True Potential and NatWest partner for faster investor payments

By Vriti Gothi

True Potential has integrated Payit™ by NatWest, the bank’s Open Banking payments and data solution platform, further strengthening its impulseSave® technology. The collaboration marks a significant milestone in True Potential’s ongoing digital transformation journey, designed to make investing faster, more intuitive, and more secure for clients.

Through this partnership, True Potential clients can now link their preferred bank accounts directly to their investment accounts, enabling instant, real-time transfers to fund ISAs, GIAs, or personal pensions. The integration of Payit™ offers a frictionless digital alternative to traditional card payments, simplifying the transaction process while enhancing security through Open Banking protocols and Strong Customer Authentication (SCA).

The solution empowers clients to connect multiple nominated bank accounts and make direct payments from within their chosen mobile or online banking application. This eliminates the need to manually enter card details, mitigates the risk of fraud by restricting third-party transactions, and supports greater financial control through instant settlement and transparency.

Ritu Sehgal, Head of Transaction Services and Trade at NatWest, said, “We are delighted to work with True Potential as they leverage the benefits of Open Banking through Payit™ to improve a client’s payment journey. Our secure platform offers a flexible and seamless way for clients to make payments directly from their bank accounts with minimal IT integration or disruption. Real-time transfers significantly enhance the investment experience for many clients.”

Richard Taylor, Head of Operations for the True Potential Platform, added, “Partnering with NatWest to bring Payit™ to True Potential platform clients is another positive step we’re taking to help more people do more with their money. Building on our long-standing proprietary impulseSave® technology, integrating with Payit™ makes the process of adding to investments from £1 even faster and more secure for clients.”