Do I need to change banks?
When you choose Tyro as your EFTPOS provider, you can choose where to settle your funds. You do not need to change or cancel your existing bank account. However, the Tyro Transaction Account is a fully featured bank account to help you manage your cashflow in one place. If you prefer, your settlement funds can be settled into an account with any Australian bank account (in the same name).
Excludes Alipay, HealthPoint and funds settled directly by Afterpay, American Express, JCB, and Diners Club.
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