Tap & Save

Tap & Save

Customers tap. You save^. Reducing EFTPOS fees has never been so simple.

At Tyro, we’re proud as punch to have launched our version of least-cost routing – known simply as Tap & Save. As the name suggests, customers tap their cards, and you could save on Merchant Service Fees by processing the contactless debit transactions through the cheaper eftpos network.

As the first bank to launch the feature, this shows our ongoing commitment to Aussie businesses like yours.

How you could reduce Merchant Service Fees with Tap & Save

Step 1

Your customer makes a debit contactless transaction

Step 2

If eligible^, we process the transaction through the eftpos network

Step 3

Due to a lower acquiring cost, you could save money

International card schemes


average fee per
contactless transaction

The eftpos network


average fee per
contactless transaction**

Why get Tyro Tap & Save?

Save Money

Save Money

On average, Tyro customers can save more than 6%* on Merchant Service Fees. Actual savings for each business vary depending on their card mix transaction volume and amount, industry and pricing plan.

Easy Opt In

Easy Opt In

Apply now and, if eligible, you can opt in to Tap & Save.

Integrated EFTPOS

Integrated EFTPOS

Tyro’s industry-leading EFTPOS integrates with over 240 POS/PMS and has 99.9% uptime.

EFTPOS Terminal - Tyro Yomani
Countertop Terminal


EFTPOS Machine - Tyro Yoximo
Mobile Terminal


  • Mobile, 3G and Wi-Fi
  • Lightning-fast transactions
  • Long-life rechargeable battery
  • Find out more

Tap & Save works for businesses like yours



On average, Tyro hospitality customers save 8.8%* using Tap & Save.



On average, Tyro retail customers save 5.8%* using Tap & Save.



On average, Tyro health customers save 4.3%* using Tap & Save.

Other customers

Customers like you

On average, Tyro customers can save more than 6%* on Merchant Service Fees.

Trusted by over 22,000 Australian businesses

4.3/5 star rating

Our customers rate us 4.3 out of 5

Tap & Save has been great for my business. I’ve ended up with more money at the end of the month without having to change a thing. No fiddling with machines, no increase in prices, no staff retraining – keeping my customers and my team happy. Tyro understands what’s important to me, and they make it happen – simple.


The Oaks Hotel (Neutral Bay, NSW)

Join Tyro and benefit from fast, integrated & reliable EFTPOS that could save you money.

Or call 02 8907 1700 Mon-Fri 9am-5pm AEST.

Tyro has no lock-in contract, we believe in our products.

Frequently Asked Questions

Do I have to change my bank Account?

No. Tyro can autosweep EFTPOS settlements from the Tyro Bank Account into any Australian bank account.

How long does it take for funds to settle?

Tyro submits payment instructions for the previous day's transactions to the merchants' nominated transaction bank in a file at 10am on banking days via the Bulk Electronic Clearing System (BECS). Non-banking days (weekends and Public Holidays) are submitted along with the next banking day's transactions. However, Tyro is now offering 'Flexible Settlements', which allows merchants to select a settlement time (after 8pm) 7 days a week.

Is there any lock-in contract?

Tyro has no lock-in contract, we believe in our products. You may cancel at anytime.

How long does it take for the terminals to arrive?

Once your application is approved, it’ll take 2-4 business days for the terminal to arrive.

How do I transfer from a different provider?

You can keep your existing terminal until your Tyro terminal arrives.