NatWest Enables Tap to Pay on iPhone for Businesses Across the UK

NatWest Enables Tap to Pay on iPhone for Businesses Across the UK

(IN BRIEF) NatWest has announced the availability of Tap to Pay on iPhone for eligible businesses across the UK. Through the NatWest Tap to Pay iOS app, businesses can seamlessly accept contactless payments using their iPhone, without the need for additional hardware or card readers. The technology supports various contactless payment methods, including Apple Pay, contactless credit and debit cards, and digital wallets. Tap to Pay on iPhone utilizes built-in iPhone features to ensure data privacy and security, with Apple not storing card numbers on the device or its servers. The integration of NatWest’s Tap to Pay app with Apple’s technology provides businesses with a convenient and secure solution for accepting contactless payments. Merchants can easily set up Tap to Pay on iPhone through the NatWest Tap to Pay app or by contacting Tyl by NatWest for existing merchants.

(PRESS RELEASE) LONDON, 14-Jul-2023 — /EuropaWire/ — Apple’s contactless payment acceptance technology is now available to UK businesses via the NatWest Tap to Pay iOS app.

Tap to Pay on iPhone provides businesses with a simple solution to seamlessly and securely accept contactless payments using an iPhone and NatWest’s Tap to Pay app — with no additional hardware or card readers required.

Tap to Pay on iPhone accepts contactless payments*, including Apple Pay, contactless credit and debit cards and other digital wallets. When merchants use the NatWest Tap to Pay app on their iPhone, they simply need to ask customers to hold their preferred form of contactless payment near the merchant’s iPhone and the payment will be made seamlessly and securely**.

Apple’s Tap to Pay on iPhone technology uses the built-in features of iPhone to keep businesses’ and customers’ data private and secure. When a payment is processed, Apple doesn’t store card numbers on the device or on Apple servers, so business owners can rest assured knowing their business stays theirs. Tyl is backed by NatWest, meaning customer payments are in safe hands with the trust and security of one of the UK’s biggest high street banks.

Tap to Pay on iPhone is easy to set up and easy to use. On an iPhone XS or later running the latest iOS version, merchants can simply download the NatWest Tap to Pay app on the App Store. New merchants can set up Tap to Pay on iPhone within the NatWest Tap to Pay app and start accepting payments quickly, while existing merchants can speak to Tyl by NatWest  to get Tap to Pay on iPhone added to their account.

Mark Brant, Chief Payments Officer, NatWest said: “Customers now expect the convenience and wider choice of using contactless credit or debit cards, as well as digital wallets such as Apple Pay, to make seamless and secure purchases wherever they shop. Equally, entrepreneurs and businesses are always looking for ways to streamline their operations, boost sales and connect with their customers regardless of location, all while benefiting from tech to make their own sales experience seamless. And for aspiring entrepreneurs, you just need a good business idea and an iPhone to start getting paid – enabling a whole new wave of opportunities.

“Tap to Pay iPhone within the NatWest Tap to Pay app enables us to meet all of these needs and put contactless payments into the pockets of businesses, optimising the in-person payment experience for all. NatWest was one of the first*** UK banks to bring Apple Pay to customers in the UK, and we are proud to continue to provide access to the latest in payments technology by being one of the first to bring Tap to Pay on iPhone to merchants in the UK.”

Merchants also benefit from an all-in-one NatWest Tap to Pay app that allows them not only to accept contactless payments but also to track sales and transaction history on their day-to-day business performance. They can couple this with further insight and support available within Tyl’s sophisticated customer portal which helps merchants track sales trends, payments and invoices while setting up marketing and loyalty programmes to drive further business.

Notes to editors:

Disclaimers:

This is for media use and not a financial promotion

*Some contactless cards may not be accepted.

**Transaction limits may apply.

***https://www.natwestgroup.com/news-and-insights/feature-content/our-updates/2011-2020/natwest-and-rbs-to-offer-apple-pay-to-customers.html

About NatWest Group

NatWest Group is a relationship bank for a digital world. We champion potential; breaking down barriers and building financial confidence so the 19 million people, families and businesses we serve in communities throughout the UK and Ireland can rebuild and thrive. If our customers succeed, so will we.

About Tyl by NatWest

Tyl by NatWest is a payment partner for UK small and medium sized businesses. Whether businesses take card payments in store, over the phone, or online, Tyl by NatWest offers a choice of innovative and easy-to-use payment solutions that are backed by the care, experience, and security of one of the UK’s biggest banks.

Tyl by NatWest allows businesses to receive payments quickly and securely, wherever they and their customers are, offering straightforward customer on-boarding, simple pricing, and next working day settlement. With its access to data-led insights, Tyl by NatWest helps merchants make informed business decisions and create more meaningful customer relationships as they manage and grow their business.

Tyl by NatWest champions business as a force for good, building better communities across Britain, one transaction at a time. Tyl is available for all banked and non-banked customers.

Media Contact:

Stephanie Melrose
Media Relations Manager
Stephanie.melrose@natwest.com
07966 212 576

SOURCE: NatWest Group