Payments and banking solutions built for your business

Powering over 61,000 Australian businesses
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frank provost

Tyro Bank Account

Tyro customers can manage their cashflow and get EFTPOS funds settled 7 days a week1 (even on weekends and public holidays) with our fee-free, interest bearing Tyro Bank Account.

  • Flexible settlements2
  • Earn interest on your business savings
  • Integration with Xero
  • 24/7 mobile banking with the Tyro App
tyro bank account


Tyro EFTPOS provides simple, yet feature-rich payment solutions that let businesses take payments how and when they want to.

  • Fast, secure payments
  • Integration with 330+ POS/PMS providers
  • No lock-in contract
  • Stay connected through WiFi with a 3G/4G back up
Get started
Already a Tyro customer?

Bank easy with the Tyro App

The Tyro App lets you access 24/7 mobile banking so you can stay on top of your business from anywhere with intelligent notifications, bank transfers, BPAY®, and direct debits.

Download it on the App Store Get it on Google Play

Powering your payments and banking

Find out how Tyro’s payment and banking solutions can help your business thrive.

Frequently Asked Questions

  • Do I need Tyro EFTPOS and/or eCommerce to open a Tyro Bank Account or Tyro Business Loan?

    Yes. The Tyro Bank Account and Tyro Business Loan are only available to Tyro EFTPOS or eCommerce customers`.

  • How long does it take to receive my Tyro EFTPOS machine(s)?

    Once your EFTPOS application is submitted, you should receive your EFTPOS machine(s) in 7-10 business days.

  • When can I apply for the Tyro Bank Account or Business Loan?

    To apply for the Tyro Bank Account, you will need to have a Tyro EFTPOS or eCommerce solution and download the Tyro App. Once you have the Tyro Bank Account, you are then eligible to apply for the Tyro Business Loan.

  • Is the Tyro Bank Account free?

    Yes. The Tyro Bank Account is completely fee-free.