Tyro Payments Limited (TYR)

Overview

Tyro Payments Limited is a prominent provider of payment solutions tailored specifically for merchants located throughout Australia. The company, which was established in 2003 and operates out of Sydney, has meticulously segmented its operations into two distinct areas: Payments and Banking. Tyro Payments Limited has developed a reputation for its comprehensive suite of services catering to a wide range of industries including health, hospitality, services, corporate, franchise, accommodation, and retail. The company's key objective is to streamline the payment process for businesses, enabling them to operate more efficiently and effectively in today's fast-paced market.

Products and Services

• Electronic Funds Transfer at Point of Sale (EFTPOS) Solutions

  These solutions are designed to facilitate the seamless transfer of funds during transactions conducted at retail or hospitality venues, ensuring quick and secure payment processing for debit and credit cards.

• Business Loans

  Providing unsecured business loans, Tyro Payments offers financial support tailored to the specific needs and cash flow requirements of businesses, enabling them to grow and expand without the need for collateral.

• Banking Solutions

  Including a range of banking services such as merchant cash advances, transaction accounts, and term deposit accounts. These solutions are designed to simplify day-to-day financial operations and support the growth of businesses.

• Medicare and Private Health Fund Claiming and Rebating Services

  Tyro simplifies the claiming and rebating process for healthcare providers, making it easier to process transactions with Medicare and private health insurers, thereby enhancing the payment experience for both providers and patients.

• eCommerce Payment Solution

  This service provides online businesses with a secure and efficient system for processing payments, supporting a wide range of payment methods to accommodate the diverse preferences of online shoppers.

• Tyro App

  A sophisticated mobile application that enables merchants to manage payments seamlessly from their mobile devices, offering both convenience and flexibility in handling transactions.

• Tyro Bank Account

  A business banking solution that offers a transaction account specifically designed to meet the needs of businesses, providing efficient management of daily finances.

• Tyro Business Loan

  Offers unsecured loans to businesses, providing them with the necessary capital to address immediate needs or to fund expansion plans without requiring collateral.

• Tyro Business Term Deposit

  An investment option for businesses looking to earn interest on their surplus cash, offering competitive rates and flexible terms to optimize financial returns.

• Tyro Go

  A mobile card reader that offers businesses the flexibility to accept card payments anywhere, anytime, making it particularly suitable for businesses on the move or those without a fixed POS system.

• Tyro Connect

  An integration platform that allows businesses to connect their POS system with various apps and services, designed to enhance the operational efficiency of cafes, restaurants, QSRs, pubs, clubs, and bars.