Business Banking

Business Banking with Tyro

Tyro’s business banking solutions are built to support your business. Get fast access to your takings, more flexibility with your funds and tools to unlock further growth for your business.

Available to Tyro EFTPOS and eCommerce merchants.

Tyro Bank Account

Access same day settlements, 7 days a week 1.

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Business Loans

Get a business loan up to $350k in 60 seconds 2.

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Seamless Cashflow Management

Easily manage your business with payments and banking in one place

Download the app

Manage your banking, transactions and loans in one place

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Tyro Bank Account

With a Tyro Bank Account, your daily takings will be in your account the same day, so you can get paid 7 days a week 1. Even on weekends and public holidays.

Learn more about Tyro Bank Account
Get paid the same day 1

Receive same-day settlements, 7 days a week.

No fees

Enjoy zero transaction, batching, account-keeping, statement or overdrawn fees.

Seamless Xero integration

Easily manage bills, payroll and batch payments in one place.

Earn interest on your savings

Be rewarded with higher interest rates the longer you leave your funds in your account

Business Loans

Access fast and flexible funding, up to $350,000 2 with a Tyro Business Loan.

Business Term Deposit

Grow your business savings with a Tyro Business Term Deposit. Lock-in a competitive fixed interest rate with a term that suits your business’s needs 3.

Manage your business 24/7 with mobile banking 4

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

Download it on the App Store Get it on Google Play

How to bank with Tyro

Step 1

1. Sign up for an EFTPOS solution

Our banking services are exclusive for our EFTPOS & eCommerce merchants.

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Step 2

2. Apply for a Tyro Bank Account

You can do this at the same time as applying for Tyro EFTPOS & eCommerce.

Otherwise you can apply for a Tyro Bank Account in the Tyro portal.

Step 3

3. Get access to business loans, term deposits and more

Through the Tyro App and Tyro Portal

Benefits of Business Banking with Tyro

Get paid the same day, everyday 1

With same day settlement, 7 days a week including public holidays.

Security Guaranteed

Rest assured that your money is protected with the extra security of the Australian Financial Claims Scheme 5.

Local support, every day

The dedicated Tyro team is there to support you 7 days a week for anything you may need.

Frequently Asked Questions

  • New customers can open a Tyro business bank account when you apply online, and existing customers can open a Tyro business bank account in the Tyro Portal. You can also contact our customer support team for assistance. The process is quick and straightforward and designed to get you started with minimal hassle.

  • To give the best experience to our customers, we offer a full package banking solution where your EFTPOS takings are added to your bank account on the same day.

  • Yes, you need a Tyro Bank Account to access Business Loans and Fixed Term Deposits.

  • You can manage your Tyro Bank Account in the Tyro Portal or Tyro App.