Payments, Lending & Banking

All in one place. We are so much more than just EFTPOS. Switch to Tyro to take payments faster and bank smarter.

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Trustpilot
Seamless Integration

Tyro EFTPOS integrates with over 330 Point of Sales systems and can effortlessly integrate into your business

Get paid every single day

Set up your fee-free Tyro Bank Account and get your EFTPOS takings on the day, every day with 7-day settlements

Earn interest, pay no fees

Earn interest just for having money in your Tyro Bank Account. Plus, there’s no fees, ever.

Fast funding with repayments on your terms

Get up to $350K with a Tyro Loan and choose repayments based on your daily takings.

GET A BIG TIME SOLUTION

Simplify your payments experience with the Tyro Pro, designed to make taking payments fast, secure and easy. Plus, team up your Tyro EFTPOS with a free Tyro Bank Account to get same-day access to your takings, 7 days a week, including weekends, public holidays and even over Christmas.

Tyro is your one stop payments, banking and lending shop, helping over 71,000 Aussie businesses get paid, manage cashflow and grow.

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Easy set-up & local support

Complete the simple application process online, with the dedicated Tyro team available to support in case you need it.

Save on fees

Built-in features like Dynamic Surcharging and Tap &Save to help you save.

No Lock-in contract

That means full flexibility and control – no set-up fees, no cancellation or exit fees

Flexible Pricing

Different pricing options so you can choose the right fit for your business

KEEP CASH FLOWING AND BUSINESS GROWING

Taking payments and managing cash flow is the bread and butter of any successful business.

Pair your Tyro EFTPOS with a Tyro Bank Account to receive your EFTPOS takings on the same day.
Or, apply for the Tyro Business Loan, a recent winner at The Finnies Awards, to access fast and flexible funding that could help you achieve your business goals.

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  • 7-day settlements §

    Your takings paid every day, including weekends and public holidays.

  • Earn interest, pay no fees

    With no fees, and all the perks of earning interest on your balance, doing business with a Tyro Bank Account has never been better.

  • Easy integration

    Put payroll & BPAY® payments on autopilot.

  • Fast funding with repayments on your terms

    With a Tyro Business Loan you get up to $350k in as little as 60 seconds, and choose repayments based on your daily takings.​

Our Customer Feedback

See what our customers are saying on Trustpilot about their experiences.

“The ease of use, the back-up mobile connection when wifi is unavailable and the clear communication from Tyro at all times has vindicated our decision to “go with Tyro” a hundred times over.”​

– Bernard​
Dec 22, 2023,

“Tyro understands Small Business and underpins every facet of it from point of sale, and payroll, to supplier payments and business expansion.”​

– PodPlus​
Dec 15, 2023,

“Easy application and easy to monitor cash flow with the easy setup of repayments. Makes small business banking extremely easy!”

– Ricky
Dec 22, 2023,
Powering over 71,000 Australian businesses

Customised solutions for your industry

  • General

    General

    Tap & Save

    Save on Merchant Service Fees for eligible Tap & Go debit transactions with Tyro Tap & Save *.

    Dynamic Surcharging

    Recover most costs of accepting payments when enabling Dynamic Surcharging ^.

    POS integration

    Seamlessly integrates with supported POS systems

    Business banking

    Tyro EFTPOS customers have access to the Tyro Bank Account and Tyro Business Loan, to keep cashflow management simple.

    Tyro & Xero

    Access seamless bank feeds, quick payroll, and simple batch payments through Tyro’s integration with Xero.

    Local Support

    Aussie support available 7 days a week.

  • Hospitality

    Hospitality

    POS integration

    Pair with your hospitality Point of Sale for a robust integrated experience.

    SplitBills †

    Let customers split their bill, even when at the table.

    Tipping

    Discreet and easy tipping, including split tips and percentage tipping.

    Get your funds fast

    Same day settlement means you get access to your payment takings on the same day, even on weekends and public holidays §.

    No locked tills

    Process transactions simultaneously.

    Pay@Table †

    Flexibility to let customers pay at their table.

  • Retail

    Retail

    POS integration

    Pair with your retail Point of Sale for a robust integrated experience.

    Keep queues short

    Take payments in seconds to keep your business flowing.

    Get your funds fast

    Same day settlement means you get access to your payment takings on the same day, even on weekends and public holidays §.

