HomeBankingRBS: Launches 'Tyl’ to help Scottish business build for the future

RBS: Launches ‘Tyl’ to help Scottish business build for the future

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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
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