The Tyro Blog

5 December 2022 - 7 min read

EFTPOS Education

Discover which Tyro product is the right fit for your business

Whether you’re a small business just starting out or an established business that’s been serving customers for years, Tyro has payments solutions designed for businesses of all shapes and sizes. Our EFTPOS solutions are each equipped with distinctive features to help power your businesses unique payment needs.  

Read on to discover our range of EFTPOS products so you can work out which one is right for you and will help take your business further.

Tyro CounterTop EFTPOS machine

The Tyro CounterTop EFTPOS machine is designed to take payments directly from the counter or in a fixed location.  

Staying put in its designated spot, the Tyro CounterTop EFTPOS integrates with over 330 POS/PMS systems, so you can enjoy seamless transactions and reduce the amount of time you spend on money admin. It also processes payments in sub 1.5 seconds1 you can cut down on the queue time for your customers. 

Other key features of the Tyro CounterTop EFTPOS machine include:

  • Dynamic Surcharging2 and built-in least-cost routing with Tyro Tap & Save3, to help you cut down on transaction costs
  • Ethernet connection with 3G back up on Telstra SIM
  • PIN shield to protect your customer’s PIN entry
  • Built-in advanced thermal printer, for pixel perfect receipts

This stable and robust EFTPOS solution is built for busy environments such as bars, restaurants, and retail stores, helping to keep business moving. It’s also ideal for health practices needing to accept any kind of health claim and/or payment, offering integrated Medicare Easyclaim4 for primary health and Private Fund Claiming for health funds.

The CounterTop EFTPOS machine accepts all major debit and credit card types, including Visa, Mastercard®, eftpos, American Express, Diners Club, JCB, and UnionPay. Another payment method the CounterTop EFTPOS machine accepts is Alipay. Additionally, the CounterTop EFTPOS machine accepts digital wallets like Apple Pay, Google Pay, and Samsung Pay if an accepted card type is loaded onto the wallet.

Tyro Mobile EFTPOS machine

Designed for portability, the Tyro Mobile EFTPOS machine is a battery-operated machine that allows you to take payments to your customers. Built for any industry – whether retail, health, or hospitality – it’s an easy way to elevate your customer service experience and put more power in your customers’ hands.

Like its CounterTop counterpart, the Tyro Mobile EFTPOS machine supports over 330 POS/PMS systems for seamless, integrated payments. It also features Dynamic Surcharging2 and Tyro Tap & Save3, PIN shield protection, advanced thermal printer, and secure data storage.

As well as it’s mobility offered by the rechargeable battery, what sets the Tyro Mobile EFTPOS machine apart from the CounterTop EFTPOS machine is its WiFi connectivity with 3G/4G backup on Telstra SIM.

The Tyro Mobile EFTPOS machine also includes hospitality specific features to help you make the most of your bar, cafe, or restaurant. These include:

  • BarTabs5, so customers can cap their spend and keep their card in their pocket
  • Pay@Table5, so staff can pull up the bill wirelessly through the Mobile EFTPOS machine, instead of at the POS, and process the payment right at the table
  • SplitBills5, so patrons can pay their own way by splitting the bill amongst the group
  • Tipping, so customers can tip how they want, either by a dollar amount or by a percentage of the transaction

Unlike Tyro CounterTop EFTPOS, our mobile option doesn’t accept Private Health Fund claims, only Medicare Easyclaim.

The Mobile EFTPOS machine accepts all major debit and credit card types, including Visa, Mastercard®, eftpos, American Express, Diners Club, JCB, and UnionPay. Another payment method the Mobile EFTPOS machine accepts is Alipay. Additionally, the Mobile EFTPOS machine accepts digital wallets like Apple Pay, Google Pay, and Samsung Pay if an accepted card type is loaded onto the wallet.

Tyro Go EFTPOS reader

The newest product in our lineup is Tyro Go, which is a portable payments solution that allows you to take payments wherever your business takes you6.

Small and lightweight, you can slip Tyro Go into your pocket, bag, toolbelt (or wherever you need it), ready for when you need to process payments quickly and easily.

Tyro Go connects wirelessly to your iOS or Android smart device via Bluetooth6, and the Tyro Go App, so you can easily accept payments from the palm of your hand. Tyro Go accepts Visa, Mastercard®, eftpos, American Express, JCB, as well as digital wallets like Apple Pay, Google Pay, and Samsung Pay, giving customers plenty of payment options. Additionally, Tyro Go allows you to produce paperless e-receipts that are sent directly to your customers email address – no printing needed.

To help lower your Merchant Service Fees, Tyro Go also supports least-cost routing on eligible debit card transactions under $1,000 with Tyro Tap & Save3.

Small but mighty, Tyro Go is best suited for micro businesses needing to take payments wherever they are including market stalls and boutique operators, as well as sole traders looking for a simple EFTPOS solution to take payments on the move, such as tradies.

Tyro Go is also a perfect complement to an existing EFTPOS setup, establishing as a payments option that doesn’t require integration with a Point of Sale system.

Wrap-up

Tyro EFTPOS is made to make doing business simple. With our range of EFTPOS products, we have a range of payment solution to help power your business ahead. To learn more about how our products compare, visit our detailed comparison page.

Ready to power your business with Tyro EFTPOS? Get started!

Disclaimers

1 Average time taken to authorise a Visa, Mastercard, eftpos payment transaction, during the period 1 Feb 2022 to 30 April 2022. Measured as the time elapsed from a cardholder presenting the card on the EFTPOS machine to the return of the authorisation on the EFTPOS machine from the card schemes.

2 Dynamic Surcharging is available for Mastercard, Visa, eftpos, UnionPay, American Express, JCB, and Diners Club on CounterTop EFTPOS and Mobile EFTPOS machines, and excludes Card Not-Present transactions. By default, we do not include your EFTPOS machine rental costs into the calculation of your cost of acceptance, however you may choose to apply these costs into your calculation of your cost of acceptance via the Tyro Portal subject to the surcharging rules as set by the RBA and enforced by ACCC.

3 Tyro does not guarantee any cost savings by opting in for Tap & Save. Savings on eligible transactions processed through the cheapest 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. For details refer to Tyro.com or call 1300 00 TYRO (8976).

4 Medicare Easyclaim is only available where the POS/PMS supports the integration. You should make your own enquiries in regards to this.

5 Tyro’s Pay@Table, SplitBills and BarTab features are only available where the POS/PMS supports the integration. SplitBills is only available with Tyro’s Pay@Table feature.

6 Compatible with Apple iOS 11 or later and AndroidTM 8.0 or later. Tyro Go requires a Bluetooth-enabled mobile device or tablet, an app to be installed and mobile network coverage. Mastercard is a registered trademark of Mastercard International Incorporated.

Mastercard is a registered trademark of Mastercard International Incorporated.

Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries.

Google Pay is a trademark of Google LLC.