- Service Name
Tyl by NatWest
- Industry
Fintech, payment solutions, digital payments, small business services
- Main Value Proposition
Tyl provides fast, secure, and cost-effective payment solutions that help businesses improve cash flow and customer satisfaction.
- Description
Tyl by NatWest offers a range of digital payment solutions tailored for UK businesses, including card machines and online payment options. It aims to simplify the payment process for businesses while providing competitive rates and excellent customer support.
- Key Features
Free card machine hire for 6 months for eligible customers; Tap to Pay on iPhone and Android without extra hardware; Fast setup with card machines operational in just 48 hours; No hidden fees with transparent pricing
- Use Cases
Tyl is most valuable for small to medium-sized businesses such as beauty salons, online boutiques, dentists, and craft breweries that require efficient and flexible payment solutions.
- Competitive advantages
No monthly hire or PCI fees for Tap to Pay; Next business day cash deposits to improve cash flow; Partnership with the Federation of Small Businesses to enhance service offerings
- Strengths
Tyl's strengths include its user-friendly payment solutions, strong backing from NatWest, commitment to community support, and a focus on customer service.
- Positioning
Tyl positions itself as a modern, customer-centric payment solution provider that understands the unique challenges faced by small businesses in the UK.
- Audience
The target users include small business owners, entrepreneurs, and service providers in the UK who are looking for reliable and cost-effective payment processing solutions.
- Brand Positioning
Tyl by NatWest identifies itself as a trustworthy partner for businesses, emphasizing security, community support, and a commitment to helping businesses thrive.
- CTA
Get started now
- Differentiation
Tyl stands out in the market by offering a unique combination of bank-grade security backed by NatWest, a commitment to community giveback, and a focus on solving the specific pain points of small businesses.
- Tagline
It’s time for Tyl
- Tags
payment solutions
card machines
Tap to Pay
small business
- Tone of Voice
Friendly, supportive, professional
- Founded
2017-01-01
- Founders
Mike Elliff