Tyro vs Square
Helping you find the EFTPOS machine provider that’s the best choice for your business.
Helping you find the EFTPOS machine provider that’s the best choice for your business.
For the past 21 years, we’ve been committed to helping our thousands of Aussie businesses grow and succeed, by offering a flexible payment solution which is fast, easy to use and secure. You know your business best, so we integrate with over 450+ POS/PMS systems to empower you to setup your payments without limitations. Best of all, enjoy the freedom of no lock-in contracts and get back to what’s really important; running your business.
We won’t lock you into a contract or make you pay any exit fees.
We integrate directly with over 450+ POS/PMS providers to simplify your payments process.
Settlements into a Tyro Transaction Account are paid 7 days a week — even on public holidays *.
Our Aussie-based support team is here for you 7 days a week with 24/7 emergency support.
Compare EFTPOS solutions and make the choice that’s right for your business.
Competitive data on this page was collected on 19/03/2024 and is based on information found on squareup.com. This information is subject to change or update without notice. This page is for informational purposes only. You should contact the Tyro team for assistance in choosing the product that is right for you and most applicable to your business circumstances.
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| EFTPOS machine | Tyro Pro EFTPOS machine $29/month (Incl. GST) | Square terminal $329 |
| Transaction fees | 1.4% per transaction* | 1.6% per transaction |
| Next day business settlement to external bank account | ![]() |
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| Same-day settlement of funds | ![]() Into a Tyro Transaction Account1 |
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| Integration with 450+ POS/PMS providers | ![]() |
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| Built-in mobile network backup | ![]() |
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| AMEX OptBlue | ![]() |
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| Pay@Table integration | ![]() |
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| 6-inch HD touchscreen | ![]() |
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| On-device transaction history and reporting | ![]() |
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| No Cost EFTPOS option | ![]() |
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| Least cost routing ^ | ![]() |
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| Phone support | 7 days a week with 24-hour emergency support | 9am-5pm Monday-Friday |
| EFTPOS machine repair | Free for non-physical damage | Limited Warranty |
Spend less time on your payments and more time on your customers with the Tyro Pro, a versatile and feature-packed device designed to adapt to your needs. Use on its own or integrate with your choice of Point of Sale system for a streamlined payment experience.
Tyro understands that businesses have different needs. Whether you prefer a simple flat rate, custom pricing, or the freedom of a No Cost EFTPOS § solution, Tyro has a pricing structure that aligns with your business, supporting its growth.
Our solution provides the flexibility to switch your POS/PMS system, enabling your business to adapt and scale effortlessly as it grows. That means smoother processes for payments, reporting, and reconciliation; without the constraints of a pre-bundled solution.
Did you know? We do banking too. Our business banking suite comprises the Tyro Transaction Account, and the Tyro Business Term Deposit. Keep your cash flowing with same-day settlements * 7 days a week, even weekends and public holidays.
We’ve got you covered, whatever your business needs.
Switching to Tyro is easy. Simply provide a few details about your business and we’ll reach out to get you started.
Tyro does not integrate with Square; however, Tyro seamlessly integrates with 450+ POS/PMS systems. Check out the full list at https://www.tyro.com/pos-partners/.
Yes. The Tyro Transaction Account is only available to Tyro EFTPOS or eCommerce customers.
Once your EFTPOS application is submitted and has been approved, you should receive your EFTPOS machine(s) in 3-5 business days (metro areas).