Accept these payment types

Tips to grow with tyro

Discover which Tyro product is the right fit for your business

Find the perfect payment fit. Tyro has EFTPOS solutions for businesses of all sizes.

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Strategies for reducing card transaction fees

In this blog, we will explore the concept of merchant fees and dive into practical strategies to help businesses reduce these fees.

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Tyro recognised for excellence in business lending

Tyro Payments has taken home the award for Excellence in Business Lending at the 2024 Finnie Awards, presented by FinTech Australia.

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EFTPOS Pricing Options

For any of our pricing options, you can add on a fee-free Tyro Bank Account.

Transacting

Less than $20,000 per month

1.4%

Per transaction (incl. GST)

  • Ideal for businesses who transact up to $20K monthly
  • Quickly set-up your business with an out of the box solution
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Transacting

More than $20,000 per month

Custom pricing


  • Get a custom quote to get the most effective pricing for your business set-up
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No Cost EFTPOS

$0 monthly bills ¤

No cost EFTPOS

Automatically recover the costs of your Tyro Pro EFTPOS by surcharging your fees to your customers

  • No machine rental costs when you transact over $10,000 per month δ
  • Keep what you earn with a straightforward and simple pricing option, with no monthly bill shock ¤
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Helpful answers to common questions

  • What kind of businesses are suitable for Tyro Pro?

    Tyro Pro is suitable for all types of businesses that accept card and contactless payments. If you are a growing business or if you need an integrated POS and EFTPOS solution, or simply a robust EFTPOS machine that you can use on its own, then Tyro Pro could be the ideal EFTPOS machine to help you run your business.

  • Do I need to switch banks to use the Tyro Pro EFTPOS machine?

    Settling into the Tyro Bank Account means you can reap the benefits of accessing your EFTPOS takings fast and on the same day through same day settlement §, including on weekends and public holidays. Don’t have a Tyro Bank Account? No worries, you can always settle into your nominated or linked Australian Bank Account. Or better yet, open up a Tyro Bank Account and choose to allocate a percentage of your takings in your Tyro Bank Account or your linked Bank Account.

  • Does Tyro Pro integrate with my POS system?

    Tyro Pro integrates with over 330 Point of Sale providers.

  • Is the Tyro Bank Account free?

    Yes. The Tyro Bank Account is completely fee-free. No set up fee, no account keeping fees and no transfer fees.

  • When can I apply for the Tyro Bank Account or Business Loan?

    To apply for the Tyro Bank Account, you will need to have a Tyro EFTPOS or eCommerce solution and download the Tyro App. Once you have the Tyro Bank Account, you are then eligible to apply for the Tyro Business Loan.

  • How long does it take to receive my Tyro EFTPOS machine(s)?

    Once your EFTPOS application is submitted and has been approved, you should receive your EFTPOS machine(s) in 3-5 business days (metro areas). Tyro BYO App requires no hardware to be delivered and can be up and running once your application has been submitted and approved.

  • How is the loan repaid?

    We make repayments simple. Just nominate a percentage of your daily EFTPOS and/or eCommerce takings to go towards your loan repayments so you repay as you trade. This means repayments rise and fall in line with your cash flow so you have flexibility during slower periods (subject to minimum repayments). If that’s not what you’re looking for there’s also the option to make manual payments and even pay the loan in full anytime, but you should note that the loan fee will remain the same.

  • What is the interest rate of the Tyro Loan?

    Instead of an interest rate you are charged a loan fee, which is paid down with your loan repayments over the life of the loan. If you are eligible for a Tyro Business Loan, you can use the loan calculator in the Tyro App or Tyro Portal to explore how much you can borrow, customise your repayment options and calculate your loan fee so you know how much your loan will cost up front.

  • What if I want to pay off my loan earlier than originally agreed?

    Tyro Business Loan is flexible so if you want to pay it off faster, that’s up to you. The loan fee is payable regardless of how quickly you pay off the loan. To pay off your loan sooner with a lump sum repayment, you can do this in the Tyro App, or simply contact Tyro Customer Support on 1300 00 8976.

Ready to apply?

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Looking for extra support?

Phone

General support is available on 1300 00 8976 from 7am-9pm, 7 days a week (Sydney time).

Request support

Leave your details on our request support form and we’ll be in touch to help support your business.

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