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NatWest Payit partners with Moneyline to provide open banking loan repayments via VRP

PUBT·05/12/2026 09:34:47
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NatWest Payit partners with Moneyline to provide open banking loan repayments via VRP
  • NatWest partnered with non-prime lender Moneyline to deploy Payit’s Open Banking-based Variable Recurring Payments for loan repayments by low-income or financially vulnerable customers.
  • Deal replaces Moneyline’s previous VRP provider, which exited market, aiming to avoid disruption to flexible repayment options.
  • VRP lets borrowers vary repayment amounts through their own banking app, supporting budgeting when income fluctuates.
  • Moneyline pilot results showed 84% preferred VRP to direct debits, 89% reported greater control, 76% reported reduced stress.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Natwest Group plc published the original content used to generate this news brief on May 12, 2026, and is solely responsible for the information contained therein.