Do I need to change banks?

When you choose Tyro as your EFTPOS provider, you can choose where to settle your funds. There are benefits with settling your funds into the Tyro Bank Account such as having access to your funds the same day, at a time of your choosing (from 8pm to 5am), and earning interest on your funds*. You can also setup full or partial recurring transfers to an account at another bank to suit your cash flow needs. However, 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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