Tyro Payments partners with American Express to launch OptBlue in Australia

Tyro enables thousands of Aussie businesses to process American Express transactions hassle-free with OptBlue launch

Tyro Payments is pleased to partner with American Express for the Australian launch of OptBlue, a new program allowing thousands of Tyro merchants to process American Express transactions hassle-free.

With OptBlue, Tyro merchants will be able to process American Express transactions at a competitive rate to other card schemes and benefit from a single onboarding journey, single servicing contact and a single settlement and invoicing experience, making end-of-day reconciliation easier.

New and existing Tyro merchants will be among the first businesses in Australia able to benefit from the OptBlue program, which was previously only available to merchants in the U.S., Canada and Mexico. OptBlue will also be available to thousands of Tyro Health providers who are enabled to provide on-the-spot claims for their patients using their Tyro terminal.

Dominic White, Chief Product Officer at Tyro Payments says: “Simplifying payment acceptance with innovative solutions built for Aussie businesses has been in Tyro’s DNA for more than 20 years. We’re thrilled to be partnering with American Express to launch yet another first-to-market platform that allows thousands of Tyro merchants to accept more payments and makes it even easier for more Australians to shop locally.” 

Stacey Rylands, Vice President of Merchant Acquisition for American Express Australia and New Zealand, says: “Enabling American Express Card Members to use their Cards in more places has been a top priority for some time and we have made incredible gains across industries and key locations. The launch of OptBlue in Australia is set to supercharge the scale of our merchant Network and once and for all help put an end to the question: ‘do you accept Amex?’ at the checkout. Not only is it a win for American Express Card Members, but for thousands of additional small businesses across the country set to benefit from Amex Card Members who on average, spend 3.4 times more annually than non-Card Members and 2.4 times more per purchase. At a time when small businesses are facing significant economic pressure, every high spending customer through their doors is a huge win.” 

All eligible new merchants will be enabled to accept American Express transactions through the OptBlue program when they sign up with Tyro.

Tyro powers more than 68,000 merchants across Australia with innovative payments and cashflow solutions built for small businesses. Tyro’s innovative product suite includes mobile tap-to-pay device Tyro Go, iOS payment acceptance app Tyro BYO, touch screen in-store terminal Tyro Pro, and Tyro Health Online, a dedicated unified solution for on-the-spot claims and faster contact-free payments for healthcare providers.

For more information about Tyro, visit www.tyro.com or Tyro on LinkedIn, Facebook, and Twitter.

Media enquiries: Gemma Garkut | Email: ggarkut@tyro.com | Phone: +61 422 040 559| 

ABOUT TYRO PAYMENTS
Tyro is a leading Australian payments company that makes it fast and easy for small businesses to accept payments and manage their cashflow. Powering more than 68,000 businesses across the country, Tyro’s innovative products integrate with over 330 system partners in hospitality, retail, health and services so that Australian merchants can run and grow their business, their way.

ABOUT AMERICAN EXPRESS 

American Express is a globally integrated payments company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com.au and connect with us on facebook.com/americanexpressaustralia, instagram.com/amexau, linkedin.com/company/american-express, x.com/amexau, and youtube.com/americanexpressau.