RBS: Launches ‘Tyl’ to help Scottish business build for the future
- ‘Tyl’ designed to make it easier for small business customers across the country to receive payments
- Part of the bank’s portfolio of innovation ventures, Tyl enables small businesses to accept Chip & PIN
- The launch to Scottish customers is part of a strategic rollout across the UK with the Tyl team having worked collaboratively with UK based SME
- Tyl provides next-day settlement for users, ensuring money is in their bank account the next business day
- Tyl has helped SMEs adopt social distancing guidelines efficiently by helping them adapt their business from in-store
- Aims to have terminals with customers within 24 hours of ordering and provides straightforward customer on-boarding and simple pricing
