Bank acquirer

Tyl by NatWest

Last verified 2026-06-02

Tyl by NatWest is a bank acquirer operating across in-person card payments. Full rate, settlement and contract terms are in the commercial profile below.

Verifiable identifier chain

Legal entity
National Westminster Bank Public Limited Company
FCA Firm Reference Number
FRN 121878 ↗
Companies House
00929027 ↗
OpenCorporates
View ↗

Commercial profile

Headline rate
1.39% + 5p standard; bespoke for higher volume
Settlement
Same-day to NatWest account
Contract
12 to 18 months
Channels
In-person card payments
Tier
Bank acquirer

Editorial notes

Conditional on existing NatWest Business banking.

Hardware reviews

We've reviewed the hardware tier behind Tyl by NatWest. See the full review at Tyl by NatWest review.

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Official site: Tyl by NatWest

AP

Adam Parker

Founder & Managing Director, Muswell Rose, founder and PSC of Best Business Loans Ltd

Adam is the founder and managing director of Muswell Rose and a founder of Best Business Loans Ltd, the company behind MerchantHQ. His career runs through insurance, mortgages, commercial finance and fintech lending, including payments and merchant services. He writes the MerchantHQ library.

Last reviewed: 2 June 2026

Payments review: Derren Powell, payments and fintech specialist, formerly Vice President, Business Development (Merchants) at Mastercard. Reviewed 2026-08-19. Independent reviewer; the MerchantHQ editorial team retains control of the final content.

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