers.

• No hidden exit fee when switching from your existing provider.

• Accept contactless payments without requiring any extra hardware, turning smartphones into payment terminals.

• Minimum 12-month contract required after the initial six-month fee waiver period.

Key Features of NatWest POS Systems

1. Contactless & Tap to Pay

With the rise of contactless cards and mobile wallets, businesses must support NatWest tap payments. Customers appreciate the speed and convenience, helping reduce queues and increase satisfaction.

2. Transparent Pricing

Unlike some providers that hide additional fees, NatWest offers clear pricing. You’ll know exactly what transaction fees, PCI fees, and monthly hire costs apply. After the initial promotional period, standard hire fees per device will apply. NatWest may apply eligibility criteria for promotional offers, ensuring transparency regarding potential additional charges.

3. No Hidden Exit Fees

Some providers charge steep exit fees if you switch. With NatWest, you won’t face unexpected penalties.

4. Data Usage & App Integration

Manage payments on the go with app downloads and real-time reporting. You can also apply for data usage if needed, ensuring seamless connectivity.

Types of Payments Accepted

We accept a variety of payment types, including credit and debit card payments, contactless payments, and online payments. Our card machines and tap to pay solutions allow businesses to accept payments from customers using their credit or debit cards, while our online payment solutions enable customers to make payments securely on a webpage. We also support phone payments, allowing businesses to take payments over the phone. Our payment solutions are designed to be flexible and convenient, making it easy for customers to pay.

Understanding Tyl by NatWest Customers’ Benefits

Tyl by NatWest is a leading payment solution designed for UK businesses. Here’s what makes it stand out:

Eligibility Criteria and Fees Apply

Before applying, check the Tyl eligibility criteria:

• You must have a UK-registered business.

• A bank account in the business’s name.

• An estimated annual payment value of at least £100k in card payments (limits apply for smaller businesses).

• The value should the customer take more than £100k in card payments annually can benefit from promotional offers.

The promotion valid for waiving card machine hire fees is effective from 1st February 2025 to 31st May 2025.

Cost Breakdown

• Transaction fees: Competitive rates based on volume.

• Hire fees per device: Flexible options with months standard hire fees available.

• Average savings: Many businesses save compared to their previous provider.

Promotion Valid from 1st February

New customers can benefit from introductory offers, including reduced fees. New Tyl by NatWest customers can benefit from promotional offers, including waived card machine hire fees for the first six months. Businesses can easily obtain a personalised quote to meet their specific needs, ensuring transparency with no hidden fees. The promotion value may vary, so check the secure webpage for the latest deals.

Online and Phone Payments

Our online payment solution enables customers to make payments on a secure webpage, while our phone payment solution allows businesses to take payments over the phone. We also offer a range of additional features, including payment management and reconciliation, to help businesses manage their payments effectively. With our online and phone payment solutions, businesses can expand their reach and increase sales.

How to Switch to NatWest POS

Switching is simple:

1. Compare costs – See how much you could save versus your existing provider.

2. Check eligibility – Ensure you meet the Tyl by NatWest customers requirements.

3. Apply online – Complete a quick application via NatWest’s secure webpage.

4. Set up your device – Receive your card machine and start accepting payments.

Reclaim the Promotion Value

If you switch before the promotion valid from 1st expires, you could reclaim the promotion value in fee discounts.

Growing Your Business

At NatWest, we are committed to helping businesses grow and thrive. Our payment solutions are designed to help businesses increase sales and expand their reach, with features such as contactless payments and online payments. We also offer a range of additional services, including business banking and loans, to help businesses achieve their goals. With our payment solutions and business services, businesses can confidently grow and develop, knowing that they have the support of a trusted bank behind them.

Frequently Asked Questions

Are there early cancellation fees?

NatWest offers flexibility, but early cancellation fees may apply in some cases. Check your contract details.

What about data usage or app downloads?

You can may apply for data plans if needed, and the usage or app downloads are straightforward. Certain mobile payment applications, like NatWest Tap to Pay, require devices to be equipped with Google Services to function optimally. The iPhone XS is a compatible device for contactless payment solutions, requiring iOS 16.4 or later. Additionally, users might incur charges from their respective network operator while using services like the Tap to Pay app.

How do contactless limits apply?

UK contactless payments have a per-transaction limit, but customers can still use Chip & PIN for higher amounts.

Upgrading to NatWest POS solutions can enhance your business’s efficiency, security, and customer satisfaction. With competitive transaction fees, no hidden exit fees, and the latest tap to pay technology, it’s a smart choice for UK businesses.

Take advantage of the promotion valid from 1st February and see how much you could save. Visit NatWest’s secure webpage today to apply and start accepting seamless payments!