Supporting Australian businesses with better banking

From our fast and reliable EFTPOS solutions to streamlined business loans and banking products, we’re helping thousands of Australian businesses to grow and thrive.

Australia’s largest EFTPOS provider of all ADIs outside the big four.*

A team of more than 450 dedicated staff nationally.

More than $17.5 billion in transactions processed in FY19.

Building and growing since 2003.

Delivered 10 industry firsts.

26% transaction volume Compound Annual Growth Rate (2014-18).

About us

When it comes to payments and business-only banking, Tyro provides a fresh alternative. We’re Australia’s largest EFTPOS provider of all ADIs outside the big four* and we provide tailored EFTPOS, effortless business loans and banking solutions that support over 25,500 Australian businesses. Beyond credit, debit and EFTPOS card acquiring, we also offer Medicare and private health fund claiming and rebating services.

We connect simply with your existing systems and Xero software but also offer a world of possibility by connecting customers with innovative software and apps that help build business.

Our smart technologies are easy to use and designed to save our customers time and money, like our transaction and deposit account that lets you earn interest on transactions. So come and join the thousands of Australian businesses that are already banking with Tyro.

Our Company Values

Wow the customer

We love our customers and we want them to love us too.

Be good

We’re open and transparent, and we do the right thing – even when nobody’s watching or it’s really hard.

Commit to greatness

We think big, move fast and dare to be different – always asking “what’s next?”

Stay hungry

We ooze passion and determination and we play as a team to win.

A track record in innovation

Growing everyday

2003

Entrepreneurs Paul Wood, Peter Haig and Andrew Rothwell founded Tyro in response to the RBA’s call for greater competition.

2005

17 staff. First technology company to obtain an acquirer bank licence.

2007

34 staff, $6M in transactions. First to launch a cloud-based EFTPOS solution.

2009

41 staff, $511M in transactions. First to launch integrated EFTPOS Medicare rebates.

2010

51 staff, $1.3B in transactions. First to launch non-stop acquiring services.

2011

54 staff, $2B in transactions. First to be certified and compliant with new payments regulations to ensure security of payments applications.

2012

68 staff, $3B in transactions. 10,000+ EFTPOS terminals in use.

2013

93 staff, $4.1B in transactions. First to launch integrated mobile EFTPOS solutions.

2014

127 staff, $5.2B in transactions. Launched an integrated Private Health Fund claiming solution.

2015

221 staff, $6.8B in transactions. Developed a cloud-based and mobile core banking platform.

2016

297 staff, $8.6B in transactions. $100M in funds raised. First technology company to obtain a full Australian banking licence and operate as an Authorised deposit-taking institution (ADI).
Launch of our first banking product: Tyro Bank Account.

2017

371 staff, $10.6B in transactions. First Australian bank to allow business account owners to use Siri to conveniently pay bills.

2018

384 staff, $13.4B in transactions. First Australian bank to launch our version of least-cost routing, Tap & Save, saving Tyro merchants over $1.5 million on fees in the first eight months.

First Australian bank to deliver integrated Alipay solution.^

Awards

A history of industry recognition

Winner

Sydney Design Awards, 2019.

Finalist

Best Banking Innovation, finder Awards 2019.

Winner

Best Payment Services Bank, Australian Business Banking Awards 2018.

Winner

Highest Authorisation Approval Rate (Acquirer) and Lowest Gross Fraud (Acquirer), Global Award Category, Visa 2018 Global Service Quality Awards (GSQA).

Finalist

Best Banking Innovation, finder Awards 2018.

Finalist

Best Payment Services, Australian Business Banking Awards 2017.

Winner

FinTech Innovation in Lending, FinTech Awards 2017.

Gold

FinTech and The Future of Work, Tech Design Awards, DRIVENxDESIGN 2017.

Established Innovator

FinTech 100, KPMG and H2 Ventures, 2016.

Fast 50 Australia

Deloitte Technology 2012, 2013, 2014.

Fast 500 Asia Pacific

Deloitte Technology, 2012, 2013, 2014, 2015.

Finalist

Telstra Business Awards 2013, 2014.

BRW Fast 100

Award 2010, 2011, 2012, 2013.

25,500 businesses and counting

From EFTPOS with standalone terminals to POS integration and small business loans, Tyro can help you whatever your business needs are.