Online payments are here

A smartphone screen displaying our new Payit function which is a payment processing interface transferring money from a client's bank account to Parmenion.
For financial professionals only

We’re delighted to announce that Payit, our new online payment option is now available on the Top up tool.

Payit is an award-winning technology, offered by NatWest, that allows your clients to quickly and easily top up their accounts using their online bank of choice.

Start using Payit today - just follow these three simple steps:

  • Use our platform’s Top up investments tool, where you'll find the new online payment option.
  • We'll provide you with a payment request document which’ll now include a QR code and link for your client.
  • Now it's over to your client to scan the QR code or tap the link, select their chosen banking app or online banking service and approve the payment. 

What you'll see...

  1. Add a new top up in the usual way through the Top up investments tool, where you'll be taken to the following page:
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  1. Once you've checked the details and entered your password, you'll be given a payment request document which includes a QR code or link for your client to use. It looks like this:
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What your client will see...

  1. Once your client taps the link or scans the QR code, they'll be taken to the NatWest Payit page to select their bank.

And the great part is the client doesn't need to bank with NatWest or even use a mobile banking app for this to work. The client just needs to use online banking.

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2. The client is then quickly transferred to their chosen bank.

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3.  The payment will be pre-filled with the top up amount, our bank details and the payment reference meaning the client can simply press send payment. Easy!

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What if my client doesn't use online banking?

No problem, they can still pay by bank transfer, or send us a cheque. All the details, including the reference are included in the payment request document.

What else is coming?

We’re also working on some exciting improvements to the top up tool IMR. We'll gather feedback from advisers, before rolling out more widely. Watch this space.

This article is for financial professionals only. Any information contained within is of a general nature and should not be construed as a form of personal recommendation or financial advice. Nor is the information to be considered an offer or solicitation to deal in any financial instrument or to engage in any investment service or activity. Parmenion accepts no duty of care or liability for loss arising from any person acting, or refraining from acting, as a result of any information contained within this article. All investment carries risk. The value of investments, and the income from them, can go down as well as up and investors may get back less than they put in. Past performance is not a reliable indicator of future returns.  

Speak to us and find out how we can help your business thrive.