The bank is waiving terminal and 3G fees for Tyr until the end of 2020
RBS rolls out mobile payment terminal for SMEs. Source: shutterstock.com
Royal Bank of Scotland has announced the launch of a new payment solution in Scotland called ‘Tyl’. It is designed to simplify the process of receiving payments for small business customers thus maintaining cash flow.
Tyl enables small businesses to accept Chip & PIN, contactless and telephony payments either in-store, over the phone, or online with a mobile terminal.
Besides, it provides next-day settlement for users, ensuring money is in their bank account the next business day.
We’ve reported that this fall, BNP Paribas will issue its first biometric payment cards with a built-in fingerprint sensor.
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