Resources

Consumer Data Right

Empowering you to take control of your data and share it securely with accredited third-party service providers.

Consumer Data Right eligibility

Who can share data from Tyro and what accounts are available?


The Consumer Data Right (CDR) is being introduced by the Australian Government in a phased approach. As such, Tyro will be making CDR data sharing available to customers over time as new phases and changes to the CDR come into effect.

At present, Tyro customers who are sole traders are able to share consumer data relating to the following products:

  • Tyro Bank Account
  • Tyro Business Term Deposit
  • Tyro Business Loan

We expect the remainder of our customer base to be eligible to share their data by 1 November 20221.

For eligible customers, you will be able to share some of your customer details, account information and transaction details.

Consumer Data Right

What are the benefits for you?

Sharing your data securely

All participating CDR organisations must be accredited by the ACCC before they are able to request data on your behalf. This accreditation process includes testing to ensure that participating organisations meet certain security standards. As an active data holder, Tyro must also adhere to these standards.

Make your life that little bit simpler

Convenience is at the heart of CDR. Sharing data securely unlocks the potential for many mundane processes to be streamlined and more personalised services to be made available to you. You can click here to find a list of all the accredited organisations.

Control who has access to your data at all times

The CDR will provide you with control to choose which accredited organisations you allow to access your customer and banking data. Through your dashboard in the Tyro App (select Manage data sharing in the Settings menu), you will be able to see who you have given access to your Tyro data and choose to modify or stop sharing access anytime. You can authorise accredited organisations to access your data for a nominated time, up to 12 months, at which point their access will automatically expire.

Consumer Data Right

How data sharing works

Provide your consent on the website or app of the accredited organisation you want to share your Tyro data with first. You’ll then be taken securely to Tyro so you can set up sharing in just a few easy steps as outlined below. For customers with multiple businesses, you will need to select which eligible business you wish to share data on behalf of prior to selecting your eligible accounts.

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Consumer Data Right policy

Our Consumer Data Right policy describes how we manage your data under the CDR and your rights under the CDR legislation.

Consumer Data Right APIs

Documentation designed to support your access to Tyro’s data which has been developed in accordance with the Consumer Data Standards

Frequently Asked Questions

Have any further questions? See a list of our most frequently asked questions.