Tyro is the first new entrant into the EFTPOS business in over 15 years. As Australia’s first and only fully independent acquirer, Tyro offers an EFTPOS facility processing credit, debit, gift, loyalty and Medicare cards. Tyro is dedicated to helping merchants improve their business processes, manage their electronic payments and reduce the cost of their acceptance.
Tyro (formerly MoneySwitch) holds an authority under the Banking Act to carry on banking business as a Specialist Credit Card Institution (SCCI) and operates under the supervision of the Australian Prudential Regulation Authority (APRA). Tyro provides credit, debit and EFTPOS card acquiring services and does not take money on deposit.