Tyro provides EFTPOS and banking solutions for your business.
Tyro provides a seamless way for your business to accept and process payments, leaving you plenty of time to focus on running the business itself. Tyro provides more than just a countertop EFTPOS terminal, with a business transaction account and small business loans available as well.
Read on to learn about Tyro’s features, and why it was named as a winner in the Top 100 FinTech Innovation Awards 2016 and is trusted by over 20,000 Australian businesses.
- Compatible with any Australian financial institution
- Integrates seamlessly with your existing point of sale
- Used by over 20,000 Australian businesses
- Available linked interest-earning transaction account
You can choose a EFTPOS terminal for countertop transactions or a mobile terminal for use while on the move (or both!). Each option offers fast, seamless transactions. Prices vary depending on how many terminals you need and what level of service you require, but prices start from a competitive $29 a month for terminal hire.
Quick payment processing and various payment types
Tyro processes payments from your customers in less than two seconds, plus it’s directly integrated with your existing point of sale. The EFTPOS terminals accept numerous payment types, including American Express, Android Pay, Apple Pay, Contactless, JCB, Mastercard, Samsung Pay, UnionPay and Visa.
Tyro offers 3G backup and dual live-data centres, to eliminate the stress of going offline. Enjoy 99.9% uptime when you use Tyro payment solutions for your business.
Use your current bank account
Use Tyro with your existing bank account without the need to switch. Alternatively, you can use Tyro’s Smart Account.
Tyro Smart Account
The Tyro Smart Account is a fee-free transaction and savings account in one, helping you easily manage business payments and earn a competitive rate of interest on your money at the same time. You can transfer money from your Tyro Smart account to any Australian bank account via bank transfer, BPAY, direct debit and ABA uploads via mobile.
You can initiate payments from your Tyro Smart Account using Siri’s voice command on Apple smartphones.
Integrated with Xero
You can simply scan your bills, add them to your Xero account, bundle them together and schedule them for payment, rather than adding them to your online accounting software system one-by-one. Plus, bill payment requests are sent directly to your mobile so you can approve on the go.
No lock-in contracts or hidden fees
There are no lock-in contracts or hidden fees. You’ll pay no setup or admin fees, no transaction account fees, no cancel or exit fees, no chargeback fees and no loan management fees (if you decide to opt for a business loan).
Australian business owners will be happy to know Tyro offers 24/7 local support within Australia. So when your business needs some help, you’ll be connected with someone in Australia to assist you anytime of the day (or night!).
Least-cost routing available via Tyro Tap & Save
Tyro offers least-cost routing functionality to merchants via its Tap & Save technology, and was the first payments provider to offer least-cost routing in the Australian market. This enables merchants to process contactless debit card transactions via EFTPOS. Tyro's Tap & Save functionality could save you over 6% on Merchant Service Fees (this will vary between businesses).
Alipay to be available to Tyro merchants from mid-2019
Tyro is the first Australian bank to partner with Alipay, which will enable Tyro merchants to offer Alipay to customers as a payment option. Alipay is the leading online payments platform in China, with more than 870 million active users. Alipay allows users to pay via the app, similar to how Apple Pay or Google Pay operates. Alipay will be available to Tyro merchants in mid-2019.
How to get started?
If you think Tyro is the right fit for your business, get started by clicking the green “Go to Site” button above. This will take you securely to Tyro’s website where you can fill in a few personal details. A member of Tyro will get in touch straight away to discuss your business needs and what level of service you require.