UK bank NatWest has partnered with Carphone solutions to test an online system that allows customers to make instant payments when shopping . The trial relies on the Open payment system and secure " pay for payment " technology . It has proved popular with customers , who enjoy immediate payments , while others benefit from customer - guaranteed security and lower processing fees . NatWest will conduct trials with other retailers , and could even offer the service to customers of rival banks .
UK bank NatWest has partnered with Carphone Warehouse to test an online system that allows customers to make instant payments when shopping. The trial relies on the Open Banking system and secure "request for payment" technology. It has proved popular with customers, who enjoy immediate payments, while retailers benefit from bank-grade security and lower processing fees. NatWest will conduct trials with other retailers, and could even offer the service to customers of rival banks.