Why Tyro?
Like businesses, not all banks are the same. We're shaking up the business banking world, with smart technology that could save you time and money.
Customers Tap. You Save*
Save on Tap & Go fees with Tyro's version of least-cost routing, Tap & Save.
260+ POS/PMS Integrations
Process payments in sub 1.6 seconds, directly integrated with your Point of Sale.
99.9% Uptime
3G backup and dual live data centres keeps your business payments running smoothly.
Fee Free Bank Account^
Earn interest on your income with our fee free business bank account. Get your EFTPOS funds paid every day§ at a time you choose.
Up to 1.75%p.a interest**
Run payments through the Tyro ecosystem and make your money work harder for you. See how our business deposit account gives you more.
Government Guaranteed
Your deposits are protected under the Financial Claims Scheme for up to $250,000 per account holder. For more information visit ASIC’s website.
No Lock-in Contract
What you see is what you get. No lock-in contract, no hidden fees. That’s our guarantee.
60 Seconds to Funds
Cash flow loans gives you access to funds when you need it most. Provide a personal guarantee and accept a loan offer in the Tyro App.
24/7 Local Support
Made for Australians, by Australians. Round the clock Australian-based Customer Support.
See all our business banking products
Hate fees? We guarantee no hidden costs
- No lock-in contract
- No set-up or admin fees
- No business deposit account fees
- No cancel/break fees
- No chargeback fees
- No loan management fees
EFTPOS terminals for hospitality, retail and healthcare businesses
Keep your queues moving, customers happy, and cash flowing. Tyro EFTPOS means better small business banking.
EFTPOS OnTop
Fast countertop transactions
- 3G and Ethernet configurable
- Large colour display and backlit keys
- Accept contactless payments
- Connects to multiple tills/POS lanes
- Integration with 260+ POS solutions
- Built-in thermal printer
EFTPOS OnTheGo
Wireless mobile payments
- Mobile, 3G and Wi-Fi
- Long-life rechargeable battery
- Accept contactless payments
- Connects to multiple tills/POS lanes
- Integration with 260+ POS solutions
- Built-in thermal printer
Accept more payment types
We already integrate with your point of sale
Customised solutions for your industry
Tap & Save
You could save more than 8.8%* on Merchant Service Fees.
POS/PMS Integration
Instant POS/PMS integration with 260+ POS/PMS solutions.
Award Winning
Awarded Best Payment Services Bank,
Australian Business Banking Awards 2018.
Business Loans
Access to lending using your daily Tyro EFTPOS transactions.
Tyro & Xero®
Seamless bank feeds, quick pay roll and simple batch payments.
Integrated Health Fund Claiming
98% coverage of the insured population
Claims assessed in 4.5 seconds
Tap & Save
Hospitality customers could save 10.8%* on Merchant Service Fees.
Pay@Table
Flexibility to let customers pay at the table.
Split Bills
Let customers pay however they want.
Tipping
Discreet and easy tipping, including split bills.
Dynamic Currency Conversion
Let customers pay in any currency.
BarTab & GuestTab
Let customers pre-authorise their spend.
No locked tills
Process transactions simultaneously.
Tap & Save
You could save more than 8.3%* on Merchant Service Fees.
Pay@Chair
Customers can pay from the comfort of their chair.
Local Support
24/7 100% Australian-based Customer Support.
POS/PMS Integration
Instant POS/PMS integration with 260+ POS/PMS solutions.
Award Winning
Awarded Best Payment Services Bank,
Australian Business Banking Awards 2018.
Trusted by over 20,000 Australian businesses
Our customers rate us 4.1 out of 5†
Tyro integrates seamlessly with our POS. The solution saves the business time and money, while providing a friendly experience to our customers.
Michael Lazaris
Owner, Throwback Store
I got into the business to make coffee. Not to mess around with EFTPOS machines and computers. Tyro just works so I can work.
Nicholas Retsas
Owner, Bean Haus Cafe
Tyro means less gap payments, less Medicare cheques and less follow-up of outstanding accounts due to immediate payment and claiming options.
Angela De-Gaetano
Practice Manager, Majellan Medical Centre
Join Tyro and benefit from fast, integrated & reliable EFTPOS tailored to your business
Or call 02 8907 1700 Mon-Fri 9am-5pm AEST.
Tyro has no lock-in contract, we believe in our products.
* Tyro does not guarantee any cost savings by opting in for Tap & Save. Savings on eligible transactions processed through the eftpos network vary for each business depending on their card mix, transaction volume and amount, industry, and pricing plan. Eligible transactions are contactless debit card transactions less than $1,000. Tap & Save is not available on Special Offer pricing which includes some flat fee simple pricing offers or where you surcharge on debit card transactions as cost savings may not be realised. Yomani CR, Xentissimo and Xenta terminals do not support Tap & Save. For details refer to the FAQs at tyro.com or call 1300 966 639.
8.8% savings (10.8% savings for hospitality customers, 8.3% savings for retail customers, 3.8% savings for health customers, 10.4% savings for pharmacy customers) on Merchant Service Fees represents the potential savings of Tyro eligible merchants (calculated as an average), over the period December 2017 to December 2018 and was based on actual eligible transactions processed during this period.
^ The Tyro Bank Account is also known as the Tyro Smart Account and is governed by Tyro's EFTPOS Banking Terms and Conditions
The Tyro Bank Account is a protected account under the Financial Claims Scheme which guarantees repayment of depositor funds up to $250,000 per account holder at an authorised deposit taking institution in the unlikely event of their insolvency. For more information visit ASIC's website.
** Interest rates are variable and subject to change. Interest is calculated daily and paid monthly on the third business day. Interest rate of 1.75% p.a. applies for funds held longer than 90 days. For other interest rates and interest rate tiers, refer tyro.com/rates.
§ Applies to Tyro settled funds only – excludes HealthPoint and funds settled directly by Afterpay, American Express, JCB and Diners Club International.
¤ Integrated Medicare Easyclaim is only available where the POS/PMS supports the integration. You should make your own enquiries in regards to this.
Δ Applicable where the POS/PMS supports Medicare Easyclaim.
† Based on Tyro's Facebook Reviews rating current as at 13/11/2018.
1 Subject to credit and eligibility requirements and a personal guarantee. The “Flat Fee” is payable over the life of the loan. Subject to minimum repayments.
Xero is a trademark of Xero Limited.