True Potential has rolled out NatWest’s payments and data solution, Payit, to enhance its impulseSave offering.

impulseSave is True Potential’s technology that helps clients add money to their accounts in an instant.

Users of Payit will have an additional way to deposit funds swiftly and securely, either by app or online, allowing for real time transfers to then fund accounts. The capability also allows clients to link to multiple nominated bank accounts as an additional payment method, via open banking, facilitating seamless and more secure payments into ISAs, general investment accounts, or personal pensions.

The proposition will be available to all True Potential clients with access to participating banks’ online banking or a mobile banking app.

Head of transaction services and trade at NatWest, Ritu Sehgal, commented: “We are delighted to work with True Potential as they leverage the benefits of open banking through Payit to improve a clients 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.”

Head of operations for the True Potential platform, Richard Taylor, 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.”

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