The contactless card PIN limit is increasing from $100 to $200
Prav Pala has joined the Tyro team as Chief Financial Officer. The appointment reflects Tyro Payment’s strategy of accelerating growth.
After the ten year school of hard knocks, breaking even in March 2012 and growing net earning to $3 million in fiscal year 2013/14, Tyro increases its investment rate into the business.
Tyro staff grew from 93 professionals at the end of June 2013 to 160 now. We are increasing in all areas, but mostly in engineering. Thus we increase our product delivery capacity so as to expand faster the number of payments schemes and channels that we accommodate with our solution.
Prav leads Tyro’s growing finance function, including credit risk and recoveries. He is a qualified CPA and a member of the Chartered Financial Analysts Institute and has over 15 years of professional experience. Having started his career with PricewaterhouseCoopers in Fiji, Prav has had extensive managerial experiences in the Property and Financial Services sectors as well as managing large integration and strategic finance related projects.
This is what Prav says: “I believe in Tyro’s cause, it’s people and its culture… an agile and innovative challenger in the dynamic electronic payments sector, I’m excited to be a part of Tyro’s journey.”