TYL by NatWest

NatWest-backed card machine service with published rates and next-business-day settlement.

In-person rate: 1.39% + 5p
Online rate: 1.39% + 5p (no CNP extra)
Monthly fee: No service fee
Contract: 12 months

Best for

NatWest customers and businesses wanting published rates backed by a major bank.

Pricing breakdown

All prices in GBPSourced from provider's published pricing

Every fee we track, grouped by where it applies.

In-person payments

In-person terminal and tap-to-pay transactions.

Transaction rate: 1.39% + 5p
Personal UK/EU cards, <=£50k/yr. Business/intl: 1.99% + 5p. Above £50k/yr: quote.
Monthly fee: No service fee
Device hire separate: from £13.99+VAT/mo (A80 £13.99, A50 £14.99, A920 Pro £19.99, Tap-to-Pay £0). Online gateway: +£14.95+VAT/mo.
Hardware cost: Device hire from £13.99+VAT/mo (A920 Pro £19.99, A80 £13.99, A50 £14.99, Tap-to-Pay £0)
Setup fee: Free

Online payments

Online checkout and keyed-in card transactions.

Transaction rate: 1.39% + 5p (no CNP extra)
No extra charge for card-not-present per tylbynatwest.com. Online gateway: additional £14.95+VAT/mo.
Monthly fee: No service fee
Device hire separate: from £13.99+VAT/mo (A80 £13.99, A50 £14.99, A920 Pro £19.99, Tap-to-Pay £0). Online gateway: +£14.95+VAT/mo.
Setup fee: Free

Other fees

Chargeback fee: Contact provider
Tyl by NatWest does not publish a chargeback fee on its pricing page. Ask before you sign.
AMEX rate: 1.99% + 5p (business/intl rate)
Amex priced at business/international card rate on request.
International card surcharge: None
No extra charge for international cards per tylbynatwest.com/card-machines/pricing-fees.
Early termination fee: None
Confirmed: no ETF per tylbynatwest.com.
Instant payout fee: Contact provider
Standard payout is up to three working days; an instant payout option is not confirmed. Ask before you sign.
Refund fee: Free
Confirmed: no refund fee per official page.
PCI compliance fee: Included free (E2EE)
Included via Tyl's SafePay end-to-end encryption; the current fee status is not confirmed. Ask before you sign.

Contract terms

Contract length: 12 months
Settlement time: Next business day
Recurring billing: Yes
Continuous Authority Payments supported per gateway page.

Accepted payment methods

Cards, wallets, and other methods supported by TYL by NatWest for UK merchants.

Cards

Visa
Mastercard
AMEX
Discover
Diners Club

Digital wallets

Apple Pay
Google Pay

Other

international-cards

Strengths and trade-offs

Pros

Published rates from 1.39% for personal cards
PCI E2EE included free
NatWest bank backing
Next-business-day settlement

Cons

12-month contract required
Separate device hire fee from £13.99/mo
Business/international cards priced higher at 1.99%

About TYL by NatWest

TYL by NatWest is a card payment service from NatWest Group targeting UK businesses. It publishes flat blended rates starting at 1.39% plus 5p for personal UK/EU cards on annual volumes up to £50,000. Device hire is additional (from £13.99/mo). A 12-month contract applies. PCI E2EE is included free.

TYL by NatWest was founded in 2019 and is headquartered in Edinburgh, UK.

How TYL by NatWest compares

Side-by-side with the closest alternatives by estimated cost.

Assumes £15,000/mo volume, £50 average transaction, 70% in-person and 30% online.

Compare all providers

	TYL by NatWest £223.50/mo est.	Zeller £204/mo est.	myPOS £202.20/mo est.	Stripe £253.50/mo est.
In-person rate	1.39% + 5p	1.3%	1.10% + 7p	1.4% + 10p
Online rate	1.39% + 5p (no CNP extra)	1.5%	1.30% + 15p	1.5% + 20p
Monthly fee	No service fee	£0/mo	£0/mo	£0/mo
Hardware cost	Device hire from £13.99+VAT/mo (A920 Pro £19.99, A80 £13.99, A50 £14.99, Tap-to-Pay £0)	Terminal 1x £99 / Terminal 2 £149 (excl VAT)	Go 2 £29 / Flex £59 / Go Combo £169 / Ultra £229 / Tap-to-Pay £0 (excl VAT)	WisePad 3 £49 / Reader S700 £229 (excl VAT)
Contract length	12 months	No contract	No contract	No contract
Settlement time	Next business day	Same-day to Zeller Business Account; next business day to any bank	Instant (~3 seconds to myPOS business account); £1.50 per bank transfer out (GBP; SEPA £4.00)	T+3 standard (new accounts T+7); instant at 1% min 40p
Est. monthly cost	£223.50/mo	£204/mo	£202.20/mo	£253.50/mo
	Visit TYL by NatWest	View details	View details	View details

TYL by NatWest

£223.50/mo est.

In-person rate: 1.39% + 5p
Online rate: 1.39% + 5p (no CNP extra)
Monthly fee: No service fee
Hardware cost: Device hire from £13.99+VAT/mo (A920 Pro £19.99, A80 £13.99, A50 £14.99, Tap-to-Pay £0)
Contract length: 12 months
Settlement time: Next business day
Est. monthly cost: £223.50/mo

Visit TYL by NatWest

Zeller

£204/mo est.

In-person rate: 1.3%
Online rate: 1.5%
Monthly fee: £0/mo
Hardware cost: Terminal 1x £99 / Terminal 2 £149 (excl VAT)
Contract length: No contract
Settlement time: Same-day to Zeller Business Account; next business day to any bank
Est. monthly cost: £204/mo

View details

myPOS

£202.20/mo est.

In-person rate: 1.10% + 7p
Online rate: 1.30% + 15p
Monthly fee: £0/mo
Hardware cost: Go 2 £29 / Flex £59 / Go Combo £169 / Ultra £229 / Tap-to-Pay £0 (excl VAT)
Contract length: No contract
Settlement time: Instant (~3 seconds to myPOS business account); £1.50 per bank transfer out (GBP; SEPA £4.00)
Est. monthly cost: £202.20/mo

View details

Stripe

£253.50/mo est.

In-person rate: 1.4% + 10p
Online rate: 1.5% + 20p
Monthly fee: £0/mo
Hardware cost: WisePad 3 £49 / Reader S700 £229 (excl VAT)
Contract length: No contract
Settlement time: T+3 standard (new accounts T+7); instant at 1% min 40p
Est. monthly cost: £253.50/mo

View details

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