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This week, NatWest announced that it has teamed up with British mobile phone retailer Carphone Warehouse to trial a new online shopping system that lets customers pay directly through their bank account, without using a debit or credit card.
When checking out on the Carphone Warehouse site, shoppers are presented with a NatWest button that they can press to be taken to the bank’s app, where they log in and complete the payment. NatWest says that the pilot has already proven a big hit with customers, cutting purchase times and ensuring that bank balances are accurate immediately.
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